Rosemound Developments, the specialist distribution developer half-owned by HBoS, is developing a 46,500sq m cross-docked warehouse at Corby in conjunction with Standard Life Investment.
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European logistics property developer Gazeley has received
Brixton has completed seven new lettings at Trafford Park, Manchester totalling 2,380sq m following the acquisition of the property in March of this year. On average these lettings are 12% above the valuer’s ERVs at acquisition.
The first phase of ProLogis’ speculative warehouse development at the former Michelin Tyre factory at Campbell Road, Stoke-on-Trent is under way. The first unit, DC1, measures 23,250sq m and will be extendable to 46,500sq m.
The shortage of land supply and increasing costs of locating in the South-east and Midlands, along with growing concerns over the availability of labour, are driving occupiers to look further afield, dispersing the spread of distribution facilities throug
Innovate Logistics will complete the former British Coal site’s redevelopment after purchasing the last plot of land. Bassetlaw District Council has granted planning permission for Innovate Logistics and GMI Property Company to develop a 13,020sq m
Property developer Gazeley has bought a major new development site in Sheffield. The site was purchased from Corus and Outokumpo Stainless, which retains ownership of the adjacent site.
NYK Logistics (UK) Consumer & Retail, formerly New Wave Logistics, has invested in a new warehouse at Avonmouth. The £170,000 project provides the company, which is part of the NYK Logistics group, with 5,110sq m of storage space, including 465sq m of rac
Asda Property and Cirrus Property have announced the latest letting at Harbourgate Business Park in Portsmouth. Space Maker Self Storage is leasing Unit 2 at a rental of £7.50 per sq ft for a 12-year term for 2,201 sq m.
Brixton has sold 50% of its interest in two major Heathrow estates to Prudential Life Assurance for £108.9M. The two holdings concerned areAxis Park at Langley and Heathrow Corporate Park (HCP).
