Report: Logistics leads UK property growth
Logistics property is expected to be one of the fastest-growing sectors of the UK property market, and is expanding more strongly than any time since 2007, new data reveals.
Savills' quarterly snapshot of commercial property development activity shows warehouse and logistics property growing faster than any other property sector.
Landlords step up to recycle older warehouses
A 32,000 sq ft Reading warehouse is to be converted into a casino, as landlords step up plans to recycle older properties.
The latest recycling plan sees a 32,370 sq ft property at Rose Kiln Lane, Reading, prepared for conversion into a casino by operator Grosvenor Casinos.
Royal Mail to occupy Chorley DC
Royal Mail is to occupy a 312,000 sq ft distribution centre at Chorley as the supply of Lancashire warehouse sites runs low.
Royal Mail’s Parcelforce subsidiary is to take two units at Evander Properties’ Revolution Park, part of the Buckshaw village development in Chorley.
New report says warehouse rents will hold steady
Warehouse rents will not begin to rise until at least 2014 - except in the South East.
The GVA Industrial Intelligence monitoring report, published today, predicts that distribution property rents will hold steady for the next two years.
Former Jacuzzi (UK) warehouse to be let
A 140,000 sq ft West Yorkshire warehouse has been put on the market as the supply of larger logistics units in the county tightens.
The former Jacuzzi (UK) warehouse at Birstall is being let by the company. The quoting rent for the 1990s building is £3.50 a sq ft. It is likely to be let as a single unit.
Demand for northern European warehouses grows
Demand for warehouses in northern Europe is growing fast, according to new figures from BNP Paribas Real Estate.
The property consultancy says take-up grew by 56 per cent in the Netherlands and by 34 per cent in Germany, where total logistics deals totalled more than 52m sq ft.
Page 2 of 34 pages
< 1 2 3 4 > Last ›
