Jessica Davies takes a look at the availability along the M4 corridor form Bristol to Reading and what deals are in the pipeline…
Browsing: Property
Talk about property in the air cargo business and everyone thinks of Heathrow and high rents. But regional airports like East Midlands and Manchester have big plans for growth, Malory Davies reports.
Schroder Property Investment Management says it is prepared to undertake some refurbishment to a 246,802 sq ft self contained warehouse and office facility on Rockware Avenue, Greenford.
Plans to extend Evans Property’s Network 46 scheme in Lincolnshire have been approved.
Knight Frank has been appointed as the sole agent to market a 131,000 sq ft modern warehouse and manufacturing building in Otley Road, Shipley on behalf of Havells Sylvania.
Outline planning permission has been granted for a new Truck Stop facility on the busy A50 dual carriageway [M1-M6 Stoke-Derby link road] at Foston in Derbyshire, opposite Dove Valley Park.
Fashion retailer River Island has confirmed it will proceed with developing a new 480,000 sq ft national distribution building at Magna Park, Milton Keynes.
Receivers Clive Conyers and Peter Chapman have appointed Jones Lang LaSalle as joint agents along with M3 and Lambert Smith Hampton on M1stral 260, a new 260,000 sq ft industrial and distribution building in Hemel Hempstead.
According to Savills’ latest Euopean Logistics survey rents have declined six per cent in prime properties and seven per cent in secondary warehouses year on year.
Bed specialist Dreams is to move into a 51,252 sq ft warehouse on the Woods Bank Estate in Wednesbury in September.