Chelsea (General Partner), the joint venture company between Chancerygate and clients of Insight Investment, has sold the Union Quay warehouse on Clayton Road, Hayes in Middlesex to Property and Management Services for £6.756m.
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TDG has taken 22,110 sq m (238,000 sq ft) at the former Cummins Factory in Shotts, North Lanarkshire, in one of the biggest lettings in the region for five years.
Specialist insulation company Sheffield Insulations Group has chosen Eurocentral as the location for a new 6,679 sq m (71,900 sq ft) distribution facility.
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
Several speculative developments in the Midlands are due for completion shortly giving occupiers even more choice.
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.”
Ilva, a Danish rival to Ikea, is opening a 60,385 sq m (650,000 sq ft) head office and warehouse depot to support its 20-store expansion in the UK.
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,
Bovis has secured planning permission for its 837 acre mixed use scheme at Stanton Cross in Wellingborough.
