The expansion of the EU has brought new opportunities to northern Italy as the southern conduit between east and west. However, Italy”s neighbours to the east are providing stiff competition in terms of cost and are likely to continue to do so.
Browsing: Property
Express operator GeoPost has taken a lease of a 40,650 sq ft unit at Tannochside Park, Uddingston on the M74 south-east of Glasgow from Keiller Edinburgh.
North Rae Sanders has been instructed to let a 34,076 sq ft warehouse at Progress Close on the well-established Binley Industrial Estate, Coventry.
Such is the lack of opportunity that developers are willing to fly in the face of public opinion to secure big shed space according to Liza Helps.
Joint agents Lambert Smith Hampton and M3 are offering the Luton Distribution Centre on Sedgwick Road, Luton at a rent of £4.75 per sq ft.
Marks & Spencer has been tipped to build a 1 million sq ft distribution centre in Bradford, creating 2,500 jobs.
Hot on the heels of the news that St Modwen has sold the Antalis unit for nearly £2 million is the news that the company is developing a further 80,000 sq ft of speculative space at its 55 acre Access 18 scheme in Avonmouth.
Jones Lang LaSalle and White Commercial have been selected as joint agents for a 46,920 sq ft warehouse on Wildmere Road, Banbury.
National furniture retailer SCS has taken Unit 7002 at Graftongate and Legal & General’s Cross Point scheme in Coventry.
Home Retail Group has submitted a planning application to create a 750,000 sq ft distribution centre at AWG Property’s Gwent Euro Park.
