Having just pulled out of one warehouse scheme owing to planning controversy, it looks like Tesco has ploughed straight into another.
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Martin Kidd, Brixton’s operations director – asset management, has decided to seek a fresh challenge outside the company after 22 years of service.
St Modwen has submitted plans to develop a 300,000 sq ft industrial scheme on the former car storage site at The Cofton Centre, Longbridge, Birmingham.
Property Information Packs that also include a certificate detailing the property’s energy efficiency – the commercial property equivalent to Home Information Packs – are to be introduced in October costing landlords thousands of pounds.
Gladman Developments has won planning permission for a speculative 215,000 sq ft industrial and distribution development, just off the A1 near Grantham in Lincolnshire.
Panasonic has agreed a £26.5m sale and leaseback with Macquarie Goodman.
One 20-acre plot remains at Express Park in Bridgwater capable of accommodating up to 420,000 sq ft in a single new building.
CB Richard Ellis has bought North West-based industrial specialist DGI Davis George.
Evans Property Group is planning to develop the remaining 170 acres at Fradley Park in Staffordshire.
Electrical retailer Maplin Electronics has taken a 196,000 sq ft warehouse at St Paul’s Developments’ Brookfields Park in Rotherham, South Yorkshire.
