Multi national apparel company House of Pearl has paid £2.4m for the freehold of a 43,000 sq ft warehouse in Milton Keynes through its subsidiary Poeticgem.
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Easter Properties has submitted plans for an 11 unit warehouse and light industrial scheme totalling 158,066 sq ft on Land at Long Tens Way, Newton Aycliffe, Co. Durham.
Plans have been approved to demolish the former Chungwa building at Eurocentral in Scotland and create a new £300m business park which will include four new warehouse units totalling 244,000 sq ft.
New research by Atisreal proves that a typical logistics development significantly outperforms manufacturing and exceeds or matches a light industrial unit in terms of its contribution to a local economy.
Developer Gazeley is looking to speculatively develop a 360, 000 sq ft shed on the former United Utilities site on East Lancashire Road, just outside Liverpool.
Henry Boot Developments has submitted plans for two warehouses of 577,5000 sq ft and 105,000 sq ft at its 200 acre Markham Vale development in North Derbyshire.
According to North Rae Sanders rents outside the Golden Triangle have and will continue to see robust rent increases as a consequence of increasing land values.
Schenker has taken 15,160 sq ft at London & Cambridge Properties’ warehouse development at Burcott Road, Avonmouth, on a 15-year lease at £4.95 per sq ft.
Ossian Retail Group subsidiary Au Naturale, has pre-let a 157,689 sq ft warehouse at Eurocentral in Scotland to facilitate its on going expansion.
Contemporary furniture company Dwell Retail has taken a 27,300 sq ft warehouse at Slough Estate’s Commerce Park in Croydon on a ten year lease at £233,750 per year, with half rent in the first two years.