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.
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More than 30 developers and owner-occupiers have lined up to try to secure DHL Real Estate’s 4-acre site in Empress Road, Southampton.
Sainsbury’s is taking a 500,000 sq ft distribution warehouse at ProLogis’ 150-acre Pineham development in Northamptonshire.
Eight developers battled it out to secure an 18.45-acre site on Cliftonhall Road, Newbridge, West Edinburgh reflecting the scarcity of industrial development land in the area.
Research by developer ProLogis and property consultant King Sturge points to a healthy UK market. With the average industrial vacancy rate at 7.4 per cent, who’s got anything to complain about? But the Netherlands remains Europe’s most sought-after locati
The road infrastructure may still be poor, but low labour rates, along with its close proximity to western markets, makes the countries of Eastern Europe an attractive market, says Chris Lewis
Research by King Sturge indicated that there were 72 new speculative schemes over 100,000 sq immediately available or under constriction at the end of last year.
Construction company AJ Morrisroe has paid £1m for a 2.6-acre site Ampthill, Bedfordshire, which it will use for open storage.
Boughey Distribution has built the first of the three 100,000 sq ft warehouses at its main base near Nantwich in Cheshire.
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.
