Browsing: Property

The amount of speculative warehouse development is growing apace – but will supply dry up as quickly as it came? Liza Helps takes a closer look.

Developers TRE (Belvedere) and DMI Properties are due to submit plans for a 230,000 sq ft warehouse scheme on a 13-acre site in Erith, Kent to be known as Alchemy Park.

Waverley TBS, a subsidiary of Scottish and Newcastle, has taken a 34,500 sq ft warehouse on a 15-year lease at Quadrant Estate’s 134,000 sq ft Ropemaker Park in Hailsham, East Sussex.

Gladman Developments has started work on a £28 million, 525,000 sq ft speculative industrial and distribution scheme at Drum Industrial Estate in Chester-le-Street, County Durham.

Logistics property expert Tim Johnson of King Sturge has issued a plea to government and local authorities to release land for distribution warehouse development to sustain the economy.

Respironics has taken a 90,000 sq ft headquarters and distribution facility in Tangmere, Chichester.

Property agency M3 has expanded with the launch of a Sheffield office to be manned by former Atisreal director Roger Haworth and former Knight Frank director Toby Vernon.