Two deals for Yorkshire scheme
Henderson Park and Cole Waterhouse have secured two tenants on their 136-care million ft2 plus Konect62 industrial and logistics scheme in Knottingley, Yorkshire in the space of a month.
Henderson Park and Cole Waterhouse have secured two tenants on their 136-care million ft2 plus Konect62 industrial and logistics scheme in Knottingley, Yorkshire in the space of a month.
According to a sneak peek at property consultant DTRE’s 2024 Q2 industrial and logistics report due out on Monday the amount of space let or sold has increased by more than 10% quarter-on-quarter.
Three-to-Five year leases now occur more frequently than agreements of five years-plus according to the latest figures from property analyst CoStar.
DUTCH FASHION and lifestyle brand logistics company Bleckmann has taken GLP’s 587,662 ft2 speculatively built MPC 3 warehouse unit at Magna Park Corby in the East Midlands.
Real estate developer Panattoni, is set to develop a 770,000 ft2 speculative warehouse in Yorkshire after securing forward funding through Barings to acquire and develop a 65 acre site on the Nottinghamshire/Yorkshire border.
WEST BERKSHIRE Council’s economic development team are supporting developer Panattoni’s resubmitted proposals for a warehouse development in Theale just off Junction 12 of the M4 motorway.
Real estate investor developer Logicor has appointed construction company Glencar, to build out its Bolton 330 warehouse at Little Hulton in the North west.
Amazon is rumoured to be taking Panattoni’s 882,000 ft2 speculative warehouse at Panattoni Park Avonmouth in the South West as it gears up to take advantage of an expected growth in ecommerce over the next year.
Developer Trebor is looking to speculatively develop a warehouse in Wigan following an off-market acquisition of a 7.3 acre plot at Martland park.
Clowes Developments has bought a 35-acre site in Mansfield, Nottinghamshire which has outline planning for both homes and industrial and logistics space.
Prologis has leased three recently refurbished warehouse units in Kettering, Ryton and Rugby in the Midlands.
PARCEL DELIVERY company EVRI has secured a brand new Grade A warehouse in Sheffield on a ten year lease.
Greggs has chosen Tritax Symmetry’s 2.31 million ft2 Symmetry Park Kettering scheme in the East Midlands, as the location for its new state-of-the-art national distribution centre.
Grey space – which in property terms means whole or part warehouses for sole use of another occupier that is on the market either via assignment or sub lease – is at an 11-year high according to property analyst CoStar Group.
The former Knights of Old Kettering campus is to undergo a substantial refurbishment following its acquisition by Cabot Properties earlier this year for £7.9 million after the 3PL’s parent company went into administration.
Stihl GB has sold its former 79,053ft2 distribution and headquarters building in Camberley in Surrey following a move to a new 170,000 ft2 purpose built facility last year.
Sportswear giant JD Sports is reviewing the future of its 514,193 ft2 warehouse in Derby after entering a consultation period with staff.
Investors are snapping up single let warehouses in the UK with sentiment returning to the market, but they are seeking mission critical and reversionary deals.
The Midlands accounts for half of all logistics space transactions so far this year according to the latest research from property companies Savills and JLL.
Developer Prologis’ is targeting BREEAM Outstanding for its five new units at its Prologis Park Hemel Hempstead scheme at Maylands Business Park in the South east.