EXCLUSIVE: Online Music company secures York warehouse
UK’s largest online retailer of musical instruments and music equipment, Gear4Music is set to agree a 15 year lease on a new distribution centre in Yorkshire.
UK’s largest online retailer of musical instruments and music equipment, Gear4Music is set to agree a 15 year lease on a new distribution centre in Yorkshire.
The Chancellors decision to finally end the ‘de minimis’ rule which exempts parcels under £135 from paying customs by 2029 at the latest is expected to boost warehouse take up.
The Chancellor has adopted a lower higher rate business rates multiplier for properties valued above £500,000 than originally feared but occupiers and owners of distribution warehouses will still pay an additional £270 million over the period 2026-27 to 2028-29 and the level playing field between the high street and online retailers will not materialise next year.
Developer investor SEGRO has submitted an Environmental Impact Assessment ahead of a formal planning application for 1.1 million ft2 of industrial and logistics space on a site in Reading in the Thames Valley.
Developer investor Prologis has paid fashion retail giant Next £54.1 million for its Waltham Abbey site in Essex.
There’s something for everyone at The Warehouse Transformation Awards.
Recent headlines have called warehouses ‘monstrous’, ‘blights on the landscape’, bringing neighbours to tears and destroying lives and, whether logistics companies actually have a hand in their design and development or not, the bad publicity taints. So, should warehouses be prettier? Liza Helps explores.
Chinese e-commerce conglomerate JD.com’s property arm Jingdong Property advised by developer Prime Box is set to refurbish the circa.330,000 ft2 ASDA regional distribution centre in Wigan following its acquisition this week.
Global transport and logistics company DSV has signed up as the first tenant for the next phase of IM Properties’ 5 million ft2 + Mercia Park scheme in Leicestershire.
Berkeley Group has appointed Stoford as development manager to lead the delivery of MK East, a 200-acre prime logistics development site off Junction 14 of the southern M1 motorway near Milton Keynes.
Developer Verdion has teamed up with investor L&G to bring forward a £30 million urban logistics scheme on a 2.6-acre brownfield plot in Woolwich, Southeast London.
Composite fencing and decorative panels supplier and distributior Charles & Ivy has snapped up Triton Property Fund’s recently refurbished 82,500 ft2 Electron warehouse on the Stakehill Industrial Estate in Manchester.
An Amazon-like state-of-the-art last mile parcel hub is being mooted for a site near the Chiverton Cross interchange on the A30 dual carriageway in Cornwall.
Green energy experts have launched a new guide for the sector showing how solar PV can cut costs, support electrification and strengthen sustainability
Routeco a leading distributor of industrial automation and control products, has signed a pre-let agreement on a multi-million-pound new warehouse being developed in Buckinghamshire.
Developer Chancerygate has acquired a five-acre site from Farmfoods in Avonmouth, Bristol, for an undisclosed sum, to speculatively develop 135,150 ft2 urban warehouse scheme.
The Planning Inspectorate will decide whether a third generation specialist 3PL can or cannot expand its warehousing at the industrial estate where it has been based for the past 30 years.
Bathroom furniture supplier Roper Rhodes has taken a warehouse at developer BGO and joint venture partner Equation Properties’ 65-acre Matrix 49 scheme in Avonmouth.
A Leicestershire-based packaging company has expanded its operations after securing Unit 7 at Leicester Distribution Park on Sunningdale Road by way of an assignment of the lease.