Curzon De Vere has secured £57 million in financing from Eldridge Real Estate Credit to support the ongoing expansion of Port One Logistics Park in Ipswich, Suffolk. The funding is divided between a £16 million facility previously used to construct a 220,000 square foot logistics unit and a new £41.2 million loan to fund the next phase of large-scale logistics developments.

The expansion will add approximately 388,000 square feet of modern logistics facilities, designed to attract occupiers from the e-commerce, distribution, and port logistics sectors. This investment reinforces Curzon De Vere’s vision for Port One as a premier logistics destination and forms part of a long-term plan to scale the park over the next ten years.

The development is expected to create up to 3,500 new jobs and contribute an estimated £3.4 billion to the local economy. Curzon De Vere’s strategy includes enhancing infrastructure, strengthening the local freight and e-commerce network, and taking advantage of Port One’s strategic location within the Freeport East Zone, with direct links to the Port of Felixstowe and the national highway network.

Port One’s new facilities will feature high-specification logistics units prioritizing operational efficiency and sustainability. Planned innovations include vertical farming, advanced AI development spaces, solar energy installations, and extensive tree planting. Infrastructure upgrades will further improve traffic flow and site accessibility.

Curzon De Vere Group continues to be a leading force in commercial and residential development across Suffolk and East Anglia. All construction at Port One is managed by its in-house contractor, Team AB Services, ensuring consistent project quality and standards.

This financing reflects strong confidence in both Curzon De Vere’s regional development strategy and the broader growth outlook for the UK logistics sector.