While take up of space in terms of square footage transacted is up 15 per cent compared with the same period last year, the number of deals completed fell by 17 per cent and 33 per cent on an annual and quarterly basis respectively, indicating a degree of Brexit-related nervousness among many occupiers.
Hörmann has been awarded a £1m contract to deliver, install, and service loading bay doors for St Modwen Industrial & Logistics across 16 sites across the UK.
A 538,280 sq ft distribution warehouse built to suit for DHL has been put on the investment market for more than £61 million.
UK technology distributor Westcoast Holdings has taken a 341,871 sq ft warehouse at Andover Business Park in Hampshire.
Commercial property developer Sterling Capitol has won planning for a 190,000 sq ft extension to its Capitol Park Barnsley in South Yorkshire.
Developer Roxhill has secured approval from the Secretary of State for its 5 million sq ft strategic rail freight terminal in Northamptonshire.
Warrington Council has snapped up a 377,000 sq ft warehouse let to healthcare logistics service company Movianto on a 15 year lease at a yield of sub 5 per cent.
Barberry Developments is developing a £9.8 million, 72,000 sq ft, speculative warehouse unit at the site of a former DIY store in Northamptonshire.
Baytree Logistics Properties has secured a strategic development site in the City of Magdeburg, central Germany, on behalf of clients of AXA Investment Managers – Real Assets (AXA – IMRA).
Glenny, Strettons and DTRE have been appointed joint agents on SEGRO’s speculative industrial development near White Hart Lane in Tottenham, North London.
