ProLogis’ plans to build a 671,251.84 sq ft warehouse on its 42 acre New Greenham Park in Newbury have been vetoed by the council.
Browsing: Property
According to King Sturge’s latest research there is a growing demand for ever bigger warehouses due to growth in internet shopping.
The developer of Bronze Age Park, a 600,000 sq ft plus warehouse scheme in Belvedere, Erith, Kent, which was to be speculatively built, has sold it to another for around twice what it paid to secure the site in 2004.
Stoford Developments has bought a 10-acre site at Measham on Junction 11 of the M42 motorway from Leicestershire County Council
Stationery supplier Staples has taken a 245,000 sq ft new high bay warehouse situated adjacent to Watford Gap services in Northamptonshire.
Craigard Investments has sold the 370,000sq ft former Eurospace furniture warehouse in Sherburn-in-Elmet, Yorkshire for £15m.
MFI is rumoured to have struck a deal on the 750,000 cross-docked Nimbus building in Doncaster.
Tesco has confirmed that it is taking an 850,000 sq ft distribution depot near Goole from developer Sterling St James.
Demand levels from occupiers, propped up by consumer spending, has boosted developer’s confidence in investing in more speculative schemes across the continenet. Research from Atisreal in France points to Bordeaux as an area to watch, while King Sturge hi
The Benelux region’s popularity as a central location for European Distribution operations is off-set by an increasing problem with road congestion. Many hopes are being pinned on the yet-to-open Betuwe Line, a railway for goods transport from Rotterdam
