Browsing: Property

UK rents increased by 2.1 per cent in the year to March 2007, according to Jones Lang LaSalle’s latest 50 Centres Report.

Birmingham-based Coltham Developments has paid almost £10m to buy Britvic Soft Drinks’ warehouse complex at Tamworth’s Centurion Park which it intends to redevelop to provide a 288,000 sq ft distribution centre.

Wilson Bowden Developments has announced its plans for the development of a 115 acre site in Nottingham.

SEGRO is expecting to break the £6 per sq ft rent barrier with the first speculative phase of its Meteor Park development in Aston, Birmingham.

Fresh fish and seafood product company Cumbrian Holdings has taken a 125,000 sq ft unit built by Grantside at Foxcover Industrial Estate at Seaham in County Durham at a rent of £4.75 per sq ft.

Express parcel deliveries, postal and courier company Geopost UK has taken a lease of a 40,650 sq ft unit at Tannochside Drive, Tannochside Park, Uddingston from Keiller Edinburgh.

Gladman Developments has won detailed planning permission and started on site with a speculative 200,000 sq ft industrial and distribution development on the A14 at Saxham, near Bury St Edmunds.