Freight volumes are rising, but as the roads near capacity more and more companies rae turning to rail. Lucy Tesseras talks to industry insiders about the increased interest in rail-connected property and the environmental benefits it can provide.
Browsing: Property
Plans for a £48 million business park in Lancashire comprising 680,000 sq ft of mixed-use employment space, including large industrial units of up to 400,000 sq ft, have been given the go-ahead by Burnley Council.
A public inquiry into the development of a rail freight terminal at St Albans has been set for early October.
3663 First for Foodservice has opened its £17.6m 120,000 sq ft multi-temperature distribution depot in Paddock Wood, Kent. It constructed the depot on the site of the town’s former Whirlpool warehouse, which burnt down four years ago.
Marks & Spencer has taken a 382,000 sq ft warehouse at ProLogis Park Stoke. Jason Keegan, head of general merchandise logistics at Marks & Spencer, said: “Our relocation to a new site in Stoke-on-Trent will give us even greater flexibility and efficiency
F&C REIT Asset Management has let the 27,764 sq ft Unit B warehouse at Hemel Gateway, Hemel Hempstead to photographic and medical diagnostic imaging company Photologic at a rent of £7.25 per sq ft.
Clean Linen Services has paid Standard Life Investments £1.
Developer ProLogis has announced that all newly developed UK build-to-suit warehouse buildings will be certified Carbon Neutral.
Campaigners against the development of a distribution centre in Hartland Park in Farnborough are taking the government to the High Court for overturning the decision by local councillors to refuse planning permission.
One World Logistics has decided to diversify its business model into commercial property.
