Strutt & Parker advised Kier on a £30m joint venture with DTZ Investment Management.

The project will involve the speculative development of two prime West London industrial estates (60,000 sq ft Western International Park in Hayes and 120,000 sq ft at Cowley Mill Road, Uxbridge). Work at Hayes will commence in February 2013, transforming the existing site into nine high quality industrial units; it is expected that these will be occupied by the summer.

James Fairweather, Head of Industrial at Strutt & Parker said: "Demand for prime South East industrial estates remains strong and in the face of limited supply there are investors willing to develop the property directly in areas with identified demand. The accessible location of the Hayes development will be its key selling point; close to Heathrow and with excellent transport links, it will satisfy many occupiers' requirements."