A speculative boom means occupiers are set to be spoilt for choice, however there is a sting in the tail. Liza Helps reports on the latest “gold rush”.
Browsing: Property
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.
A further 27 acres of the former Denby Hall Colliery site in Derbyshire is to be developed for warehousing.
A project manager is only going to ask for decisions to be made – so why bother? Liza Helps gets the answers….
Three retailers have put forward proposals for individual megasheds upwards of 650,000 sq ft each around the country as they put in place supply chain systems to deal with growing consumer demand.
Kaycee Estates, advised by Perland Properties, has acquired two newly completed 212,500 sq ft distribution warehouses at Max Park, Corby from Standard Life.
The Metal Centre has taken SJS Property Management’s 234,000 sq ft warehouse on Western Way, Bilston.
Knight Frank is to market Slough Estate’s 225,400 sq ft Meteor Park scheme in Birmingham in conjunction with DTZ Debenham Tie Leung.
Miller Birch has celebrated the topping-out of Langley 255, the 255,000 sq ft (23,690 sq m) high specification distribution property at @ccess 26, Langley Mill, Derbyshire, the firm’s 30-acre industrial and distribution development.
Strategic land supply is a key problem in Scotland but there are encouraging signs of developer interest, reports Charlie Jacoby.
