The past six months has seen little, if no, change within the West of Scotland distribution and industrial property market. Few requirements have come to the market and those that have are from retail distribution companies looking for economic space on e
The project management of a new purpose-built 12,170sq m, 11m high warehouse for Pirelli UK Tyres has been completed by sbh.uk on time in just 28 weeks.
The Thames Gateway / A13 corridor continues to attract new occupiers, the latest being Securitas who has just acquired 5,580sq m on Ravenbourne Developments’ Thames Gateway Park at Dagenham.
Door and window technology manufacturer GEZE UK is relocating its head office from Chelmsford, Essex, to Fradley Park, the 300-acre distribution / warehouse and office scheme being developed on the A38 near Lichfield by Evans Property Group (EPG).
A 12.4 acre plot at Tewkesbury Business Park has been secured by St Modwen Developments in partnership with Stoford Developments. A large manufacturing and distribution centre is planned for the site.
The industrial park at Witton, Birmingham, has been sold, in an investment deal worth £26.5M, by IM Properties to Aberdeen Property Investors on behalf of the Barclays Bank UK Retirement Fund.
ProLogis has acquired a 48,632sq m facility at the Orebrö Distribution Center in the greater Stockholm area in Sweden.
Considerable expansion is planned at overnight palletised distribution network PalletFORCE’s central hub on Fradley Park Estate near Lichfield, Staffordshire.
The Government says it will not intervene in the planning decision concerning the latest expansion proposals for the DIRFT Logistics Park..
Property investment and active management specialist Ashtenne Holdings has paid £8M to buy a 51,150sq m logistics warehouse in Amersfoort, near Utrecht, in the Netherlands from Hays.