Zara secures Midlands distribution centre
Spanish retail giant Zara rumoured to be the mystery occupier that has taken a 600,000 ft2 plus warehouse at Prologis RFI DIRFT III scheme in the Midlands.
Spanish retail giant Zara rumoured to be the mystery occupier that has taken a 600,000 ft2 plus warehouse at Prologis RFI DIRFT III scheme in the Midlands.
Alex Reynolds is the new development director in charge of Greenbox, a sustainable logistics development joint venture between logistics development company Citivale and global private markets firm Partners Group, which was set up earlier this year.
Industrial and logistics developer Panattoni has secured planning permission for a mid-box warehouse in Bolton in the Northwest.
DHL has taken over the 381,505 ft2 former Sainsbury’s /Argos distribution centre in Basildon, Essex, which was earmarked for closure as part of Sainsbury’s consolidation plans announced in January this year.
Supply chain and workspace solutions business Paragon Customer Communications has taken a 110,000 ft2 warehouse in Sheffield.
FI Real Estate Management (FIREM) is proposing a £10 million redevelopment of the 13-acre Peblig Industrial Estate in Caernarfon, North Wales.
White goods, kitchen appliances and fittings wholesaler Apelson Appliances UK has agreed to lease a warehouse on the Normanton Industrial Estate in West Yorkshire.
London is home to the world’s most expensive warehouses, according to the latest analysis by Savills Research in its IMPACTS 2023 report.
Clowes Developments has won planning permission for a midbox scheme at Castle Donington in the East Midlands.
Trebor Developments and Hillwood have bought the 345,000 ft2 former Old Tea Factory warehouse in Crewe from AEW UK Core Plus Property Fund with the intention of demolishing and redeveloping the site.
A collaboration between LondonMetric and two of its tenants in the Midlands and South east will see tenant electricity cost reductions of up to 20%.
New logistics platform Greenlight, the joint venture between real estate investment and development manager, Delancey, and privately owned commercial property company Coltham, is looking to convert offices in Reading to industrial as it pushes ahead with it mid-box warehousing initiative.
A warehouse in Ellesmere Port in the Northwest is undergoing a £500,000 upgrade to make it more appealing to prospective operators.
Discount German retailer Lidl has opened its biggest warehouse to date in Houghton Regis near Luton.
Mountpark is offering a fixed £750,000 commission to the party who first secures an occupier for its Bristol 360 cross-docked logistics facility in the southwest.
PwC, the administrators of defunct UK homeware chain Wilko, have confirmed that the retailer’s distribution centres in Worksop and Wales will close today with the loss of 300 jobs.
A new 400,000 ft2 plus warehouse scheme is being planned for a site close to Manchester Airport in Wythenshaw.
Amazon is seeking a tenant for its 736,000 ft2 fulfilment centre in Peterborough less than two years after signing a 15-year lease on the property.
BASICALLY, AN occupier could now sub-let part, or even all of their warehouse space and make enough money to pay the rent on the space and even make a profit.
Research by Colliers says rents for warehouses over 100,000 ft2 have risen 10% year-on-year.