The industrial park at Witton, Birmingham, has been sold, in an investment deal worth £26.5M, by IM Properties to Aberdeen Property Investors on behalf of the Barclays Bank UK Retirement Fund.
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The newly-built 3,450sq m regional distribution centre developed by Stoke-on-Trent Regeneration for Littlewoods’ home shopping delivery arm Business Express at the 400-acre Trentham Lakes has been sold to a private investor for £2.5M.
Considerable expansion is planned at overnight palletised distribution network PalletFORCE’s central hub on Fradley Park Estate near Lichfield, Staffordshire.
The Government says it will not intervene in the planning decision concerning the latest expansion proposals for the DIRFT Logistics Park..
Property investment and active management specialist Ashtenne Holdings has paid £8M to buy a 51,150sq m logistics warehouse in Amersfoort, near Utrecht, in the Netherlands from Hays.
Lynx Express has moved to a larger 2,046sq m purpose-built branch on the Gloucester Business Park in Gloucester. The express parcels company’s previous depot was in St Oswald’s Road, Gloucester.
Parkfield Projects has been commissioned to provide a new £6M, 4,538sq m state-of-the-art head office and distribution centre at Maidstone from KFF Food Service, which provides frozen, chilled and ambient food distribution in London and the South-east.
Provider of distribution accommodation to the logistics industry ProLogis has unveiled the latest addition to its M25 portfolio – a 14,880sq m high bay facility which has unrestricted use.
Miller Developments and The Royal Bank of Scotland joint venture Omega Warrington and landowner English Partnerships have submitted an outline planning application for the first two phases of the £1Bn Omega development at Warrington.
It may be good to talk, but it is vital for all parties to talk at length when planning an extension. Thorough planning and regular dialogue will ensure that business will continue unaffected by what is happening on the other side of the wall.
