EXCLUSIVE: SEGRO submits plans for Coventry mid box scheme
Developer investor SEGRO has submitted plans for a 12-unit mid box industrial and logistics scheme on a 29-acre site in development on land off Firefly Road, Whitley South near Coventry.
Developer investor SEGRO has submitted plans for a 12-unit mid box industrial and logistics scheme on a 29-acre site in development on land off Firefly Road, Whitley South near Coventry.
Hinckley & Bosworth Council planners have approved the development of Pall-Ex’s new Group HQ and flagship hub operation.
European industrial real estate developer VGP has appointed contractor Glencar to build out an 835,000 ft2 multi-unit warehouse scheme on a site in the East Midlands that it acquired earlier this year for circa. £20 million.
Independent builders’ merchants MKM has secured a 10 year lease extension on its 3.6 acre Stoneferry Road, Hull bringing its total lease commitment to 21 years, underlining the mission-critical role the site plays, including acting as the company’s central support base.
3PL DHL has taken Kans & Kandy’s 100,000 ft2 refurbished warehouse in South Tyneside.
Avon Freight Group has taken a warehouse at investors manager Cain International’s 451,621 ft2 two-unit Redditch Gateway scheme in the West Midlands.
Busy industrial and logistics developer Panattoni has bought a 70-acre site in Kent to develop a million ft2 plus industrial and logistics scheme.
Demand for warehouse space to satisfy ecommerce retailing is set to increase by some 55 million ft2 over the next ten years despite a lack of overall consumer confidence said Newmark partner Will Laing at last week’s Tomorrows Warehouse event in Manchester.
Developer Indurent has secured a resolution to grant planning permission for a 655,000 ft2 industrial and logistics development at Dunston in South Staffordshire adjoining Junction 13 of the M6 motorway.
Developer Stoford has submitted a hybrid planning application for a new c.1.1 million ft2 industrial and logistics scheme in Northwich, Cheshire, with a GDV of £200 million.
Planners have recommended approval for the development of Pall-Ex’s new £80 million distribution centre and national headquarters in Leicestershire ahead of a planning committee meeting this week despite circa.150 objections.
3PL DX has opened two new ‘Super sites’ in Birstall, West Yorkshire and Wellingborough, North Northamptonshire to boost its two man delivery network DX-2
Door supplier JB Kind has opened at new distribution centre in Barnsley taking Wilton Development’s 77,804 ft2 Unit 2 facility at Enterprise 36 in Tankersley.
The association has highlighted unintended consequences for industrial and logistics properties, such as lowering funding levels for warehouses.
The West Midlands Interchange (WMI) site is being developed by Oxford Properties, and Logistics Capital Partners (LCP).
Delegates listening in to the Tomorrows Warehouse Property Theatre earlier this week were told that Amazon was firmly back in the market for warehouse space as ecommerce spend continues to increase.
Construction has stared on the UK’s largest speculative warehouse, the 915,000 ft2 plus Unit S915 at Panattoni’s 370-acre Panattoni Park Swindon in the Southwest by contractor Winvic.
Asset manager, investor and developer Logicor has let its first unit at it Logicor Park Altincham its first multi-let industrial development in the UK.
Developer Indurent confirmed that it has relocated and upsized its existing tenant, Regency Glass, to its 420,000 ft2 + warehouse at Omega Park, Warrington.
As the UK focuses on economic recovery and long-term resilience, the logistics sector has an opportunity to drive innovation and investment.