Rents have hardened, incentives are reducing and lease lengths are increasing in the East Midlands. Good deals are getting hard to find, says Liza Helps
Browsing: Property
Swapping the south for the north is proving highly profitable in supply chain terms. Liza Helps investigates
Professional Parcel Logistics, a fully-owned subsidiary of DHL Freight, has invested €24.7 million (£20.8 million) in its largest parcel hub in the Czech Republic, which it says is capable of handling up to 18,000 parcels an hour
City Link has opened a 64,000 sq ft depot in Southampton, which is 30 per cent larger than its previous site in Kites Croft, to enable the company to expand its operations in the region
The Co-operative Estates has completed the sale of its former Somerfield regional distribution centre, in Pitreavie, Dunfermline, to global provider of technology solutions for the energy industry, FMC Technologies
SDI Group has moved into a new 20,000 sq ft site in Hinckley, Leicestershire, to facilitate the company’s ongoing expansion
Yearsley Logistics has received detailed planning permission to build a 150,000 pallet cold store in Peterborough
Parcel Courier Hermes has taken additional space at Helix Properties’ Merlin Park in Erdington in the West Midlands to fulfil increased deliveries in the region
Gazeley has completed the £74.2 million sale of its 669,000 sq ft John Lewis e-commerce distribution centre in Magna Park, Milton Keynes, to Aviva Investors
SEGRO has completed the acquisition of Gemini’s £30 million 25,500 sq m logistics warehouse in Barking, East London
