Warehouses in and around London Heathrow are still the most expensive in the world according to property consultant Cushman & Wakefield with rents averaging 185.03 Euros per sq m.
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Bed maker and retailer Sleepmasters has secured Newbridge Capital’s 20,000 sq ft warehouse at Pen Y Fan Way, Oakdale in Caerphilly at a rent of £67,000 a year.
Shepherd Developments, in conjunction with the Abtech Group, has completed the development of Access 63 near Selby.
Book distributor Littlehampton Book Services has leased a 107,000 sq ft shed at St Modwen’s 630,000 sq ft industrial site in South Ockendon, Essex.
The development of environmentally friendly new buildings is set to decline because of the credit crunch, according to property consultant Sanderson Weatherall.
Developer Goodman is pushing forward with plans to resurrect the London International Freight Exchange, albeit in the guise of the Slough Intermodal Freight Exchange, following the successful application of ProLogis’ Howbury scheme a year ago.
Standard Life Investments, landlord of Suttons Business Park in Reading, is taking a fresh approach to the marketing of the remaining available units by offering a range of incentives, with the aim of fully letting the park in 2009.
Supermarket Morrisons has finally secured a South West ROC after several years’ search.
There are some desperate land lords and owners out there, but there are few clues to say who is holding the weakest hand. LIZA HELPS shuffles the cards.
Atisreal, in association with Logistics Manager, is undertaking a research study related to the town planning environment associated with Logistics and Distribution Property.
