UK rents increased by 2.1 per cent in the year to March 2007, according to Jones Lang LaSalle’s latest 50 Centres Report.
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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.
RGD Thomas, a private Swansea investor, has paid £4m to buy the 141,117 sq ft former Panasonic Unit at Baglan Moors, Port Talbot, South Wales.
Kuehne + Nagel Drinks Logistics has opened a 168,700 sq ft regional distribution centre at Hams Hall.
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.
Gazeley and UK Coal developer Haworth Estates have submitted plans for an 850,000 sq ft sustainable logistics building near Ashby de la Zouche in Leicestershire, which could create up to 900 jobs.
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.