Browsing: Property

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.

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.

Current conditions have forced landlords in the North West to be a little more creative, but there is life in the market yet, says LUCY TESSERAS.

Developer Goodman has secured full planning consent for its £120m development of the former Andover Airfield site after Test Valley Council ratified the Section 106 agreementat its planning control committee on 31st March 2009.

Geodis Wilson has taken developer SEGRO’s 96,563 sq ft LHR1 warehouse in Hatton Cross, near Heathrow Airport making it the largest single letting in the Heathrow area in over two years.

Landlord Standard Life Investments has steppedn forward with an innovative marketing scheme for its 165,000 sq ft warehouse development in Bristol.