Gazeley is to launch Felixstowe Portside – a “port-centric” logistics park development, supported by the Port of Felixstowe.
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Current planning regulations are too complicated and do not reflect the increasing demands put upon businesses, according to interim findings of an independent review into the English land use planning system.
One in eight US property investors plans to buy in the UK.
At 497,583 sq m in 17 units across Britain, the level of take-up in new units of 10,000 sq m and over in the first three months of 2006 reached the highest level recorded in the first quarter of any year over the past ten years, says King Sturge.
Gazeley and Land Securities joint venture partnership, has been granted planning consent for Nova MK – a £340 million logistics park in Milton Keynes. The 241 acre site will provide 3.4 million sq ft of new industrial and distribution accommodation.
Store Property Investments has let a 23,000 sq ft warehouse to Cannon Hygiene at Bar End in Winchester, Hampshire. The OCS Group subsidiary is taking Unit E on a 15-year lease with a break at ten years.
Slough Trading Estate, Berkshire, has a new flagship warehouse/production building. Kubik is located on Buckingham Avenue, the main thoroughfare through the trading estate.
HelioSlough’s rail freight depot proposal for Radlett, Hertfordshire, faces opposition from residents.
Rapid economic growth in Asia means that demand for warehouses is rising rapidly. Charlie Jacoby looks the development hot spots.
The West Midlands remains a nagging little sister to the East Midlands, constantly reminding it that, despite the East’s beauty in the eyes of logistics occupiers, the West can pull in the fancymen too, says Charlie Jacoby.