Midbox scheme for Altrincham
Developer investor Logicor has started construction of a new multi-let industrial and logistics site in Altrincham Greater Manchester.
Developer investor Logicor has started construction of a new multi-let industrial and logistics site in Altrincham Greater Manchester.
IM Properties has revealed details of an ‘urgently needed’ employment site in Sutton Coldfield neighbouring its Peddimore scheme in Minworth, North Warwickshire, which could include up to 126 acres for logistics use with the ability to accommodate a single unit of 1 million ft2.
Construction of a 42,593 ft2 midbox development has started in Trafford Park in the Northwest.
Yet again local councillors on a planning committee have gone against their planning officer recommendations and have rejected a logistics scheme with the result that the promoter is looking to appeal.
Online fashion retailer Boohoo has closed its US warehouse operation less than a year after opening and will serve US customers from its Sheffield DC instead.
Rents for large distribution warehouses have risen 5% year on year in 2024 according to latest research by Colliers.
A new wave of speculative logistics warehouse development is on the horizon after industrial and logistics space developer Panattoni successfully closed a £625 million development loan facility, to invest in speculative development in the UK.
Haulier Truswell Haulage has secured a sale and leaseback of its base in Barnsley, South Yorkshire releasing capital to reinvest in the firm.
Private equity real estate investor Paloma Capital and development partner Graftongate have completed the off market acquisition of a 5.77 acre industrial site in Bedfordshire where they intend to develop a £25 million Midbox warehouse scheme.
Around 850,000 ft2 of space for industrial and logistics uses is being proposed for the International Advanced Manufacturing Park in Sunderland in the Northeast.
Investor developer Indurent is planning to build a 502,000 ft2 mega shed at Heywood Distribution Park in Rochdale in the Northwest.
Private real estate investment firm Crosstree Real Estate Partners and urban development specialist Bloom has set up a £200 million joint venture to target down at heel urban industrial estates for refurbishment.
Chancellor Rachel Reeves has committed the Labour government to business rates reform in her first speech as Chancellor at the Labour Party Conference in Liverpool yesterday.
Parcel distribution company EVRi has secured its third warehouse in as many months with the acquisition of a 163,000 ft2 plus property in the East Midlands.
Campaigners against a massive 500 MW solar farm in Northamptonshire are calling for solar panels to be put on warehouse rooftops rather than using valuable agricultural land.
Industrial and logistics warehousing stock is ‘flavour de jour’ for investors with Real Estate Investment Trust Tritax Big Box poised to enter the FTSE Top 100 for the first time this month.
In an open letter published today, more than 70 leading retail CEOs have called on the Chancellor Rachel Reeves to level the playing field between industries and introduce a 20% Retail Rates Corrector as part of the Government’s business rates reform.
Developer investor and land regeneration specialist Harworth Group is proposing a 1.8 million ft2 industrial and logistics scheme near Rothwell in Northamptonshire.
Logistics developer and operator Citivale and investor Partners Group, have started vertical construction of 402,150 ft2 logsitics and industrial scheme in Darlington in the Northeast.
Developer investor SEGRO has completed its largest solar panel installation in London at SEGRO Logistics Centre Faggs Road near Heathrow Airport.