Investment in industrial property increased across Europe by three per cent in the first half of 2011 according to the latest Jones Lang LaSalle European Industrial Bulletin
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The requirements are there but the availability is not. Is design and build now the only option or will it spell the comeback of speculative development? Lucy Tesseras reports.
There may be a dearth of existing buildings and no speculative development on the horizon, but there are other options, says Liza Helps.
Gazeley have only one warehouse standing for immediate occupation following a spate of deals totalling 1.5 million sq ft in the last three months
Motor services distributor First Line has pre-let a 129,225 sq ft warehouse from Albion Land at junction 11 of the M40 motorway
Kingspan Renewables has let a 65,000 sq ft warehouse at Dearne Mills near Barnsley
Tesco is battling to build a 122,000 sq ft dot.com depot in Crawley
Carbon fibre technology firm Goodrich CTG are taking a 137,000 sq ft, site including 37,000 sq ft of offices at Albion Land’s Network M40 Development at Banbury
Tesco has received planning consent for a 900,000 sq ft distribution warehouse at Whitely, South Reading, site of the former Heineken Brewery
Expert Logistics, the specialist home delivery subsidiary of online kitchen appliance specialist DRL Holdings, has taken a 360,000 sq ft warehouse at ProLogis Crewe