Brixton Estates has been on a buying spree. It has bought the British Airways Regional Cargo Building at Green Lane, Hounslow, and the Circle South Industrial Estate at Wharfside Way, Trafford Park, Manchester.
Browsing: Property
Four industrial agents are the lucky winners of a range of hi-tech prizes in a competition run by IM Properties as a marketing initiative for the Aspect Development at West Moor Park in Doncaster.
Slough Estates, new owner of Heywood Distribution Park near Manchester, is to build speculatively there.
Shepherd Developments and Eden Park Developments, have selected placed a contract with Clegg Construction to speculatively build a 3,800 sq m (41,000sq ft) industrial/warehouse building with 8m eaves.
Pavers Shoes, a York based family-owned business founded in 1971, is set to double in size thanks to the completion of a new £3.5m distribution centre in Upper Poppleton, near York.
ProLogis has signed new lease agreements totalling approximately 900,000 sq ft of space in the United Kingdom.
Structural steel costs are predicted to increase by around 8-10 per cent this year, which is likely to lead to an increase in rent levels for new buildings.
“We are a polluter,” said Ken Hall, vice president of Prologis told delegates. “We recognise that we have a responsibility.” Prologis along with other leading developers, has been developing more environmentally friendly warehouses.
NAI Fuller Peiser and the Freight Transport Association’s latest research into the Road Transport Directive – the part of the Working Time Directive aimed specifically at the logistics sector – has revealed that its predictions last year are coming true.
United Utilities has replaced Arrowcroft with Gazeley as preferred developer at its 65,030 sq m (700,000 sq ft) Axis Park scheme in Liverpool.
