Name

Tungsten Properties

Legal name

Carbide Properties Limited

Website

https://tungsten.uk.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Leicester

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Development Profit: Property development company generating revenue through development profit from sale of completed industrial and logistics developments to investors and occupiers. Uses JV funding arrangements and balance sheet capital.
2. Property Disposal Sales: Sale of completed developments to institutional investors (BP Pension Fund, Ropemaker Properties, Leftfield Capital) and private investors. Examples: Witney units sold for £26m, Super W sold for £32.1m, Witham development sold for £7.25m.
3. Development Management Fees: Asset and development management fees from acting as operating partner for JV structures. Example: Development/asset manager for EPISO 5 fund managed by Tristan Capital.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Tungsten Properties is a privately-owned UK industrial and logistics property developer that specialises in mid-box (5,000–100,000 sq ft) and big-box (100,000+ sq ft) warehouses, multi-let industrial estates and trade counter schemes across England. The company sources sites, secures planning, structures joint venture funding with institutional investors, develops Grade A space with standardised sustainability specifications (BREEAM Excellent, EPC A, Net Zero Carbon), and either pre-lets or sells completed units to occupiers and investors. It also acts as asset and development manager for JV vehicles such as the BC Partners £250m JV and Tristan Capital's EPISO 5 fund.

Product overview

Tungsten Properties is a privately-owned UK industrial and warehouse property developer founded in 2005, specializing in mid and big-box logistics developments. The company operates as a platform of named project developments spanning industrial warehouses, trade counters, distribution centers, and multi-let industrial estates across the UK. Key products include Tungsten Park Witney (14-unit 470k sq ft flagship development), Super W Warrington (net zero carbon distribution center), Centurion Park Colchester (11-unit BREEAM Excellent scheme), Leftfield Park Basingstoke, Tungsten Park Milton Keynes, Tungsten Park High Wycombe, Nuneaton 37, Greenland Road Sheffield, Brackley Trade Park, Vaughan Park Tipton, ARC 500 Birkenhead Freeport, Observer Park Arborfield, and Tungsten Park Filton. The portfolio targets sustainability certifications including BREEAM Excellent/Very Good, EPC A/A+ ratings, and Net Zero Carbon accreditation. Development sites range from sub-50,000 sq ft mid-box units to 500,000+ sq ft big-box distribution facilities.

Differentiator

Problem solved

Functional benefit

Brands

• Tungsten Park: Multi-unit industrial and warehouse development brand used across multiple locations including Witney, Milton Keynes, High Wycombe, and Filton
• Tungsten Trade Park

Products and services

• Tungsten Park Witney Multi-phase industrial and warehouse development in Oxfordshire spanning ~470,000 sq ft across 14 units, delivered in two phases totaling 458,247 sq ft and achieving BREEAM Excellent and EPC A ratings. Targets industrial and logistics occupiers and institutional investors.
• Super W Warrington 246,134 sq ft net zero carbon distribution warehouse in Warrington, let to Farmfoods on a 25-year lease and sold to Leftfield Capital for £32.1 million. Achieved BREEAM Very Good certification and Net Zero Carbon Accreditation.
• Centurion Park Colchester 11 high-specification industrial and distribution units (11,000-70,500 sq ft) on 29 acres adjacent to the A120 in Essex, funded in partnership with Tristan Capital Partners and achieving BREEAM Excellent, EPC A+ rating and Net Zero Carbon in Construction.
• Leftfield Park Basingstoke Two high-specification industrial/warehouse units totaling 124,071 sq ft on Hampshire International Business Park, Net Zero Carbon ready and targeting BREEAM Excellent and EPC A. Funded by Leftfield.
• Tungsten Park Milton Keynes Two mid-box industrial and logistics warehouses totaling 63,910 sq ft at Breckland Road, targeting EPC A with 10m eaves, secure yards and fitted offices.
• Tungsten Park High Wycombe 44,000 sq ft mid-box industrial/logistics warehouse targeting BREEAM Excellent and EPC A, with 9m haunch height, secure self-contained yard and fully fitted office.
• Nuneaton 37 36,872 sq ft Grade A industrial/logistics unit at Bermuda Park, Nuneaton, targeting BREEAM Excellent and EPC A, with EV charging and 10m eaves height.
• Greenland Industrial and Trade Park Sheffield 195,113 sq ft, 12-unit industrial/trade park development at the former B&Q site in Sheffield, funded by Barwood Capital and BREEAM Very Good certified.
• Tungsten Trade Park Brackley Seven trade counter units with drive-thru totaling 40,000 sq ft, fully let and sold to Costa, Screwfix, Toolstation, Rexel, Easy Bathrooms, Garage 59, DAR Group and Rapid Electrical.
• Vaughan Park Tipton Two industrial units totaling 255,000 sq ft developed for Kennedy Wilson at Tipton: Vaughan 153 (153,000 sq ft, 15m eaves) and Vaughan 102 (102,000 sq ft, 12m eaves), targeting BREEAM Excellent.
• ARC 500 Birkenhead Freeport 497,201 sq ft cross-docked facility at Birkenhead Freeport with 50m yards, 360-degree circulation and 9.2 acres of open storage, achieved BREEAM Excellent and Net Zero Carbon in construction with 40 EV charging points.
• Observer Park Arborfield Seven industrial/logistics units totaling ~79,950 sq ft at Arborfield, Reading, targeting EPC A+ with photovoltaic panels on every unit and EV charging points.
• Tungsten Park Filton Five-unit warehouse/trade counter scheme totaling 94,200 sq ft at Hayes Way, Filton, Bristol, with units ranging 10,200-30,000 sq ft and 8-9.3m haunch heights, targeting BREEAM Excellent, EPC A and 10% Biodiversity Net Gain.
• Oakham Trade Park 13-unit trade, retail and light industrial development totaling 45,100 sq ft on 3.79 acres in Oakham, fully let and sold to Screwfix, Toolstation, Howdens, Cancer Research, Easy Bathrooms and Eden Tyres.
• Calder Park Wakefield 331,000 sq ft industrial facility for Easy Bathrooms' headquarters and national distribution centre, delivering a 291,000 sq ft single warehouse with 39,000 sq ft offices and showroom, achieving Net Zero Carbon in construction, BREEAM Very Good and EPC A.
• Asset and Development Management Services Asset and development management services delivered to joint venture partners and institutional capital providers, including operating partner role for the BC Partners £250m JV platform and development/asset management of EPISO 5 (Tristan Capital Partners) schemes at Colchester and Birkenhead.

