Missile manufacturer MBDA has taken delivery of five canister rotation units (CRUs) from Stanley Handling for use in the loading of Seawolf missiles onto the Royal Navy’s Type 23 frigates.
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There are a host of options for retrenching an existing warehouse or distribution centre. Whether it be redesigning the layout to gear it towards more cross-dock, flow-through product movement, or adding extra racking, or a mezzanine floor to boost storag
With companies under pressure to cut costs and use existing facilities more efficiently, there is a renewed focus on making the most of warehouse space – particularly through the use of narrow aisle or very narrow aisle systems.
The approach to transit packaging is changing like never before, with a number of factors, namely cost and environment, playing a major role in altering the face of the market.
According to Lambert Smith Hampton’s latest National Industrial & Distribution report, rents will drop dramatically by up to eight per cent this year and a further 3.8 per cent in 2010.
Developer Sterling Capitol has won planning permission to build two warehouses of 600,000 sq ft and 300,000 sq ft at its Capitol Park Goole development in Humberside.
Devon County Council has secured regeneration specialist St Modwen as the preferred joint venture partner for the development of Skypark to the north of Exeter airport.
Sports company MMA Sports has secured a 26,500 sq ft warehouse at Richard Hayward Properties’ 180,000 sq ft Fabian Park scheme in Swansea.
Indeed King Sturge’s latest Industrial Floorspace Report says: “The level of industrial development under construction on a speculative basis within Greater London has fallen. There is currently some 602,542 sq ft under construction across eight schemes;
The credit crunch has meant that the development pipeline for 2009 is virtually zero with static rents, rising construction costs, softening investment yields and a dearth of development funding all conspiring against developers.
