Occupiers looking for space north of the border could soon be spoilt for choice. Liza helps investigates.
Browsing: Property
Developer ProLogis has submitted outline plans for 1.
The amount of speculative warehouse development is growing apace – but will supply dry up as quickly as it came? Liza Helps takes a closer look.
Developers TRE (Belvedere) and DMI Properties are due to submit plans for a 230,000 sq ft warehouse scheme on a 13-acre site in Erith, Kent to be known as Alchemy Park.
Waverley TBS, a subsidiary of Scottish and Newcastle, has taken a 34,500 sq ft warehouse on a 15-year lease at Quadrant Estate’s 134,000 sq ft Ropemaker Park in Hailsham, East Sussex.
Gladman Developments has started work on a £28 million, 525,000 sq ft speculative industrial and distribution scheme at Drum Industrial Estate in Chester-le-Street, County Durham.
Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development to sustain the economy.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
Respironics has taken a 90,000 sq ft headquarters and distribution facility in Tangmere, Chichester.
Property agency M3 has expanded with the launch of a Sheffield office to be manned by former Atisreal director Roger Haworth and former Knight Frank director Toby Vernon.
