Fashion retailer River Island has paid Gazeley and Land Securities in excess of £20m for the freehold of a 450,000 sq ft distribution centre at Magna Park, Milton Keynes.
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Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a ten-year lease at a rent of around £4.50 per sq ft.
A new industrial park is set to give a new lease of life to one of South Yorkshire’s historic 19th century pit-sites.
Lancashire-based strategic land company Ainscough-Johnston has acquired the 45-acre former Enersys site in Clifton, near Swinton in Salford.
ProLogis has “no exposure to empty rates legislation at the present time”, Robert Watson, chief executive of ProLogis European Properties, has told the company’s annual meeting. “Demand in the UK has been driven by internet and conventional retailers
Amazon has opened its 800,000 sq ft distribution facility in Swansea and has launched a huge recruitment drive to find some 1,000 staff.
Gazeley is believed to have acquired a 20 acre site in Stoke-on-Trent off junction 15 of the M6 motorway and is believed to be in the process of acquiring an 11 acre site off junction 3 of the M6 motorway in Nuneaton.
Developer Sterling Capitol has submitted a detailed planning application for two major distribution centres that could create over 1,000 new jobs in the Goole area.
The Big Blue Shed at Bellshill Industrial Estate in Lanarkshire, one of Scotland’s most prominent industrial buildings, is back on the market through King Sturge.
