It looks like occupiers are in for a shock; a combination of factors will see rents rise in the North West. Liza Helps reports.
Browsing: Property
Available industrial floorspace rose by 4.3 per cent between December 2005 and June 2006, according to King Sturge ‘s latest UK Industrial & Distribution Floorspace report.
Charlie Jacoby heads west down the M4 but he reckons that the fabulous rents around the airport make Heathrow a contender for top warehouse location.
Nippon Express (UK) has secured a 15-year lease on a 124,800 sq ft warehouse in Hayes close to Heathrow.
Are sale and leasebacks a sign of trouble or good financial planning? Liza Helps investigates.
Gladman Developments has got the green light to build a 361,205 sq ft speculative distribution warehouse near Runcorn, Cheshire.
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.
Kaycee Estates, advised by Perland Properties, has acquired two newly completed 212,500 sq ft distribution warehouses at Max Park, Corby from Standard Life.
The Metal Centre has taken SJS Property Management’s 234,000 sq ft warehouse on Western Way, Bilston.
Knight Frank is to market Slough Estate’s 225,400 sq ft Meteor Park scheme in Birmingham in conjunction with DTZ Debenham Tie Leung.