Prupim (Prudential Property Investment Managers) is set to announce the first tenant has taken a 100,000 sq ft warehouse at its Hub development in Birmingham.
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Scotland’s warehouse development is not limited solely to the area between Glasgow and Edinburgh.
Current planning regulations are too complicated and do not reflect the increasing demands put upon businesses, according to interim findings of an independent review into the English land use planning system.
Gazeley and Land Securities joint venture partnership, has been granted planning consent for Nova MK – a £340 million logistics park in Milton Keynes. The 241 acre site will provide 3.4 million sq ft of new industrial and distribution accommodation.
Store Property Investments has let a 23,000 sq ft warehouse to Cannon Hygiene at Bar End in Winchester, Hampshire. The OCS Group subsidiary is taking Unit E on a 15-year lease with a break at ten years.
Slough Trading Estate, Berkshire, has a new flagship warehouse/production building. Kubik is located on Buckingham Avenue, the main thoroughfare through the trading estate.
HelioSlough’s rail freight depot proposal for Radlett, Hertfordshire, faces opposition from residents.
Rapid economic growth in Asia means that demand for warehouses is rising rapidly. Charlie Jacoby looks the development hot spots.
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.
