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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.
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.
Family-owned kitchen and bathroom distributor Mark Two Distributors has taken on the newly refurbished 8,966sq m unit M1 on Moorfield Group’s Heywood Distribution Park in Greater Manchester as part of an on-going business expansion strategy.
Evans Property Group has announced that a further 37,200sq m of new speculative development will shortly be built at Fradley Park, its 300-acre distribution and warehouse centre on the A38 near Lichfield. Permission for three units of 9.300sq m, 4,
IMI Components has signed a 25-year lease at a rental of £5.50 per sq ft on a new 8,370sq m unit at Birmingham’s The Hub. It is the first tenant to take space at the development. Work has started on the state-of-the-art manufacturing facility and I
Knowsley Development Partnership (KDP) is building four new high quality industrial buildings at Knowsley Business Park. Three of the buildings have been pre-sold to local companies and the fourth, speculative building, is already under offer.
There is a general perception that business rates are set by local authorities and used to pay for local services. In fact, the rate poundages are set nationally, local authorities are mere collection agencies for the Central Government and rateable value
As at the middle of July, FPDSavills Research had identified 42 schemes that were in the development pipeline within the M25 northern sector, a market area that stretches from the M40 eastwards to the Thames and goes as far north as Stevenage.
Debenhams is not “Britain’s favourite department store” by accident. It is a demanding client with a clear view of what it wants from a supply chain that has the job of underpinning the company’s intention to open 50 new stores over the next ten years. It
The appetite for investment product in Edinburgh and Glasgow has remained ‘insatiable’ despite a severe lack of supply, according to property agent Knight Frank’s latest annual M8 Corridor Report. Both the Edinburgh and Glasgow investment markets
