Thales Properties has let its 35,230 sq ft light industrial warehouse known as Silver Key in Erith, Kent, to electrical equipment manufacturer WT Henleyon an 11 year lease at a rent of £245,000 a year.
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Space Property and Legal & General have started work on a 178,140 sq ft scheme at Charles Park, the joint venture’s £30 million speculative industrial/ business development at Crossways Business Park, Dartford, Kent.
Developer Brixton has finally secured planning permission for the UK’s first multi-storey warehouse.
One in four Local Planning Authorities restrict the development of logistics property, according to new research published by NAI Fuller Peiser. This is despite the fact that logistics is one of the fastest growing sectors of the UK economy.
Direct UK has expanded its operation at Heywood Distribution Park.
Chartered surveyor Sanderson Weatherall has increased its presence in the industrial property market with the appointment of Jonathan Simpson to its office on Teesside and Andrew Carphin to its Newcastle office.
Bedford-based independent brewer Charles Wells has selected Gazeley’s G.Park Bedford as the location of its new national distribution hub.
It looks like occupiers are in for a shock; a combination of factors will see rents rise in the North West. Liza Helps reports.
Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.
Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.
