Browsing: Property

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

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.

“We are a polluter” said Ken Hall, vice president of Prologis, and “we recognise that we have a responsibility.”

Lane Group, advised by Atisreal, has sold its distribution warehouse at Garanor Way, Royal Portbury Docks, Bristol to Westbury Property Fund for £3.95 million. It has leased back the 38,405 sq ft (3,568 sq m) property on a 20-year lease at a rent of £307,

Investors have committed more than £40m to develop a 69,677 sq m (750,000 sq ft) warehouse in Doncaster, which has yet to secure an end user.

Soft furnishings retailer Dunelm has taken ProLogis’ 23,225 sq m (250,000 sq ft) speculatively built warehouse at its development in Stoke-on-Trent on a 10-year lease at a rent in the region of £42.52 per sq m (£3.95 per sq ft) with nine months rent-free.