Liza Helps investigates rumours that we are seeing the end of the five year lease/break clause in the wake of the recent credit crunch.
Browsing: Property
Discount supermarket group Netto has announced plans to open a third distribution centre in the north west of England.
Two warehouse units at Chesford Distribution Centre in Warrington totalling 45,108 sq ft have been let to Stapleton’s on a 10-year lease at a rent of £2.
Dubai World Central, the 140 sq km urban development under construction in Jebel Ali, is expanding its geographic footprint through real estate and property sales at the Kuwait Property Exhibition, held in Kuwait City this week.
IDS Logistics, formerly PB Logistics, is opening a 390,000 sq ft distribution centre in Sheffield, bringing its total retail footprint to nearly 2.4 million sq ft.
Transmec is investing more than £10 million to increase the capacity of its Redditch warehouse from 8,000 sq m to 14,000 sq m.
Internet fashion retailer ASOS (As Seen on Screen) Ltd has leased ProLogis’ 158,250 sq ft warehouse DC158 (Azimuth) in Hemel Hempstead six weeks after practical completion.
Independent baking business, Warburtons, has announced it is to establish a new 20,000 sq ft distribution depot at Eurocentral in Lanarkshire.
Business mail delivery company DX Network Services has taken a sub-lease on Alcatel Lucent Telecom’s surplus 38,607 sq ft warehouse in Livingstone.
Forth Ports is working on a masterplan for a whisky distribution park at the port of Grangemouth on the Forth. A layout for 1.6m sq ft of warehousing has been approved.
