While Europe has seen a downshift in production, its economies have become increasingly consumption oriented, boosting distribution activity. Most goods are transported by truck, but the costs of road transport are rising due to spiralling wage costs and
Browsing: Property
Stoford Developments has bought a 10-acre site at Measham on junction 11 of the M42 motorway from Leicestershire County Council where it intends to build a 140,000 sq ft warehouse.
Liza Helps discovers that there is still a north-south divide for the suppliers of logistics property.
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
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.
