ProLogis is to go ahead with the development of a speculative warehouse scheme in Kent, which it acquired as part of portfolio of properties when it took over Astral’s parent company Parkridge, earlier this year.
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Gladman Developments has secured a 12.
ProLogis European Properties has bought 15 properties from ProLogis, for 215.
Having just pulled out of one warehouse scheme owing to planning controversy, it looks like Tesco has ploughed straight into another.
Martin Kidd, Brixton’s operations director – asset management, has decided to seek a fresh challenge outside the company after 22 years of service.
St Modwen has submitted plans to develop a 300,000 sq ft industrial scheme on the former car storage site at The Cofton Centre, Longbridge, Birmingham.
Property Information Packs that also include a certificate detailing the property’s energy efficiency – the commercial property equivalent to Home Information Packs – are to be introduced in October costing landlords thousands of pounds.
Gladman Developments has won planning permission for a speculative 215,000 sq ft industrial and distribution development, just off the A1 near Grantham in Lincolnshire.
Panasonic has agreed a £26.5m sale and leaseback with Macquarie Goodman.
One 20-acre plot remains at Express Park in Bridgwater capable of accommodating up to 420,000 sq ft in a single new building.
