Rapid economic growth in Asia means that demand for warehouses is rising rapidly. Charlie Jacoby looks the development hot spots.
Browsing: Property
The West Midlands remains a nagging little sister to the East Midlands, constantly reminding it that, despite the East’s beauty in the eyes of logistics occupiers, the West can pull in the fancymen too, says Charlie Jacoby.
The Buncefield explosion has proved to be a harsh lesson for those companies that did not have appropriate insurance. Charlie Jacoby looks at the issues.
Following a long period of stagnation, industrial rents across the North West are increasing. That’s the conclusion of property adviser DTZ.
Gazeley Properties attracted government high-flier David Miliband MP, the new secretary of state for environment, food and rural affairs, to its award-winning Voltaic warehouse development in Dagenham, East London.
TDG has taken 22,110 sq m (238,000 sq ft) at the former Cummins Factory in Shotts, North Lanarkshire, in one of the biggest lettings in the region for five years.
Specialist insulation company Sheffield Insulations Group has chosen Eurocentral as the location for a new 6,679 sq m (71,900 sq ft) distribution facility.
Plans for a up to 41,805 sq m (450,000 sq ft) of industrial and distribution space at the 7.23ha (17.86 acre) plot on the 12.14ha (30 acre) former Cransley Iron Works outside Kettering in Northamptonshire have been lodged with the local planning authority
Several speculative developments in the Midlands are due for completion shortly giving occupiers even more choice.
Shepherd Developments and Eden Park Developments, have selected placed a contract with Clegg Construction to speculatively build a 3,800 sq m (41,000sq ft) industrial/warehouse building with 8m eaves.
