Browsing: Property

The government has outlined the methods it will use to crack down on those landlords/owners of empty warehouses who try to avoid paying rates claiming that the properties are uninhabitable, in its consultation paper Modernising Empty Property Relief.

Distribution warehouse roofs could be a valuable source of power in the future according to Tim Western of King Sturge.

The level of new speculatively built logistics space available in units over 100,000 sq ft has continued to increase in 2007 according to King Sturge’s latest floor space report.

SEGRO is expecting to break the £6 per sq ft rent barrier with the first speculative phase of its Meteor Park development in Aston, Birmingham.

Fresh fish and seafood product company Cumbrian Holdings has taken a 125,000 sq ft unit built by Grantside at Foxcover Industrial Estate at Seaham in County Durham at a rent of £4.75 per sq ft.

Express parcel deliveries, postal and courier company Geopost UK has taken a lease of a 40,650 sq ft unit at Tannochside Drive, Tannochside Park, Uddingston from Keiller Edinburgh.