Following a change in market demand and industrial requirements in the North West, Rosemound Developments has announced that its Pioneer Point building will now offer occupiers the option of a sub-division of the building,
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The UK division of logistics company UTi Worldwide has taken a sub-lease on Whatman International’s warehouse on the Larkfield Trading Estate, New Hythe Lane, Aylesford, Kent.
Chelsea (General Partner), the joint venture company between Chancerygate and clients of Insight Investment, has sold the Union Quay warehouse on Clayton Road, Hayes in Middlesex to Property and Management Services for £6.756m.
TDG has taken 22,110 sq m (238,000 sq ft) at the former Cummins Factory in Shotts, North Lanarkshire, in one of the biggest lettings in the region for five years.
Specialist insulation company Sheffield Insulations Group has chosen Eurocentral as the location for a new 6,679 sq m (71,900 sq ft) distribution facility.
Plans for a up to 41,805 sq m (450,000 sq ft) of industrial and distribution space at the 7.23ha (17.86 acre) plot on the 12.14ha (30 acre) former Cransley Iron Works outside Kettering in Northamptonshire have been lodged with the local planning authority
Several speculative developments in the Midlands are due for completion shortly giving occupiers even more choice.
“We are a polluter” said Ken Hall, vice president of Prologis, and “we recognise that we have a responsibility.”
Sbh.uk is to project manage and act as quantity surveyors for a new 19,300 sq m (210,000 sq ft) warehouse and office complex on First Point, Burton-on-Trent, for Eden Park Developments. The scheme is due to be completed in June 2006.
According to King Sturge’s latest UK Industrial and Distribution Floorspace Today survey, speculative development of industrial property in the UK is at its highest level for five years and large distribution facilities account for over 70 per cent of it.
