According to King Sturge’s latest Property Predictions there will be a shortage of warehouse stock in prime locations in the UK and eventually upwards pressure on rents during 2010.
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Developer Gladman has secured outline planning permission for the UK’s largest distribution warehouse at its Vertical Point distribution park on the former Bevercotes Colliery in Nottinghamshire.
Modular Decanting Ward Solutions has taken Segro’s 63,000 sq ft Unit B11 warehouse at Heywood Distribution Park in Rochdale, Lancashire.
Property developer Goodman has teamed up with Severnside Distribution Land to develop out an initial 85-acre distribution scheme that could total 1.6 million sq ft.
In the latest King Sturge Property Predictions, David Brooks of King Sturge said that there would be a rise in the number of demolitions of large industrial complexes.
Waste management company Biffa has taken a new, 237,000 sq ft warehouse at ProLogis’ 65-acre ProLogis Park Midpoint scheme in the West Midlands.
With a plethora of deals going down it looks like modern warehouse space is going to be in short supply. Liza Helps investigates.
South of the Thames lanlords are thinking outside the box for ways to dodge the stranglehold of empty rates. Jessica Davies reports.
CPRE South Yorkshire has written to the government, asking ministers to call a full public inquiry into the development of an intermodal scheme in Rossington near Doncaster which was given the go-ahead by councillors this month.
Bristol Council has granted outline consent for a 550,000 sq ft chilled and frozen cross-docked distribution centre on the 62-acre former Rhodia site in Avonmouth.
