Browsing: Property

City Link has pre-let a new 38,000 sq ft distribution hub at Welsh Industrial Partnership’s £7.5m Olympus development on the Central Business Park on Swansea Vale on a 15-year lease.

Developers Chase Commercial and Hortons’ Developments have secured consent for a new 71,818 sq ft industrial warehouse on a four-acre site known as “Ashchurch 9” located next to the Ashchurch Parkway Railway station in Gloucester.

Warehouses in and around London Heathrow are still the most expensive in the world according to property consultant Cushman & Wakefield with rents averaging 185.03 Euros per sq m.

Bed maker and retailer Sleepmasters has secured Newbridge Capital’s 20,000 sq ft warehouse at Pen Y Fan Way, Oakdale in Caerphilly at a rent of £67,000 a year.

Shepherd Developments, in conjunction with the Abtech Group, has completed the development of Access 63 near Selby.

Standard Life Investments, landlord of Suttons Business Park in Reading, is taking a fresh approach to the marketing of the remaining available units by offering a range of incentives, with the aim of fully letting the park in 2009.

There are some desperate land lords and owners out there, but there are few clues to say who is holding the weakest hand. LIZA HELPS shuffles the cards.