Savills has been appointed joint agent with Jones Lang La Salle and Burbage Realty on Gazeley and Land Securities’ 3.4 million sq ft Magna Park in Milton Keynes.
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King Sturge have been instructed by D1 Oils to dispose of its former bio-diesel complex on Wirral International Business Park, Bromborough.
Gazeley has agreed the purchase of a 100 acre site in Crick from Barwood Developments and RREEF.
Wal-Mart has sold its UK-based property business, Gazeley, to Economic Zones World (EZW), part of Dubai World.
A pre-let of 135,000 sq ft of industrial space has been agreed with seafood company Cumbrian Holdings at Foxcover Distribution Park in Seaham, County Durham.
St Modwen Developments has signed an agreement with Darlington Borough Council to open up 70 acres of land within the Faverdale Employment Area to create a £50 million major industrial park capable of providing 1,500 jobs.
Fashion retailer River Island has paid Gazeley and Land Securities in excess of £20m for the freehold of a 450,000 sq ft distribution centre at Magna Park, Milton Keynes.
Sladen Estates and Peveril Securities have announced plans to develop a new green shed at Brook Park in Mansfield.
Kuehne + Nagel has secured ProLogis’ Crossflow 540 warehouse at its ProLogis Park Wellingborough scheme at WEAST on a ten-year lease at a rent of around £4.50 per sq ft.
A new industrial park is set to give a new lease of life to one of South Yorkshire’s historic 19th century pit-sites.
