Eastern Europe has been likened to the Wild West. But Charlie Jacoby wonders if those heading east will make the quick profits they are hoping for.
Browsing: Property
Universal Consolidated Group has just completed a million pound refurbishment of the 7,4000 sq m (80,000 sq ft) warehouse building, at Nursling near Southampton.
The largest speculative high bay warehouse facility developed in Trafford Park in recent years is now completed and ready for occupation.
ROK Developments has paid Arlington Securities more than £700,000 per ha (£283,000 an acre) for a 1.74ha (4.3acre) site at Gloucester Business Park.
Slough Estates has announced plans for a £20m speculative redevelopment of the 10.5 acre Nechells site close to Junction 6 of the M6 Motorway and the Heartlands Spine Road in the West Midlands.
New industrial development appears to be restrained despite exceptionally good economic conditions.
Sbh.uk is to project manage and act as quantity surveyors for a new 19,300 sq m (210,000 sq ft) warehouse and office complex on First Point, Burton-on-Trent, for property developer Eden Park Developments.
Fashion brand Jaeger is developing a new distribution centre in Bergen Way, on North Lynn Industrial Estate in King’s Lynn, Norfolk while its old site is redeveloped as a B&Q DIY store.
The 1.9ha (4.6 acre) former Eastern Electricity site at Harold Hill Industrial Estate, Gallows Corner, Romford has been sold for a figure approaching £5 million.
Following the Buncefield explosion in December last year, brewer Scottish & Newcastle has moved from its damaged warehouse on the Maylands Estate and taken space at G.Park Hemel Hempstead.
