Are sale and leasebacks a sign of trouble or good financial planning? Liza Helps investigates.
Browsing: Property
Whirlpool UK has taken a 10 year lease on Magnitude the 22,899 sq m (246,485 sq ft ) warehouse built by The Meteor Industrial Partnership, a joint venture between Legal & General and Astral Developments in Aylesford, Kent.
A further 27 acres of the former Denby Hall Colliery site in Derbyshire is to be developed for warehousing.
A project manager is only going to ask for decisions to be made – so why bother? Liza Helps gets the answers….
Three retailers have put forward proposals for individual megasheds upwards of 650,000 sq ft each around the country as they put in place supply chain systems to deal with growing consumer demand.
Kaycee Estates, advised by Perland Properties, has acquired two newly completed 212,500 sq ft distribution warehouses at Max Park, Corby from Standard Life.
The Metal Centre has taken SJS Property Management’s 234,000 sq ft warehouse on Western Way, Bilston.
Knight Frank is to market Slough Estate’s 225,400 sq ft Meteor Park scheme in Birmingham in conjunction with DTZ Debenham Tie Leung.
Miller Birch has celebrated the topping-out of Langley 255, the 255,000 sq ft (23,690 sq m) high specification distribution property at @ccess 26, Langley Mill, Derbyshire, the firm’s 30-acre industrial and distribution development.
Strategic land supply is a key problem in Scotland but there are encouraging signs of developer interest, reports Charlie Jacoby.
