Browsing: Property

UK average prime rents have reached £7.40 per sq ft, up 1.8 per cent year-on-year according to the latest research by Colliers CRE.

James Timms Transport has taken a 62,500 sq ft distribution and storage building at St Modwen’s 24-acre Quedgeley East estate, Glouceste, on a three-year lease at rent of £124,000 a year.

Gladman Developments has completed the main phase of construction on two distribution warehouses of 140,000 sq ft (G-Space 140) and 58,000 sq ft (G-Space 60) on a 12.11-acre site at Saxham Business Park, near Bury St Edmunds, Suffolk.

Glass merchant and manufacturer Ultra Tough has taken a 15-year lease at a rent of over £600,000 a year, for 102,219 sq ft of space at Falcon Property Trust’s Capital Connect warehouse in Welham Green.

Developer HelioSlough has completed a 120,000 sq ft warehouse at Buckshaw Link in Chorley representing Phase One of its joint development with CBRE Investors.

A consortium of public sector organisations, including the City of Edinburgh Council, Midlothian Council, East Lothian Council and NHS Lothian have joined forces and agreed terms with J Smart & Co and the Walker Group Scotland to pre-let 25,000 sq ft ware

Transport company CM Downton has secured a design and build contract with St Modwen to build a 102,000 sq ft distribution warehouse at the 32-acre Quedgeley West Business Park, Gloucester.