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.
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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.
Bicycle and car parts retailer Halfords is to take a new 320,000 sq ft purpose-built distribution centre in Keresley Park, Coventry as part of its reorganisation plans for the distribution network in 2010.
Property agents across the country are reporting an increase in the number of companies enquiring about space for logistics for the first time in a year.
The shortlist for the Industrial Agents Society Awards 2009 has been revealed.
Redhead International has joined forces with Cosco Logistics UK to provide European-wide distribution services for companies importing goods from China.
British Gas has presented Knapp with an award for “bringing out the best in each other”.
The latest battery technology is being used to power the world’s first personal rapid transit system which has just started operational testing at Heathrow.
The Technology Strategy Board is to launch a competition aimed at finding ways to move goods more intelligently.
