There may not be many opportunities for big shed occupiers along the eastern M4 corridor but Swindon is looking to buck the trend. Liza Helps reports.
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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
Tesco has confirmed that it is taking an 850,000 sq ft distribution depot near Goole from developer Sterling St James.
Research has shown that logistics is core to the economy – but try telling that to the planners. Liza Helps takes a closer look at the problem.
Leather goods supplier GH Stafford has paid £2.5 million for a 45,000 sq ft warehouse at St Modwen’s Walsall Enterprise Park near Birmingham.
Outline consent has been granted to PPG Land for a 135,000 sq ft warehouse at its 10 acre Point Five site at Walker Park in Blackburn, Lancashire.
Standard Life has submitted plans to rebuild the 142,000 sq ft former Iron Mountain warehouse, which was destroyed by fire at ProLogis Park Bow, London.
A vacant 150,000 sq ft distribution warehouse developed by St Modwen Properties and Prologis on Centre 38, Barton-under-Needwood, near Burton-on-Trent, has been sold for £9.5 million to investor Close Brothers.
The amount of available industrial floorspace in the UK is now at its highest since 1985 according to King Sturge’s latest Industrial Floorspace survey.
Pet product distributor Batleys is to open a 95,000 sq ft pet food warehouse at Gillingham, Kent.
