The Barker Review of the UK’s planning system has just published its interim report. Andy Griffiths, deputy managing director of ProLogis Developments, highlights the key issues for the industry.
Browsing: Property
Catesby Property Group has recently acquired a five-acre site alongside the M6 and close to the centre of Birmingham on which it plans a £8 million distribution scheme. A detailed planning application for two 50,000 sq ft buildings has been submitted.
Development is underway again at Eurocentral, the giant distribution park that nestles conveniently between the M8 and the M74 on the eastern side of Glasgow.
Gazeley is to launch Felixstowe Portside – a “port-centric” logistics park development, supported by the Port of Felixstowe.
Prupim (Prudential Property Investment Managers) is set to announce the first tenant has taken a 100,000 sq ft warehouse at its Hub development in Birmingham.
Scotland’s warehouse development is not limited solely to the area between Glasgow and Edinburgh.
In one of the biggest warehouse lettings in Andover in six years, kitchenware maker Le Creuset has taken 60,000 sq ft of distribution and office space within SSI Schaefer’s headquarters building on the Walworth Road Industrial Estate.
A speculative boom means occupiers are set to be spoilt for choice, however there is a sting in the tail. Liza Helps reports on the latest “gold rush”.
Earlier this year Gladman Developments acquired a 33.5 acre site at J4 M8 Distribution Park near Livingston and announced plans to build Scotland’s largest speculative distribution warehouse development.
A further 27 acres of the former Denby Hall Colliery site in Derbyshire is to be developed for warehousing.
