Lambert Smith Hampton and CBRE are to market the site of the Mammoth warehouse, destroyed in the Buncefield explosion
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Data centre operator, Node4 has taken a 26,000 sq ft warehouse
Global transport and logistics company DSV Road has opened a new 55,000 sq ft bespoke facility
JF Finnegan has completed the final 100,000 sq ft phase of its 58-acre Sheffield Parkway Business Park
Property investor Industrial Securities has announced it has some £200m to invest
SCA Recycling has taken the 125,000 sq ft former Dixons Mastercare warehouse
The overall level of available industrial floor space across Great Britain has increased by 5.4 per cent
Atlas Ward has started work on a new £13 million multi-temperature depot in Paddock Wood for foodservice distributor 3663 First for Foodservice, replacing three existing sites.
The credit crunch has meant that the development pipeline for 2009 is virtually zero with static rents, rising construction costs, softening investment yields and a dearth of development funding all conspiring against developers.
According to Lambert Smith Hampton’s latest National Industrial & Distribution report, rents will drop dramatically by up to eight per cent this year and a further 3.8 per cent in 2010.
