The distribution industry is replacing manufacturing as one of London’s major employment generators, says industrial and distribution property provider ProLogis. The company is playing a pivotal role in the regeneration of the Thames Gateway.
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The term future-proof has entered the language through IT systems but applies equally to the modern distribution centre.
Wilson Bowden Developments advised by FPDSavills and King Sturge, has secured two more tenants at Interlink Business Park, Junction 22 on the M1, Leicestershire.
The North-west is a diverse region and home to seven million people – almost one eighth of the total UK population – characterised by the two major cities of Liverpool and Manchester.
Rockingham Gate, which is part of Avonmouth’s Cabot Park, has been bought by newcomer Landmarq.
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.
ProLogis has acquired a 48,632sq m facility at the Orebrö Distribution Center in the greater Stockholm area in Sweden.
