Browsing: Property

The North-west is a diverse region and home to seven million people – almost one eighth of the total UK population – characterised by the two major cities of Liverpool and Manchester.

The project management of a new purpose-built 12,170sq m, 11m high warehouse for Pirelli UK Tyres has been completed by sbh.uk on time in just 28 weeks.

The Thames Gateway / A13 corridor continues to attract new occupiers, the latest being Securitas who has just acquired 5,580sq m on Ravenbourne Developments’ Thames Gateway Park at Dagenham.

Door and window technology manufacturer GEZE UK is relocating its head office from Chelmsford, Essex, to Fradley Park, the 300-acre distribution / warehouse and office scheme being developed on the A38 near Lichfield by Evans Property Group (EPG).

A 12.4 acre plot at Tewkesbury Business Park has been secured by St Modwen Developments in partnership with Stoford Developments. A large manufacturing and distribution centre is planned for the site.

The industrial park at Witton, Birmingham, has been sold, in an investment deal worth £26.5M, by IM Properties to Aberdeen Property Investors on behalf of the Barclays Bank UK Retirement Fund.

Delivery and collection business Target Worldwide Express is leasing a 2,794sq m unit on the Kites Croft industrial park at Southampton. Target is moving its parcels distribution business from premises in Winchester to the new facility.

Colliers CRE, acting for HM Prison Service has sold the 93,000sq m Branston distribution centre at Burton-upon-Trent to Astral Developments for £25.3M, reflecting a yield of 7.5%.