It looks like occupiers are in for a shock; a combination of factors will see rents rise in the North West. Liza Helps reports.
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Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.
Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.
Nippon Express (UK) has secured a 15-year lease on a 124,800 sq ft warehouse in Hayes close to Heathrow.
Are sale and leasebacks a sign of trouble or good financial planning? Liza Helps investigates.
Gladman Developments has got the green light to build a 361,205 sq ft speculative distribution warehouse near Runcorn, Cheshire.
Agents Atisreal and NAI Fuller Peiser are banking on a shortage of good quality warehousing in Bristol to boost the chances of a successful letting of the recently refurbished Coors building at Aztec West, Bristol.
Grahams Dairies has acquired 2.91 acres for a new depot to supply milk and other dairy products to Glasgow and the surrounding areas.
Thales Properties has let its 35,230 sq ft light industrial warehouse known as Silver Key in Erith, Kent, to electrical equipment manufacturer WT Henleyon an 11 year lease at a rent of £245,000 a year.
Space Property and Legal & General have started work on a 178,140 sq ft scheme at Charles Park, the joint venture’s £30 million speculative industrial/ business development at Crossways Business Park, Dartford, Kent.