Warehouse occupation ticks up
The amount of warehousing space taken up over the third quarter of 2023 was up despite the heavy economic headwinds.
The amount of warehousing space taken up over the third quarter of 2023 was up despite the heavy economic headwinds.
CBRE Investment Management (CBRE IM) and Chancerygate have formed a joint venture partnership to develop urban logistics schemes on behalf of an investment fund sponsored by CBRE IM and has options and sites to deliver 450,000 ft2 of warehouse space already.
Independent logistics firm, Hemisphere Freight Services, is set to expand its warehouse capacity at Port One Logistics Park in Suffolk.
Fisher German and FHP property Consultants have been picked as joint letting agents on the design and build phase of Clowes Developments’ 1 million ft2 Fairham Business Park in Nottingham.
Land promoter Richborough Commercial is pushing forward a 23-acre site for industrial and logistics development in Bedfordshire.
Plans for an industrial development at the site of the former Littlewoods Home Shopping Group in Sunderland are set to get the go ahead next week.
Global medical and scientific research products manufacturer Greiner Bio-One is moving to a new multi-million-pound office and warehouse facility in Stonehouse, near Stroud.
Overseas investors spent £600 million on warehousing in the Midlands in the third quarter of 2023 as international investors bet on the continuing strength of the UK’s logistics heartland according to real estate analytics firm CoStar Group.
Firethorn Trust as reached practical completion of Barnsley 340, a speculative warehouse development in South Yorkshire, owned by investment firm Cain International.
Tungsten Properties is to build an urban logistics scheme on a 6-acre site adjacent to Hampshire Industrial Park in Basingstoke.
Aviation component supplier J2 Aerospace has taken a warehouse at Westcott Leach’s latest phase at its Swallow Enterprise Park in Hailsham East Sussex.
CBRE Investment Management has confirmed that is has let its outstanding Solar120 refurbished warehouse in Warrington.
Developer BentahallGreenOak and Equation Properties have secured a second pre-let at their 1.2 million ft2 Horizon 29 scheme in Bolsover, Derbyshire.
Beleaguered online fashion retailer ASOS is mothballing its £90 million state-of-the-art warehouse in Fradley Park, Lichfield following further falls in sales.
Discount supermarket Lidl has secured planning for a new regional distribution centre in Leeds, Yorkshire.
A former Biffa warehouse in South Tyneside has been transformed following multi million pound refurbishment.
Property company Harworth Group has secured planning permission for the development of 800,000 ft2 of industrial and logiscts space at its 50-acre Skelton Grange site in Leeds.
DX Group is opening a £12 million regional hub at Verdant Regeneration’s 200-acre New Stanton Park scheme between Derby and Nottingham in the East Midlands.
Food wholesaler Shankar Foods has snapped up one of Orchard Street Investment Management’s newly refurbished warehouse units at its Nimbus Park industrial estate in Dunstable to facilitate its UK expansion.
3PL Knights of Old’s 120,000 ft2 warehouse in Northamptonshire has been put on the market for £8.25 million through its administrators.