Monday 21st Oct 2019 - Logistics Manager Magazine

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Speculative shed for Nuneaton

ProLogis is now on site at Bermuda Park, Nuneaton with a 28,180sq m speculative distribution warehouse.

Cost cuts lead to closures

Belgian group Interbrew says a need to cut distribution costs has led the decision to close Boddington's brewery in Manchester, although it will continue cask production in the city.

Stockport sites sold

GVA Grimley has negotiated the sale of units 10/11 and A - D Bramhall Industrial Estate in Stockport to private clients of David Rose for nearly £1.5M, reflecting a 7.43% NI yield. The property comprises 2,242sq m of modern industrial accommodation

Retail opts for high-bay distribution centres

Distribution property specialist is project managing the construction and fit-out of a new 25,000sq m high-bay distribution centre in Walsall for 'off-price' retailer TK Maxx, and acting as tenant's agent for the completion of a 7,200sq m ex

Bakery picks Europort for latest facility

Warburtons has acquired a site at Tuscany Park Wakefield Europort from AMEC Developments for the construction of new 'super' bakery. The company has received detailed planning consent and is currently constructing the new unit on the 13-acre site.

Parcels hub open for business

Express delivery giant TNT has opened a new £8.2M purpose-built facility in Birmingham. Handling tens of thousands of parcels and packages each week, the state-of-the-art depot at Network Park, Saltley, provides a vital strategic link for the deliv

Property firms extend distribution portfolios

Westway Industrial and Distribution Park in Renfrew, Glasgow has been sold by Prestbury WestCoast for £46M to a special purpose vehicle established by Moorfield Group, Halifax Bank of Scotland subsidiary Uberior Investments, and Westbrook Partne

Corby gets cross-docked shed

Rosemound Developments, the specialist distribution developer half-owned by HBoS, is developing a 46,500sq m cross-docked warehouse at Corby in conjunction with Standard Life Investment.

Developer scores seven at trafford park!

Brixton has completed seven new lettings at Trafford Park, Manchester totalling 2,380sq m following the acquisition of the property in March of this year. On average these lettings are 12% above the valuer's ERVs at acquisition.

Stoke emerging as major logistics hub

The first phase of ProLogis' speculative warehouse development at the former Michelin Tyre factory at Campbell Road, Stoke-on-Trent is under way. The first unit, DC1, measures 23,250sq m and will be extendable to 46,500sq m.