West Midlands-based developer Chase Midland is set to undertake one of the largest speculative industrial schemes to be started in the Coventry area within the foreseeable future.
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Distribution companies are expected to flock to a new development on one of the South coast’s most prominent warehouse sites – Swift Distribution Park, which fronts the M27 and M271 at Nursling near Southampton.
Kingfisher’s DIY retailing arm, B&Q, is expecting its new £65M, 74,400sq m semi-automated distribution centre at Worksop, Nottinghamshire, to open in late 2005.
The latest King Sturge survey of available industrial and distribution floorspace indicates that the recent increase in availability may be “finally at, or nearing its peak”.
The Mezzanine Floor Company has beaten off stiff competition to win a £1M contract from Dürr, the UK subsidiary of the Stuttgart-based multinational technology giant, to provide platforms to be used in the manufacture of the wings.
The project management of a new purpose-built 12,170sq m, 11m high warehouse for Pirelli UK Tyres has been completed by sbh.uk on time in just 28 weeks.
The Thames Gateway / A13 corridor continues to attract new occupiers, the latest being Securitas who has just acquired 5,580sq m on Ravenbourne Developments’ Thames Gateway Park at Dagenham.
Door and window technology manufacturer GEZE UK is relocating its head office from Chelmsford, Essex, to Fradley Park, the 300-acre distribution / warehouse and office scheme being developed on the A38 near Lichfield by Evans Property Group (EPG).
A 12.4 acre plot at Tewkesbury Business Park has been secured by St Modwen Developments in partnership with Stoford Developments. A large manufacturing and distribution centre is planned for the site.
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.
