Joint venture partners Terrace Hill and Stoford Developments have completed REDD 42 – the £20m distribution facility off Junction 3 of the M42 near Redditch.
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Two former car manufacturing works in Coventry have been sold and are likely to provide a massive boost to the amount of warehousing space available in the region in the future.
ProLogis is to develop an industrial warehouse in Rome to serve growing demand for distribution space in southern Italy.
Henry Boot Developments has upped the ante with the submission of detailed plans for its first major building on its £250 million 200-acre Markham Vale scheme in North Derbyshire.
Liza Helps reports on the unusual situation in the South West & Wales and looks to answer the impossible…
Leather goods supplier GH Stafford has paid £2.5 million for a 45,000 sq ft warehouse at St Modwen’s Walsall Enterprise Park near Birmingham.
Outline consent has been granted to PPG Land for a 135,000 sq ft warehouse at its 10 acre Point Five site at Walker Park in Blackburn, Lancashire.
Standard Life has submitted plans to rebuild the 142,000 sq ft former Iron Mountain warehouse, which was destroyed by fire at ProLogis Park Bow, London.
A vacant 150,000 sq ft distribution warehouse developed by St Modwen Properties and Prologis on Centre 38, Barton-under-Needwood, near Burton-on-Trent, has been sold for £9.5 million to investor Close Brothers.
The amount of available industrial floorspace in the UK is now at its highest since 1985 according to King Sturge’s latest Industrial Floorspace survey.