The amount of speculative warehouse development is growing apace – but will supply dry up as quickly as it came? Liza Helps takes a closer look.
Browsing: Property
Developers TRE (Belvedere) and DMI Properties are due to submit plans for a 230,000 sq ft warehouse scheme on a 13-acre site in Erith, Kent to be known as Alchemy Park.
Waverley TBS, a subsidiary of Scottish and Newcastle, has taken a 34,500 sq ft warehouse on a 15-year lease at Quadrant Estate’s 134,000 sq ft Ropemaker Park in Hailsham, East Sussex.
Gladman Developments has started work on a £28 million, 525,000 sq ft speculative industrial and distribution scheme at Drum Industrial Estate in Chester-le-Street, County Durham.
Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development to sustain the economy.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
Developer Gazeley is set to build the Midlands’ biggest ever speculative warehouse.
Thysen Krupp Materials has taken 13,669 sq ft of warehouse and storage space at Denton Parkway Business Park at more than £6 psf for a seven-year lease.
Liza Helps investigates the resurgence of Manchester as a logistics hot spot for developers.
Construction company AJ Morrisroe has paid £1m for a 2.
