Despite its position on the periphery of Europe the UK is one of the largest logistics markets in Europe with some 150 million sq m of warehouse stock. Thanks to confidence by developers in the speculative building market, coupled with an appetite by reta
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Wells & Young’s Brewing Company has opened a brand new £10m green distribution centre in Bedford a mere 22 weeks after construction began.
Developer Wilson Bowden has secured planning for a 12-acre speculative development totalling 111,000 sq ft, with a fourth unit of 70,000 sq ft available on a design-and-build basis at its £350m Kingsway development near Rochdale.
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.
Family run Children’s nursery supplier Kiddicare is moving its entire warehouse, distribution and retail outlet operations to a new £12 million site in the heart of Peterborough.
