Property agent Lambert Smith Hampton is predicting rent rises in the logistics sector of up to 10 per cent in the coming year.
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More than a quarter of all new distribution warehouse construction is taking place in just two markets – the East and West Midlands, according to research by ProLogis and King Sturge.
Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
Eight developers battled it out to secure an 18.
Ravenbourne and Standard Life are hoping to cash in on the Olympics with the development of a third phase at Thames Gateway Park in Dagenham, Essex.
Food industry logistics specialist Atchison Topeka has agreed a 130,000 sq ft pre-let at Stoford Development’s 80-acre Stonebridge Cross in Droitwich Spa, Worcestershire.
Independent Papers, advised by Savills, has bought the 15,000 sq ft Unit C, Interlink Park, Bardon, Leicester from Wilson Bowden on a 15-year lease at a rent of £5.
Developer Frontier Estates has paid £340,000 an acre for the final plot at Parlison Properties’ A1M1 Link scheme in Northampton.
Adidas has taken a 360,000 sq ft national distribution centre and headquarters in Trafford Park, Manchester.
Occupiers looking for space north of the border could soon be spoilt for choice. Liza helps investigates.
