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Shepherd Developments in conjunction with the Abtech Group has completed five warehouse and distribution units ranging from 15,000 sq ft to 40,000 sq ft at Access 63 on the outskirts of Selby in Yorkshire.
Savills has been appointed joint agent with Jones Lang LaSalle and Burbage Realty on Gazeley and Land Securities’ 3.4 million sq ft Magna Park in Milton Keynes.
Gazeley has agreed the purchase of a 21.26-acre site at Meir in Stoke-on-Trent from Johnson Matthey, a materials technology and chemicals company. Johnson Matthey was advised by CBRE. Gazeley was unrepresented.
King Sturge has been instructed by D1 Oils to dispose of its former bio-diesel complex on Wirral International Business Park, Bromborough.
There has been a sharp decline in overall commercial development, according to Savills’ latest construction survey. In May, around three times as many commercial developers (30 per cent) reported a reduction in total activity than those that signalled a r
Industrial land prices will continue to fall this year, according to the June Property Snapshot from Colliers CRE.
The choice of location is one of the keys in the battle to beat congestion, according to Gerald Eve’s latest Prime Logistics report.
Technological developments are also having an impact on the market. NFT’s David Frankish says: “Technology can provide further cost efficiencies and continue to enhance customer service. For example, we recently introduced Masternaut’s Three-X system, whi
Glenn Lindfield is adamant that maintaining service quality is a critical issue. “You can’t afford to reduce the quality of service.” In fact, he says: “Our service levels have risen since we created KN Drinks Logistics.”
Logistics networks went out of fashion 20 years ago as companies found that the higher service levels offered by dedicated solutions outweighed the higher costs. But, slowly, the market has been swinging back towards more collaborative ways of working tha
