One in four Local Planning Authorities restrict the development of logistics property, according to new research published by NAI Fuller Peiser. This is despite the fact that logistics is one of the fastest growing sectors of the UK economy.
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Direct UK has expanded its operation at Heywood Distribution Park.
Chartered surveyor Sanderson Weatherall has increased its presence in the industrial property market with the appointment of Jonathan Simpson to its office on Teesside and Andrew Carphin to its Newcastle office.
Bedford-based independent brewer Charles Wells has selected Gazeley’s G.Park Bedford as the location of its new national distribution hub.
It looks like occupiers are in for a shock; a combination of factors will see rents rise in the North West. Liza Helps reports.
Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.
Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.
Nippon Express (UK) has secured a 15-year lease on a 124,800 sq ft warehouse in Hayes close to Heathrow.
Whirlpool UK has taken a 10 year lease on Magnitude the 22,899 sq m (246,485 sq ft ) warehouse built by The Meteor Industrial Partnership, a joint venture between Legal & General and Astral Developments in Aylesford, Kent.
Earlier this year Gladman Developments acquired a 33.5 acre site at J4 M8 Distribution Park near Livingston and announced plans to build Scotland’s largest speculative distribution warehouse development.
