In Depth Focus on Midbox – Investor interest grows
Investors are all over the midbox warehouse sector but is that good news for occupiers? Liza Helps investigates.
Investors are all over the midbox warehouse sector but is that good news for occupiers? Liza Helps investigates.
For those that can there are deals to be had in the Midlands, reports Liza Helps.
Chinese eCommerce companies are extremely active in the UK, especially as a result of US tariffs, says Liza Helps, Property Editor, Logistics Matters.
Discount retailer Lidl has announced that has spent some £285 million tripling capacity at its Belvedere distribution centre and is set to start a £150 million investment with the construction of a 581,200 ft2 distribution centre in Leeds.
DPD Group has agreed to a bespoke distribution hub at St Francis Group’s 1.7 million ft2 Logic 54 scheme in South Staffordshire.
Luxury gift packaging supplier Glick has secured a new distribution centre and head office building, to allow for ambitious expansion plans.
Plans have been submitted to expand Airport Business Park Southend by a further circa.71,000 ft2 to provide sustainable space for SMEs.
Developer Chancerygate and investor CBRE IM have been granted planning permission for their 105,000 ft2 urban logistics development in Eccles, Greater Manchester
Marks & Spencer, has confirmed that it is building a £340 million state-of-the-art automated national distribution centre at Prologis’ RFI DIRFT III scheme at Daventry in the East Midlands after a West Northamptonshire strategic planning committee met to discuss the proposal on Tuesday this week – where plans had been recommended for approval.
The Guide Association, widely known as Girlguiding, has taken a warehouse in Altrincham in the Northwest as its main UK distribution centre.
Parcel operator InPost is believed to have taken a lease on a 120,000 ft2 last mile warehouse in Greenwich which would make it the largest deal in London in two years.
A new big box record rent of has been achieved for the Northwest, with a letting of a 124,980 ft2 warehouse space in Warrington.
Nearly 400 million ft2 of warehouse space across the UK and Europe will be needed for direct and indirect logistics related to the defence industry according to an upcoming report by Savills, on rising defence spending as part of the UK’s Strategic Defence Review (SDR) and new NATO commitments.
Investor developer Prologis UK subsidiary Prologis UK Mobility is proposing its first UK eHGV charging station at its Prologis Park Kettering site in Northamptonshire.
Planning officers at West Northamptonshire Council have recommended that the planning committee approves a million ft2 plus super hub widely known to be for occupation by M&S next week.
Kier Property has bought a four-acre industrial site at Sharston Industrial Estate in South Manchester for a planned last-mile logistics development.
Savills latest Big Shed Briefing report notes that there is no Grade A warehouse space over 100,000 ft2 immediately available in Scotland.
Independent European manufacturer of sealants, adhesives and polyurethane foams Soudal Group has taken a circa 50,000 ft2 warehouse at Indurent’s 32-acre Indurent Park Tamworth scheme in Staffordshire.
Experts will be at Tomorrow’s Warehouse Manchester to help address occupier occupier concerns in the fast-changing and high stakes world of warehouse property
International parcel and logistics group DHL has sold two development plots in the East Midlands to Singaporean listed real estate investment trust CapitaLand Ascendas REIT for £56.4 million.