Quantifiable outcome

• Over 500 construction jobs created per major development phase (e.g., Witney project)
• +3 more outcomes

Named customers19 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Carbide Properties LimitedcoreOthersLegal entity name for the company as identified in Privacy Policy. Company number 09192805. Privately owned property development company.

Scale indicators18 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• Chancerygate: UK multi-let industrial developer with very similar boutique business model targeting mid-box units (5,000-100,000 sq ft) for SMEs and trade counter occupiers. Both companies focus on Grade A sustainable industrial developments in regional UK markets with similar institutional capital backing structures.
• Bericote Properties: UK industrial and logistics property developer focused on speculative and pre-let developments across the Midlands and South East. Similar scale and product offering to Tungsten with comparable target customer segments.
• Stoford Developments: UK commercial property developer specializing in industrial, logistics, and office developments across the Midlands and wider UK. Comparable regional focus and similar institutional capital-backed development model to Tungsten.
• Panattoni: European logistics developer with significant UK presence developing big-box distribution centers and speculative multi-let industrial estates. Directly comparable to Tungsten's Centurion Park and Witney projects in product type, target market, and BREEAM sustainability focus.
• GLP UK (formerly Gazeley): UK logistics property developer (originally Gazeley, now part of GLP) developing big-box distribution centers and multi-let industrial estates. Targets the same institutional investor and major occupier customer base as Tungsten in the UK market.
• Firethorn Trust: UK real estate investor and developer focused on logistics and build-to-rent sectors. Comparable boutique scale to Tungsten with similar focus on institutional capital partnerships and UK logistics development.
• Tritax Big Box REIT: UK-listed REIT focused on big-box logistics warehouses (100,000+ sq ft) for major e-commerce and retail occupiers. Directly comparable to Tungsten's Super W and Calder Park projects with major institutional occupiers like Farmfoods and Easy Bathrooms.

Broad incumbents

• SEGRO: UK's largest industrial REIT operating in the same big-box logistics and industrial market, with substantially greater scale, capital base, and occupier relationships. SEGRO's portfolio spans multi-let estates and big-box logistics across the UK—the same target segments as Tungsten but at materially larger scale.
• Goodman Group: Global industrial and logistics property developer with UK operations developing business parks and logistics facilities. Targets similar institutional capital and occupier segments as Tungsten, including major e-commerce and retail distribution customers.
• Prologis UK: Global logistics real estate developer with substantial UK operations developing and owning distribution centers. Competes for similar occupier relationships and motorway-adjacent land, though at significantly greater scale and with a global capital base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/tungsten-propertiesltd

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tungsten Properties