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.
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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.
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.
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.
