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RREEF and developer Rosemound have secured planning consent for a 194,000 sq ft speculative development comprising 26 units that could generate 450 jobs in West Thurrock.
Construction company AJ Morrisroe has paid £1m for a 2.
Thysen Krupp Materials has taken 13,669 sq ft of warehouse and storage space at Denton Parkway Business Park at more than £6 psf for a seven-year lease.
Developer Gazeley is set to build the Midlands’ biggest ever speculative warehouse.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development to sustain the economy.
Gladman Developments has started work on a £28 million, 525,000 sq ft speculative industrial and distribution scheme at Drum Industrial Estate in Chester-le-Street, County Durham.
Waverley TBS, a subsidiary of Scottish and Newcastle, has taken a 34,500 sq ft warehouse on a 15-year lease at Quadrant Estate’s 134,000 sq ft Ropemaker Park in Hailsham, East Sussex.
Developers TRE (Belvedere) and DMI Properties are due to submit plans for a 230,000 sq ft warehouse scheme on a 13-acre site in Erith, Kent to be known as Alchemy Park.
Developer ProLogis has submitted outline plans for 1.
