newsTimber processing and distribution business BSW Timber has bought the freehold of its 437,374 ft2 mission critical facility in Melton, East Yorkshire after the investment was put up for sale by landlord Kennedy Wilson with a £9.84 million price tag this year.
newsFunding to the tune of some £76.4 million is set to jump start two speculative warehouse development in Luton and London.
newsInvestor developer and FTSE listed UK Real Estate Investment Trust SEGRO saw a 44% increase in rent reviews and renewals in the first half of the year.
newsA 60,000 ft2 plus warehouse in Poole is to undergo a £2.4 million refurbishment following planning permission.
newsPrivately owned and family-run French developer BARJANE is promoting a 420,000 ft2 warehouse development on land next to the M69/M6 Interchange in Warwickshire, West Midlands.
newsEcommerce company Manthar Holdings, trading as Interior Homewares London, has snapped up Westbrook Partners’ newly refurbished warehouse, Unit 1 in Tyseley Park, Tyseley Birmingham.
newsDeveloper investors Indurent is bringing forward two industrial and logistics scheme in the Northwest totalling more than 400,000 ft2.
newsHillwood, with Maple Grove Developments have agreed terms with Welsh Government to speculatively develop a single industrial unit of 57,486 ft2 on a 4.85 acre plot at Brocastle Employment Park near Bridgend in South Wales.
newsBrackley Property Developments is aiming to submit outline plans for up to 1 million ft2 of R&D, Advanced Manufacturing and industrial and logistics space on a brownfield site in Derby following an Environmental Impact Assessment application.
newsPlans for up to 540,000 ft2 of warehouse space have been submitted for a site in Leeds, West Yorkshire.
newsOccupiers of UK warehouses have been given a reprieve after new PM Andrew Burnham announced that the 20% business rates discount offered to high street retailers and pubs would not be paid for with a hike in rates for warehouses.
newsPlans for a circa.170,000 ft2 midbox warehouse in Trafford Park, Manchester have been approved alongside alternative uses for a 280,000 ft2 data centre on the same site.
newsThe battle of the industrial and logistics developer giants looks to be coming to a head with the SEGRO board saying that US rival Prologis’s last minute £14 billion offer is in essence: ‘much more like it’.
newsA 2 million ft2 plus XXL build-to-suit warehouse is being proposed for an 84 acre greenfield site off Junction 25 of the M5 Motorway to the east of Taunton, Somerset with intitial proposals typical of the new generation Amazon warehouses being brought forward in Northampton, Melton near Hull and at Caddick’s 4.5 million ft2 EM.EX Worksop scheme in the East Midlands.
articleRight now, warehouses over 500,000 ft2 are hot property nationwide but are increasingly in short supply – if available at all on a regional basis. DTRE research reports that there were just 39 buildings over 300,000 ft2 at the end of May – the lowest supply level since December 2024. And the larger the building, the scarcer the beast with Knight Frank noting there are probably only eight or nine properties immediately available over 400,000 ft2. One such property is Ultrabox – a bit of a beast on the outskirts of East London…
newsOne of the largest property companies in the world Prologis has entered into a partnership with a consultancy Fulfillment IQ to accelerate AI adoption and automation across the supply chain.
newsPackaging company Graphic Packaging has taken a new lease on Unit A Frontier House Interlink Business Park in Leicestershire in the East Midlands.
newsUS industrial and logistics investor developer Prologis is set to build an ‘all-electric’ warehouse in the Northwest – its first in this region after acquiring a site in Trafford Park, Manchester.
newsOnline grocer Ocado has secured a last mile fulfilment centre at developer investor Indurent’s Indurent Park Stoke Central scheme in the West Midlands.
newsUK FTSE listed investor developer SEGRO has rejected a third offer from US rival Prologis stating that Prologis’s proposals have been opportunistically timed to capitalise on a dislocated share price.
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