Over the past few years insurance costs for commercial buildings have risen beyond inflation. High profile incidents such as the Buncefield fuel depot explosion in Hertfordshire in 2005, have continued to drive premiums higher.
Browsing: Property
Amazon has opened its 800,000 sq ft distribution facility in Swansea and has launched a huge recruitment drive to find some 1,000 staff.
Gazeley is believed to have acquired a 20 acre site in Stoke-on-Trent off junction 15 of the M6 motorway and is believed to be in the process of acquiring an 11 acre site off junction 3 of the M6 motorway in Nuneaton.
Developer Sterling Capitol has submitted a detailed planning application for two major distribution centres that could create over 1,000 new jobs in the Goole area.
According to property pundits across Europe, despite a more subdued level of activity around the world following the recent tangle in the finance markets, occupiers of warehousing are looking at increasing rent levels.
Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
St Modwen Developments has signed an agreement with Darlington Borough Council to open up 70 acres of land
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a 10 year lease at a rent of around £4.50 per sq ft.
Paperchase has taken Unit A at Frontier Estates’ A1M1Link scheme at Thrapston in Northamptonshire on a 10 year lease at £4.75 per sq ft.
After securing stationer John Dickinson for its Kingswarren Business Park near Newmarket Wrenbridge also bought the former John Dickinson site known as Sawston Business Park, which has existing use and could accommodate a 250,000 sq ft building.
