Structural steel costs are predicted to increase by around 8-10 per cent this year, which is likely to lead to an increase in rent levels for new buildings.
Browsing: Property
“We are a polluter,” said Ken Hall, vice president of Prologis told delegates. “We recognise that we have a responsibility.” Prologis along with other leading developers, has been developing more environmentally friendly warehouses.
NAI Fuller Peiser and the Freight Transport Association’s latest research into the Road Transport Directive – the part of the Working Time Directive aimed specifically at the logistics sector – has revealed that its predictions last year are coming true.
United Utilities has replaced Arrowcroft with Gazeley as preferred developer at its 65,030 sq m (700,000 sq ft) Axis Park scheme in Liverpool.
“We are a polluter” said Ken Hall, vice president of Prologis, and “we recognise that we have a responsibility.”
Slough Estates has announced plans for a £20m speculative redevelopment of the 10.5 acre Nechells site close to Junction 6 of the M6 Motorway and the Heartlands Spine Road in the West Midlands.
New industrial development appears to be restrained despite exceptionally good economic conditions.
A planning application for a £140m warehouse and distribution park in Peterborough has been submitted by Gateway Partnership, a joint venture between Frenbury Properties and Simons Developments in partnership with Milton (Peterborough) Estate
Tesco and Sainsbury’s have secured major distribution warehouses in Scotland this month. Sainsbury’s finally got planning permission from Strathclyde Council for a 18,850 sq m (200,000 sq ft) plus shed and Tesco plumped for a massive new
St Modwen is seeking planning consent for a 139,350 sq m (1.5 million sq ft) scheme on a 40.47ha (100 acre) plot within the 242.81ha (600 acres) it acquired from Corus in 2004 for £17.5m at Llanarwen, Newport, South Wales.
