Browsing: Property

Steel prices set to rise

Structural steel costs are predicted to increase by around 8-10 per cent this year, which is likely to lead to an increase in rent levels for new buildings.

Green sheds

“We are a polluter,” said Ken Hall, vice president of Prologis told delegates. “We recognise that we have a responsibility.” Prologis along with other leading developers, has been developing more environmentally friendly warehouses.

Working time directive – one year on

NAI Fuller Peiser and the Freight Transport Association’s latest research into the Road Transport Directive – the part of the Working Time Directive aimed specifically at the logistics sector – has revealed that its predictions last year are coming true.

New developer for Axis Park

United Utilities has replaced Arrowcroft with Gazeley as preferred developer at its 65,030 sq m (700,000 sq ft) Axis Park scheme in Liverpool.

Meteor in the Midlands

Slough Estates has revealed plans for a £20m redevelopment of a 10.5 acre site in Nechells, West Midlands.

Rosemound responds to shift in the market

Following a change in market demand and industrial requirements in the North West, Rosemound Developments has announced that its Pioneer Point building will now offer occupiers the option of a sub-division of the building,

UTi Worldwide expands in Kent

The UK division of logistics company UTi Worldwide has taken a sub-lease on Whatman International’s warehouse on the Larkfield Trading Estate, New Hythe Lane, Aylesford, Kent.

New owner for Union Quay scheme

Chelsea (General Partner), the joint venture company between Chancerygate and clients of Insight Investment, has sold the Union Quay warehouse on Clayton Road, Hayes in Middlesex to Property and Management Services for £6.756m.

Green sheds

“We are a polluter” said Ken Hall, vice president of Prologis, and “we recognise that we have a responsibility.”

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