Gazeley has started construction on two developments in Europe totaling 38,000 sq m.
Browsing: Property
Tesco has won planning permission for a 113,021 sq ft home delivery warehouse in Greenford
Fashion retailer River Island has signed a contract with Buckingham Group Contracting to construct its new distribution centre.
Lancashire-based discount specialist B&M Retail has bought Rockpoint’s 618,839 sq ft The Vault facility at Liverpool International Business Park.
Trinity College Cambridge has submitted plans for a 326 acre extension to Trinity Distribution Park which adjoins the Felixstowe Port area
The recession has left the Staffordshire area with a surplus of large warehouses and distribution hubs trying to find occupiers, according to the Annual Review by Instaffs, the inward investment agency.
The latest construction survey says the construction of factories and warehouses is expected to fall almost 60 per cent between 2007 and 2010.
Sunlight Group has taken 48,000 sq ft in three warehouse/ industrial units at C1 Trade Park, part of the Aberaman Industrial Estate near Aberdare, on a ten-year lease at a stepped rent rising to £110,000 in the fourth year.
Developer ProLogis has racked up lettings on existing built space totalling more than one million sq ft across four schemes in the last two months.
With no speculative development in sight and a plethora of deals going down Liza Helps investigates how real the prospect is of a warehouse shortage.
