News | FI Real Estate Management

Introducing Parcel Lockers to Our Property Portfolio

Written by Louise Mason | Oct 4, 2023 7:30:00 AM

We have introduced parcel lockers at 11 sites across our UK portfolio with a further four to follow, as part of a partnership with LockerQuest.

 

A mix of consumer and business parcel lockers are now available for Amazon, InPost and ByBox at our locations including North Point Shopping Centre in Hull and Drayton Manor Business Park in Tamworth.

 

A total of 280 locker compartments are available to support online shoppers at six of our retail and office locations.

 

Meanwhile, the number of ByBox business lockers - used by field service engineers for collecting the parts they need for daily calls - will reach 73 metres in length when roll out is complete across our office and industrial park sites.

 

Our partnership with LockerQuest comes amidst increased demand for parcel lockers nationally, driven by the growth in online retail and the convenience they offer national businesses with a local presence.

 

The use of parcel lockers as an alternative to at-home deliveries can reduce carbon emissions by up to two thirds according to the most recent Green Last Mile Europe report.

 

Tim Knowles, Managing Director of FI Real Estate Management, commented: “Partnering with LockerQuest is part of a wider strategic plan to enhance our nationwide network of property assets with easily accessible, secure and flexible solutions.

 

“The demand for parcel lockers in the UK is growing, with over 15,000 lockers already installed across the UK. We want to offer our tenants, shoppers and the communities we serve with the extra convenience presented by parcel lockers. We’re pleased to be providing a range of both consumer and commercial lockers across 15 FIREM sites this year.”

 

Jonathan White, CEO of LockerQuest, added: “Our new partnership with property company, FI Real Estate Management, sees multiple locker units, for both consumer and business use, situated close to local communities, town centres or highly-commutable industrial estates. This strategy ensures that the presence of lockers, including Amazon, InPost and ByBox will be as convenient as possible to those living and working in these areas. In addition, this method of collecting and returning goods is more beneficial to the environment, significantly reducing carbon emissions produced within the delivery sector.”