Knight Frank is to market Slough Estate’s 225,400 sq ft Meteor Park scheme in Birmingham in conjunction with DTZ Debenham Tie Leung.
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Miller Birch has celebrated the topping-out of Langley 255, the 255,000 sq ft (23,690 sq m) high specification distribution property at @ccess 26, Langley Mill, Derbyshire, the firm’s 30-acre industrial and distribution development.
Strategic land supply is a key problem in Scotland but there are encouraging signs of developer interest, reports Charlie Jacoby.
The Barker Review of the UK’s planning system has just published its interim report. Andy Griffiths, deputy managing director of ProLogis Developments, highlights the key issues for the industry.
Catesby Property Group has recently acquired a five-acre site alongside the M6 and close to the centre of Birmingham on which it plans a £8 million distribution scheme. A detailed planning application for two 50,000 sq ft buildings has been submitted.
Development is underway again at Eurocentral, the giant distribution park that nestles conveniently between the M8 and the M74 on the eastern side of Glasgow.
Gazeley is to launch Felixstowe Portside – a “port-centric” logistics park development, supported by the Port of Felixstowe.
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.
One in eight US property investors plans to buy in the UK.
At 497,583 sq m in 17 units across Britain, the level of take-up in new units of 10,000 sq m and over in the first three months of 2006 reached the highest level recorded in the first quarter of any year over the past ten years, says King Sturge.
