Recycling company SCA Recycling has taken the former Dixons Mastercare warehouse at Plot 8, Hounsdown Business Park in Totton, Southampton.
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An influx of second-hand space has put the squeeze on developers and landlords of distribution space throughout the west midlands, says Liza Helps
After six months of silence from the 3PL corner, the property market is starting to see a faint but encoiraging flutter of interest around the M1/A1 corridors. Jessica Davies reports.
Delice de France has taken Unit 27e at the Pennygillam Industrial Estate in Launceston on a new six-year lease.
PEGLER Yorkshire Group, the manufacturer of fittings, taps and valves, has agreed a pre-let on a 104,000 sq ft warehouse at St Paul’s Developments Brookfields Park in the Dearne Valley in South Yorkshire.
German discount retailer Lidl has submitted plans for a 450,000 sq ft distribution facility at Wade Park Farm on the edge of the New Forest National Park as part of its south-coast store expansion plans.
According to King Sturge’s latest Industrial and Distribution Floorspace Today report while the total amount of available space in industrial buildings rose 5.4 per cent in the second half of last year, to 22.68 million sq m, the figure for the South West
Swiss Post International has taken Units 11 and 12 totalling 42,018 sq ft at Brixton’s Heathrow Estate on a short-term lease until 2015 at a rent of £11.80 per sq ft with a three month rent free period.
Plans to extend Evans Property’s Network 46 scheme in Lincolnshire have been approved.
According to Lambert Smith Hampton’s Corporate Real Estate Matters, despite the economic turmoil, occupiers still recognise that sustainable buildings boost productivity and they will pay up to a 15 per cent premium for that benefit.
