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 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.
ProLogis has acquired a 48,632sq m facility at the Orebrö Distribution Center in the greater Stockholm area in Sweden.
Delivery and collection business Target Worldwide Express is leasing a 2,794sq m unit on the Kites Croft industrial park at Southampton. Target is moving its parcels distribution business from premises in Winchester to the new facility.
