Despite being told that there is more space on the market, occupiers are being warned to prepare themselves for the credit crunch fallout. Liza Helps investigates.
Browsing: Property
The Co-op, advised by Strutt & Parker and DE & J Levy, has sublet Unit 8, Prince’s Court, Wapping Lane, London, E1 to DHL.
Developer Bericote has handed over Asda’s new 75,000 sq ft recycling centre at the Pattinson Industrial Estate in Sunderland.
The number of new warehouses being speculatively developed in the UK has fallen by a whopping 43 per cent, according to the latest King Sturge Industrial & Distribution Floorspace Today survey.
Leeds-based developer Sterling Capitol is on schedule to deliver a 33,000 sq ft production unit at Capitol Park, Goole, for Drax Power Station early next year.
Two food distributors have taken space at Universal Consolidated Group’s Aurora building at Nursling near Southampton.
PPG Land, a subsidiary of Murray International Holdings, has secured two detailed planning consents on its Link 62 development near Wakefield, West Yorkshire.
Despite current market conditions and a perceived over-supply of space in Yorkshire, St Paul’s Developments has started work on two high quality industrial units of 21,260 and 23,620 sq ft at Smithy Wood Business Park located at Junction 35 of the M1
Merchant Place Developments, has officially launched Amazon Park, its 1.4m sq ft distribution and logistics scheme, near Newton Aycliffe in County Durham.
Barmston Developments has launched its £70 million Turbine Business Park in Sunderland.
