Browsing: Property

Tesco plans to develop 500,000 sq ft of regional distribution facilities in Essex after exchanging contracts with the London Development Agency to buy the freehold of 35.2-acres at Beam Reach 5 in Rainham.

The 41,250 sq ft former Rank Hovis McDougall premises on Bermuda Park in Nuneaton, Warwickshire has been let to Ralph Coleman International on a new ten-year lease at a headline rent of £176,500 a year equating to £4.28 per sq ft.

With no speculative development currently in the pipeline, is renewed interest being given to good quality second-hand stock? Lucy Tesseras investigates.

Developer Muse has started what is believed to be the first speculative big shed development in the country for nearly a year with its proposal for two warehouses of 92,000 sq ft and 67,000 sq ft on Plot F at its Eurocentral scheme in Scotland.