Valor signs for two London sites
Last mile real estate specialist Valor has spent nearly £40 million acquiring two sites in London for urban/last mile warehouse development.
Last mile real estate specialist Valor has spent nearly £40 million acquiring two sites in London for urban/last mile warehouse development.
The London Gateway Motorway Service Area in Edgware could be consolidated with subsequent surplus land redeveloped for logistics purposes.
A national £68 million funding package to unlock development on brownfield land is targeting housing at the expense of commercial, industrial and logistics development warns planning body.
Perishable products specialist freight forwarder Rhodes Freight Services has secured a 40,000 ft2 warehouse on SEGRO’s Slough Trading estate in the Southeast.
Developers Indurent and PLP have submitted planning to North West Leicestershire Council for a 644,000 ft2 speculative logistics facility in the Midlands’ Golden Triangle.
Developer Prologis has secured planning approval for the final element of its 19.75-acre industrial and logistics scheme on the former Vauxhall Motor headquarters in Luton in the Southeast.
Developer, Stoford has secured 82 acres of allocated employment land in Cheshire that could provide up to 1.1 million ft2 of industrial and logistics space creating hundreds of jobs for the region.
Increases in rent levels have boosted income for investor LondonMetric with rental uplifts of up to 25% recorded on urban warehousing reviews.
Midbox developer Chancerygate has started construction on a new 103,000 ft2 Grade A urban logistics development in Southwater, near Horsham.
Private logistics provider Uniserve is planning a 947,000 ft2 mega shed on the former Prinovis printworks site in Liverpool in the North west which it acquired last year.
Counter terrorism experts across Europe are calling on businesses to have extra care and vigilance following series of fires in warehouses in Germany and the UK.
Chancellor Rachel Reeves is reported to be looking to target online retailers such as Amazon through business rates reform which she is expected to outline in the Budget next week.
Plans for an integrated rail freight logistics hub on the 30-acre former Bow Goods Yard in East London have been given the go ahead by planners.
Two warehouses totalling some 147,633 ft2 of space have been pre-sold prior to practical completion scheduled for Q1 2025 in Buckinghamshire.
Luxury shoe and fashion accessories company Russell & Bromley has opened a state of the art distribution centre in Corby.
Two office buildings on the Buckingway Business Park in Cambridge, have been acquired with the intention of redeveloping the sites for industrial uses.
B&M Retails has taken Cain International’s 674,000 ft2 Link 674 warehouse at Ellesmere Port in the Northwest – in one of the biggest speculative warehouse deals of the year – although they are not saying anything about it officially yet.
Hot on the heels of the announcement that Hortons has pre-let a 58,000 ft2 building at Saxon Park, comes the news that is has secured planning for the redevelopment of a vacant warehouse unit on the same scheme.
A former ice rink in Bracknell in the Southeast is being turned into warehouse space.
3PL Synergix Logistics Solutions has relocated from West London to Reading in a move local property experts say reflects a trend of traditional occupiers looking to more affordable locations outside the Capital due to displacement and high rents.