Verdion eyes Midbox warehouse market
Pan-European logistics real estate developer investor Verdion is looking to secure urban warehousing opportunities in the UK following the appointment an urban/Mid-box specialist as development director UK.
Pan-European logistics real estate developer investor Verdion is looking to secure urban warehousing opportunities in the UK following the appointment an urban/Mid-box specialist as development director UK.
Developer Graftongate and joint venture partner Legal & General Investment Management’s (LGIM) Industrial Property Investment Fund (IPIF) have scured planning for a 100,000 ft2 urban warehsoue scheme in Horsham, West Sussex.
Recipe box company Gousto has decided to mothball two of its fulfilment centres in the UK amid a cost and capacity reset instigated at the end of 2022 to help it to return to a positive EBITDA (Earnings before interest, taxes, depreciation, and amortization) in 2023.
Rochdale Council is minded to approve Trammell Crow Company’s proposals for the redevelopment of the 27-acre former Department of Work & Pensions site in Heywood in the Northwest this week.
The International Advanced Manufacturing Park is seeking an environmental impact assessment screening and scoping prior to submitting a hybrid planning application for more than one million ft2 of industrial and logistics space on an 74-acre plot within its 370 acre IAMP allocation in Sunderland in the Northeast.
Online Home Shop, which sells value home products, has bought a warehouse in Tyldesley, Manchester, to meet increased growth demand.
Trebor Developments has submitted a reserved matters planning application for the main infrastructure works at its 1.36 million ft2 Flagship Park, scheme in Peterborough.
Greenbox, logistics developer Citivale and Swiss-based global private equity firm Partners Group’s joint venture, has secured reserved matters planning for the first building on its first development in Thirsk, North Yorkshire.
The logistics Golden Triangle remains a popular choice for investors with flurry of investment deals over the past couple of weeks.
Wellesbourne airfield in Warwickshire just off the M40 motorway in the West Midlands could provide more than 2 million ft2 of industrial and logistics space in the near future.
UK property developer Godwin Developments is looking to develop some 500,000 ft2 of industrial and logistics space on a site in Daventry, East Midlands.
3PL The Storage Place has taken a 10 year lease on a 100,000 ft2 plus warehouse in Peterlee, Sunderland.
Investment bank JP Morgan is suing Fraser Group’s Sports Direct for £5.4 million it claims the company owes for leaving its warehouse in Wigan in a state of disrepair after it vacated the property in 2019.
Developer Chancerygate has submitted plans to speculatively build a 105,000 ft2 urban logistics scheme in Southwater near Horsham, West Sussex.
A multi-storey urban warehouse scheme on a former council car pound in Southwark, Central London has been recommended for approval.
Landlords and investors are increasingly looking to go above and beyond in their refurbishments of mid-box warehouse space with use of sustainability features.
Planning committee members at Blaby Council in Leicestershire have gone against advice by their own planning officers regarding proposals for a 1.15 million ft2 logistics warehouse scheme.
Logistics real estate developer Panattoni has bought its third site in Kent for a brand new logistics scheme.
Newlands Developments is continuing promote its twice refused development site in Basingstoke.
A high specification warehouse is set to be speculatively built in the West Midlands.