Research has shown that logistics is core to the economy – but try telling that to the planners. Liza Helps takes a closer look at the problem.
Browsing: Property
While Europe has seen a downshift in production, its economies have become increasingly consumption oriented, boosting distribution activity. Most goods are transported by truck, but the costs of road transport are rising due to spiralling wage costs and
Stoford Developments has bought a 10-acre site at Measham on junction 11 of the M42 motorway from Leicestershire County Council where it intends to build a 140,000 sq ft warehouse.
Liza Helps discovers that there is still a north-south divide for the suppliers of logistics property.
Despite its position on the periphery of Europe the UK is one of the largest logistics markets in Europe with some 150 million sq m of warehouse stock. Thanks to confidence by developers in the speculative building market, coupled with an appetite by reta
Wells & Young’s Brewing Company has opened a brand new £10m green distribution centre in Bedford a mere 22 weeks after construction began.
Developer Wilson Bowden has secured planning for a 12-acre speculative development totalling 111,000 sq ft, with a fourth unit of 70,000 sq ft available on a design-and-build basis at its £350m Kingsway development near Rochdale.
Stationery supplier Staples has taken a 245,000 sq ft warehouse situated adjacent to Watford Gap services in Northamptonshire.
Leather goods supplier GH Stafford has paid £2.5 million for a 45,000 sq ft warehouse at St Modwen’s Walsall Enterprise Park near Birmingham.
Outline consent has been granted to PPG Land for a 135,000 sq ft warehouse at its 10 acre Point Five site at Walker Park in Blackburn, Lancashire.
