Plans have been approved to demolish the former Chungwa building at Eurocentral and create a new £300m business park which will include four new warehouse units totalling 244,000 sq ft.
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With speculative development taking off at Heathrow, Liza Helps asks what will this mean for occupiers?
Schenker has taken 15,160 sq ft at London & Cambridge Properties’ warehouse Units 203 A and B Burcott Road, Avonmouth, on a 15-year lease at £4.
Carpetright has consolidated its 13 distribution depots in the South East into one 492,000 sq ft distribution facility at Purfleet, Essex.
St Modwen has submitted plans to develop a 300,000 sq ft industrial scheme on the former car storage site at The Cofton Centre, Longbridge, Birmingham.
Property Information Packs that also include a certificate detailing the property’s energy efficiency – the commercial property equivalent to Home Information Packs – are to be introduced in October costing landlords thousands of pounds.
Gladman Developments has won planning permission for a speculative 215,000 sq ft industrial and distribution development, just off the A1 near Grantham in Lincolnshire.
Panasonic has agreed a £26.5m sale and leaseback with Macquarie Goodman.
One 20-acre plot remains at Express Park in Bridgwater capable of accommodating up to 420,000 sq ft in a single new building.
CB Richard Ellis has bought North West-based industrial specialist DGI Davis George.
