Third-party logistics in India is set for double digit growth, according to a report from Datamonitor.
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Henry Boot Developments has submitted plans for two warehouses of 577,5000 sq ft and 105,000 sq ft at its 200 acre Markham Vale development in North Derbyshire.
According to North Rae Sanders rents outside the Golden Triangle have and will continue to see robust rent increases as a consequence of increasing land values.
Schenker has taken 15,160 sq ft at London & Cambridge Properties’ warehouse development at Burcott Road, Avonmouth, on a 15-year lease at £4.95 per sq ft.
Ossian Retail Group subsidiary Au Naturale, has pre-let a 157,689 sq ft warehouse at Eurocentral in Scotland to facilitate its on going expansion.
Contemporary furniture company Dwell Retail has taken a 27,300 sq ft warehouse at Slough Estate’s Commerce Park in Croydon on a ten year lease at £233,750 per year, with half rent in the first two years.
Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development in order to sustain the economy.
Gazeley has announced that it will develop the world’s first carbon positive distribution warehouse at its Magna Park Milton Keynes scheme.
St Modwen has submitted a planning application for some 80,000 sq ft of speculative warehousing at its 55 acre Access 18 scheme in Avonmouth, Bristol.
Barberry Developments is proposing to build a £15m 157,000 sq ft distribution centre at Burton-upon-Trent.
