ProLogis has “no exposure to empty rates legislation at the present time”, Robert Watson, chief executive of ProLogis European Properties, has told the company’s annual meeting. “Demand in the UK has been driven by internet and conventional retailers
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Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a ten-year lease at a rent of around £4.50 per sq ft.
When all is said and done, the West Midlands is still the best logistics location in the country and agents say there are plenty of enquiries for space in the region.
Over recent years the A14 corridor, which snakes its way east from the heart of the golden triangle to the Port of Felixstowe, has grown in stature as the importance of the east coast ports themselves has
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a 10 year lease at a rent of around £4.50 per sq ft.
Developer ProLogis has said that it will build all its warehouses in the UK to the Building Research Establishment (BRE) Group environmental standards.
Demand for distribution facilities is booming in China, according to ProLogis which is reporting strong leasing activity at major new distribution parks under construction in inland China. At ProLogis Park Jiangning in Nanjing, the capital of China’s Jian
It’s as much an occupiers’ market as it has ever been,” says Richard Sullivan of Savills commenting on the increase in available warehouse space along the M4 corridor, particularly around Heathrow.
Dominic Whitfield of Savills sums up the dilemma facing the South East: “The occupier market is still strong but frankly where is the product?”
The A1, the Great North Road, has undergone a bit of a renaissance along with its upgrading in recent years. Long gone are the myriad of roundabouts, causing untold damage to the braking systems of innumerable cars and lorries
