Leicester warehouse let for parts distribution
A 128,000 ft2 warehouse has been let for parts distribution for a global manufacturer in Leicester on a ten year lease at a headline rent of £8.40 per ft2.
A 128,000 ft2 warehouse has been let for parts distribution for a global manufacturer in Leicester on a ten year lease at a headline rent of £8.40 per ft2.
Developer Tritax Symmetry has let the last warehouse unit at its 645,000 ft2 Symmetry Park Aston Clinton scheme in Buckinghamshire.
Plans have been submitted for a 92,000 ft2 warehouse at Manchester Airport’s World Freight Terminal on the site of the existing Hangar 4.
Real estate investor, developer, and asset manager Logicor has released details of its redevelopment of the 951,000 ft2 former Bigfoot warehouse in the Golden Triangle.
According to real estate analytics company MSCI data, average warehouse rents rose 1.8% in the second quarter of the year and have increased 3.7% in the first six months with property consultant Colliers predicting a 5% increase in rents for 2023 despite a general slowdown in occupier demand.
99P Recycling has taken developer and investor Pitalia’s 43,000 ft2 refurbished warehouse on the Winsford Industrial Estate in Cheshire.
Property company Glenbrook is selling an ‘oven ready’ industrial and logistics development site in Wigan which has planning permission for 625,000 ft2 of space.
Deeley Group is speculatively developing a 40,000 ft2 midbox warehouse in Buckinghamshire.
Plans have been lodged for an occupier-led build to suit industrial development on the Drum Industrial Estate in Durham
Developer Newlands has secured detailed planning permission for two warehouses in Milton Keynes.
Developer SEGRO has secured a world first after scoring an Outstanding rating for its refurbishment of a 25 year old warehouse in Greenford Park in Ealing, West London.
Rula Developments is looking to speculatively develop a 225,075 ft2 warehouse at Winsford Gateway, in Cheshire.
Waystone Hargreaves Land, a joint venture between Hargreaves Land and Waystone Developments, has won planning for a 375,000 ft2 warehouse at its Unity Connect scheme in Yorkshire.
Specialist design furniture logistics expert, De Girolami, has taken investor developer Logicor’s 18,000 ft2 warehouse in West Molesey, Surrey.
The redevelopment of a former 1960s office block in West Bromwich, into a Grade A warehouse has seen the property let within weeks of practical completion showing how strong the demand for Grade A stock is within the region.
The development of Royal Mail’s first carbon neutral delivery office could be in doubt over fears that drinking water could be contaminated.
Kier Property has secured planning for a warehouse in Bracknell which will be developed as part of its £400 million Logistics City and Trade City joint venture with PGIM Real Estate.
Czech Republic-headquartered investor, manager and developer of European warehouse properties P3 Logistic Parks, has entered the UK market but is cautious about immediate development opportunities.
Developer Prologis has submitted detailed plans for a new industrial and logistics scheme in Hemel Hempstead in the Southeast.
A 1.85 million ft2 industrial and logistics development has been granted outline planning on the TATA steelworks site in Corby, Northamptonshire.