Gazeley has announced that it will develop the world’s first carbon positive distribution warehouse at its Magna Park Milton Keynes scheme.
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RREEF and developer Rosemound have secured planning consent for a 194,000 sq ft speculative development comprising 26 units that could generate 450 jobs in West Thurrock.
Handleman UK has taken Big Sam, Arlington and Barwood’s 274,700 sq ft cross-docked distribution centre at Wingates Industrial Estate in Bolton on a 10-year lease at an annual rent of £1.
Mountcity is speculatively developing a 205,000 sq ft warehouse at Ashroyds Business Park at junction 36 of the M1.
Property agent Lambert Smith Hampton is predicting rent rises in the logistics sector of up to 10 per cent in the coming year.
More than a quarter of all new distribution warehouse construction is taking place in just two markets – the East and West Midlands, according to research by ProLogis and King Sturge.
Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
Eight developers battled it out to secure an 18.
Ravenbourne and Standard Life are hoping to cash in on the Olympics with the development of a third phase at Thames Gateway Park in Dagenham, Essex.
Food industry logistics specialist Atchison Topeka has agreed a 130,000 sq ft pre-let at Stoford Development’s 80-acre Stonebridge Cross in Droitwich Spa, Worcestershire.
