Henry Boot's property development business, HBD, has secured a £53.8 million deal with Oxenwood Real Estate, the UK and European real estate investment management firm, to forward-fund a 426,464 sq. ft. logistics development in Nottingham. The forward funding partnership is with Oxenwood Logistics Fund 1 SLP, a discretionary fund managed by Oxenwood Real Estate LLP. New Horizon is a landmark 28-acre site, which was formerly home to Imperial Tobacco. The deal will see the development of seven industrial units from 30,000 sq. ft. to 145,000 sq. ft. on a speculative basis and is capable of creating up to 1,000 new jobs for the city.