Browsing: Property

Pallet Track has taken a five year lease, with the option of a further five years, on Titan 10, a new 267,290 sq ft warehouse on Millfields Road in Bilston.

Parcel delivery company City Link has taken a 10 year sub-lease on a 42,125 sq ft warehouse at Silverstone Drive, Gallagher Business Park in Coventry

Sheffield based timber merchant Arnold Laver has acquired CNC Investments’ 40,000 sq ft warehouse at 124 New Road, Rainham, Essex.

Grantham Book Services has moved its entire distribution and client services to a 350,000 sq ft distribution centre in Grantham previously occupied by TDG.

The government’s decision to scrap rate relief on empty industrial property and phase out the Industrial Buildings Allowance is likely to be “damaging” to the logistics industry, according to UKWA chairman Derrick Potter.

According to Colliers CRE’s Len Rosso industrial land prices will continue to fall this year.

Fashion retailer H&M, Hennes & Mauritz, has leased Brixton’s 86,182 sq ft Unit 1 at Greenford Park in West London.