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Interlink Express has taken the National Grid’s 28,972 sq ft warehouse on Malago Estate, Bedminster Road, Bristol on a three year lease at a rent of £2.50 per sq ft.

A new 157,500 sq ft warehouse is due for completion at the end of July.

Work has started on a 120,000 sq ft speculative warehouse at Prudential’s The Hub scheme in Birmingham.

Christian Salvesen has reported a slip in underlying operating profit from £20.7m to £18.1m despite a 10 per cent increase in sales.