While Europe has seen a downshift in production, its economies have become increasingly consumption oriented, boosting distribution activity. Most goods are transported by truck, but the costs of road transport are rising due to spiralling wage costs and
Browsing: Property
Stoford Developments has bought a 10-acre site at Measham on junction 11 of the M42 motorway from Leicestershire County Council where it intends to build a 140,000 sq ft warehouse.
Liza Helps discovers that there is still a north-south divide for the suppliers of logistics property.
Despite its position on the periphery of Europe the UK is one of the largest logistics markets in Europe with some 150 million sq m of warehouse stock. Thanks to confidence by developers in the speculative building market, coupled with an appetite by reta
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.