LondonMetric Property PLC has acquired the 410,000 sq ft Eddie Stobart distribution facility in Dagenham from Meaalofa Developments Holdings Limited for £56.5 million. The 28 acre site is currently let to Eddie Stobart for seventeen years, with a rent of... Read More
A Barnsley logistics and distribution centre has been sold for a total of £30m to a joint venture between Credit Suisse and Westmount Real Estate. The 492, 000 sq ft warehouse is currently let to bedroom, bathroom and kitchen supplier Symphony on a 25... Read More
One of Britain’s fastest growing cut price retailers is hoping to put together a sale and leaseback deal on its Merseyside Qube distribution centre. B&M Bargains — which is asking £36.5m for its 500,000 sq ft Estuary Commerce Park warehouse... Read More
Amazon continues to be one of the major powerhouses of internet retailing, with millions of consumers placing orders worldwide each year. Yet in order to remain ahead of the increasingly strong competition, the online giant has recognised the need to invest... Read More
An MP has claimed the go-ahead for an eight-million sq ft Northamptonshire logistics terminal could wipe out unemployment in his constituency. The developers of the DIRFT III site at Daventry say it will create at least 9,000 jobs. After three months... Read More
The global real estate investment trust Prologis has signed two deals to deliver almost a million sq ft of build-to-suit logistics space in China and Mexico. The biggest contract is for a 500,000sq ft distribution centre in Mexico’s third largest... Read More
As internet retailers continue to grow their market share at an astounding rate, many of the larger site operators have been driving demand for ‘Big Shed ‘distribution centres. Amazon’s fulfillment centre in Rugeley already measures around the... Read More
Screwfix this week announced a large scale investment into the growth of its Stoke-on-Trent based distribution centre. Under the plans, which have already gained approval from the local authority, Screwfix’s existing 320,000 sq ft facility will almost... Read More
Prologis and the Emirati marine terminal and port operator DP World have teamed up to speculatively build a distribution centre at London Gateway Logistics Park. The fifty-fifty 316,000sq ft joint venture is being designed to offer the maximum... Read More
Prologis is to complete its existing Heathrow industrial park with the speculative build of two logistics facilities totalling almost 140,000sq ft. Prologis Park Heathrow, close to Junction 4 of the M4 motorway, is just over a mile from the main... Read More
