Browsing: Property

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.

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.

Strategic land supply is a key problem in Scotland but there are encouraging signs of developer interest, reports Charlie Jacoby.

The Barker Review of the UK’s planning system has just published its interim report. Andy Griffiths, deputy managing director of ProLogis Developments, highlights the key issues for the industry.

Catesby Property Group has recently acquired a five-acre site alongside the M6 and close to the centre of Birmingham on which it plans a £8 million distribution scheme. A detailed planning application for two 50,000 sq ft buildings has been submitted.

Development is underway again at Eurocentral, the giant distribution park that nestles conveniently between the M8 and the M74 on the eastern side of Glasgow.

Gazeley is to launch Felixstowe Portside – a “port-centric” logistics park development, supported by the Port of Felixstowe.

Prupim (Prudential Property Investment Managers) is set to announce the first tenant has taken a 100,000 sq ft warehouse at its Hub development in Birmingham.