Landlords have agreed a new voluntary Code of Practice for commercial leases, which will considerably benefit tenants in the future, according to Charles Woollam, a partner at property consultancy Donaldsons,
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They may not be mega sheds topping 750,000 sq ft but big sheds are still popular with developers in the North West, with some 15 schemes providing sheds over 300,000 sq ft. In fact so strong is the market that there is a frenzied trade among developers an
Asking a logistics space developer in the Benelux region for a quote on a building is a bit like talking to a Chelsea fan watching a London derby about England’s chances in the Ashes. The developer will admit politely that your request is very interesting
Ahoy me hearties and set sail for junction 22 of the M6, where Astral Developments is building Parkside. No – it’s not a container port five miles inland but nor is it a site specifically for haulage as you might expect of something so wedded to the M6.
Arlington Securities has paid £14m for a vacant shed in Burton-on-Trent as the appetite for investing in distribution property continues unabated.
Henry Boot Developments has lodged detailed plans for 320,000 sq ft of warehousing at its 18-acre Meir Park scheme in Stoke-on-Trent.
Craigard Investments is taking advantage of a lack of big shed space along the M3 Corridor and is speculatively refurbishing a 100,000 sq ft plus warehouse in Eastleigh, Southampton, which it will call Avalon.
Wolseley has opened a 350,000 sq ft distribution centre in Leamington Spa comprising two buildings, linked by an enclosed bridge.
Developer Gazeley has struck a joint venture deal with UK Coal to develop a site in Leicestershire into a £60m distribution park.
Handleman UK has taken Big Sam, Arlington and Barwood’s 274,700 sq ft cross-docked distribution centre at Wingates Industrial Estate in Bolton on a 10-year lease at an annual rent of £1.17 million a year (£4.25 per sq ft).
