The number of new warehouses being speculatively developed in the UK has fallen by a whopping 43 per cent, according to the latest King Sturge Industrial & Distribution Floorspace Today survey.
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Leeds-based developer Sterling Capitol is on schedule to deliver a 33,000 sq ft production unit at Capitol Park, Goole, for Drax Power Station early next year.
Two food distributors have taken space at Universal Consolidated Group’s Aurora building at Nursling near Southampton.
PPG Land, a subsidiary of Murray International Holdings, has secured two detailed planning consents on its Link 62 development near Wakefield, West Yorkshire.
Despite current market conditions and a perceived over-supply of space in Yorkshire, St Paul’s Developments has started work on two high quality industrial units of 21,260 and 23,620 sq ft at Smithy Wood Business Park located at Junction 35 of the M1
Gladman Developments has won planning permission for a £20 million, 317,859 sq ft industrial and distribution scheme at Wentworth Distribution Park, Tankersley, South Yorkshire.
Goodman has secured planning consent for its 400,000 sq ft facility at Centrum West in Burton-on-Trent, Staffordshire.
The Co-Op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1, to DHL.
Footwear distributor, Gardiner Bros. & Co (Leathers) has just acquired two distribution units totalling 30,212 sq ft at St Modwen’s 32-acre, Quedgeley West Business Park in Gloucester.
Leeds-based Northern Foods has snapped up the 135,000 sq ft former RCS warehouse on the Wakefield 41 Industrial Estate following the haulier’s demise earlier this year on a five-year lease.
