Sale ends soon…
An uptick in enquiries and viewings in London & the South East means occupiers may only have a short window of opportunity – Liza Helps investigates.
An uptick in enquiries and viewings in London & the South East means occupiers may only have a short window of opportunity – Liza Helps investigates.
Recent news that a site in Park Royal, London was sold for roughly half what it was worth in 2021 does not mean occupiers will see land prices dropping nor rents slowing, explains Property Editor Liza Helps.
Jingdong Property the real estate arm of Chinese e-commerce giant JD.com, is looking to lease its 360,000 ft2 plus warehouse in Milton Keynes on the departure of short-term tenant John Lewis.
Industrial and logistics construction moderates from 2022 peak as higher interest rates and build costs bite, according to property analyst CoStar.
European industrial real estate developer VGP has secured its second site in the UK and has appointed a contractor to carry out demolition works.
Specialist healthcare 3PL Life Couriers UK, is doubling its warehouse presence at Federated Hermes’Fareham Reach scheme in Gosport on the South Cast.
Northampton Town Football Club was secured planning permission for a 375,821 ft2 industrial and logistics scheme from West Northamptonshire Council for land next door to its Sixfields Stadium.
Specialist automotive storage provider Birch has secured a 15 year lease on Prologis’ 124,223 ft2 Brooklands DC1 unit in Weybridge, Surrey.
Associated British Ports (ABP) has completed the letting of a brand-new 120,000 ft2 Grade A logistics facility in Cardiff, South Wales to E-commerce giant and 3PL Amazon for use as a last-mile delivery station.
A 2.9 acre site in Park Royal with planning permission for a circa.111,000 ft2 plus warehouse has sold for £24.51 million roughly half its value in 2021 when the site sold for around £48 million.
Specialist pharmaceutical logistics supplier Allogoa has taken the last unit at developer Panattoni’s 575,000 ft2 Panattoni Park J28 Central M1 industrial logistics scheme in South Normanton, Derbyshire in the East Midlands.
Developer Panattoni and Japanese investor Mitsui Fudosan have submitted proposals for a new £135 million logistics scheme which will see the redevelopment of the 29.5-acre Morrison’s Hardwicke Grange site in Warrington that was acquired last year.
Royal London Asset Management Property and development manager Graftongate have submitted plans for 500,000 ft2 plus of industrial and logistics space on the former Abbey Works site in Fareham, Hampshire in the Southeast.
Amazon is trail blazing a new international sustainability model in the UK which could transform the way it builds its logistics properties, with a delivery station in Stockton on Tees in the UK.
Developers have been given the go ahead to demolish an office building and build a warehouse scheme on a site in Birchwood, Warrington in the Northwest.
HBD/Feldberg Capital joint venture Origin has begun work on the second phase (c.£9m) of its £30 million ARK industrial and logistics scheme at Markham Vale in Derbyshire, with a circa.54,000 ft2 midbox unit.
Specialist two-man home delivery company BJS Distribution has snapped up a 260,000 ft2 plus warehouse in Wednesbury in The Black Country to accommodate expansion.
Councillors have approved a planning application for two warehouse units totalling 542,00 ft2 which have been pre-let to an as yet unnamed major Chinese ecommerce retailer at Clowes Developments’ Dove Valley Park in Derbyshire.
JD.com continues with its warehouse take-up spree by snapping up a 150,000 ft2 temperature controlled facility in Bedford.
Chinese conglomerate JD.com’s self-operated B2C express delivery service JoyExpress has taken its first dedicated hub in the Northwest