Liza Helps discovers that there is still a north-south divide for the suppliers of logistics property.
Browsing: Property
Wells & Young’s Brewing Company has opened a brand new £10m green distribution centre in Bedford a mere 22 weeks after construction began.
Developer Wilson Bowden has secured planning for a 12-acre speculative development totalling 111,000 sq ft, with a fourth unit of 70,000 sq ft available on a design-and-build basis at its £350m Kingsway development near Rochdale.
Stationery supplier Staples has taken a 245,000 sq ft warehouse situated adjacent to Watford Gap services in Northamptonshire.
Craigard Investments has sold the 370,000 sq ft former Eurospace furniture warehouse in Sherburn-in-Elmet, Yorkshire for £15m.
Developer Highcross has secured a 37-acre industrial site on the Old Dalby Trading Estate near Melton Mowbray for £14.
Kenmore has completed the refurbishment of a 180,000 sq ft warehouse at the 530,000 sq ft South Wales Distribution Centre at Kenfig.
A plethora of large second-hand sheds coming onto the market could be a occupier’s dream, and this is likely to be the more so following the Chancellor’s Budget in March.
Packaging and logistics company Benchmark Promotional Support Services has taken a 180,000 sq ft warehouse at MEPC’s Hillington Park, Glasgow on a ten year lease.
Leading contractors and suppliers specialising in warehouse construction and fittings, have warned that inflation-busting rises in raw materials and utilities are forcing costs to rise well ahead of inflation.
