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The Isle of Man Ship Registry, which celebrates its 25th anniversary this year, has announced the addition of the “Caly Manx”, a £21.7 million bulk carrier, to its fleet.

Gallan Group has completed the first phase of its £20m Gallan Park mixed-use scheme on Watling Street, Cannock – a 70,000 sq ft industrial warehouse pre-let to Rhenus Logistics.

According to Savills’ latest European Logistics survey rents have declined six per cent in prime properties and seven per cent in secondary warehouses year-on-year.

Swedish medi-tech company Sandvik has secured a 15-year multi-million pound deal for a 112,000 sq ft orthopaedic implant and instrument production and distribution facility at JF Finnegan’s Beighton Link Business Park in South Yorkshire.