Food-packaging manufacturer Scholle Europe has taken REIT Asset Management’s 40,517 sq ft warehouse at the Follingsby Park warehousing development in Gateshead on a ten-year lease with a five-year break, at a rent equivalent to £209,230 per year.
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PPG Land has secured two detailed planning consents on its Link 62 development near Wakefield, West Yorkshire.
The amount 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.
John Good Shipping has taken Units 3, 4 and 5 totalling 38,295 sq ft in Block D at Orwell Terminal on Walton Avenue, Felixstowe on a 15 year lease at a rent of £4.25 per sq ft from landlord RREEF advised by Atisreal.
Stoford Developments has started building work on a speculative distribution scheme in Yorkshire after being buoyed by the successful completion of a similar development in the East Midlands.
Space is being snapped up in the East Midlands. Liza Helps, checks out what is left on offer…
Sants Pharmaceutical Distributors, part of The Co-operative Group, has pre-let a 190,000 sq ft warehouse in Stoke on Trent.
The battlle to secure planning for big sheds in the South continues… Liza Helps reports on the latest moves
Parcel delivery company City Link has taken a sub-lease on a modern warehouse at Silverstone Drive, Gallagher Business Park in Coventry from STP Group.
Despite rumours to the contrary occupiers could find that securing space in Greater Manchester is harder than they think. Liza Helps investigates.
