Safety and workplace equipment supplier, Greenham (a Bunzl Company), has taken two units totalling 246,731 sq ft on a new ten-year lease at Kenmore’s recently refurbished South Wales distribution centre on the Kenfig Industrial Estate, near Bridgend.
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Peel, advised by Indigo Planning, has received the go-ahead from Salford Council for Port Salford, a £400 million multi-modal freight exchange for Greater Manchester.
Gazeley and architects Chetwoods have been awarded the Best Sustainable Development prize at the 2009 LEAF Awards for their speculative development at G.Park Blue Planet, Chatterley Valley.
Clothing wholesale company Boi Trading has paid in the region of £2m for Whitbread’s 120,000 sq ft former distribution facility at Ordsall Riverside, Salford, Manchester.
There is now some 106 million sq ft of available warehousing in the UK equating to 17.3 per cent of national stock.
According to Savills’ latest European Logistics survey rents have declined six per cent in prime properties and seven per cent in secondary warehouses year-on-year.
Swedish medi-tech company Sandvik has secured a 15-year multi-million pound deal for a 112,000 sq ft orthopaedic implant and instrument production and distribution facility at JF Finnegan’s Beighton Link Business Park in South Yorkshire.
Bicycle and car parts retailer Halfords is to take a new 320,000 sq ft purpose-built distribution centre in Keresley Park, Coventry as part of its reorganisation plans for the distribution network in 2010.
Property agents across the country are reporting an increase in the number of companies enquiring about space for logistics for the first time in a year.
Enquiries are on the up, but the thought that occupiers could turn and flee again must be too dreadful to bear, says LIZA HELPS.
