10th Jun 2026 13:22
(Alliance News) - Tritax Big Box REIT PLC on Wednesday said the UK secretary of state for Housing, Communities & Local Government has approved its proposed data centre development near Heathrow Airport.
The London-based real estate investment trust focused on logistics properties in the UK said the decision relates to its planned data centre at Manor Farm, Heathrow.
Shares in Tritax Big Box jumped on the back on the news, rising 3.1% to 148.60 pence in London.
The approval was granted by the Minister of State for Housing & Planning Matthew Pennycook on behalf of the secretary of state following consideration of the project.
The decision clears the way for the development of the data centre project at the Manor Farm site and comes earlier than Tritax expected.
On Wednesday morning, the trust said it expected the UK government's decision to be delayed until July 7.
Manor Farm is set to be the company's first foray into artificial intelligence infrastructure. The project is targeting a 107-megawatt capacity, with Tritax noting last month that the project is "primed for launch" and expected to generate profit in 2026.
The company is also planning a second data centre in Chelmsford, for which it eyes a planning decision in the near term.
By Eva Castanedo, Alliance News reporter
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