LondonMetric Property has snapped up a million sq ft pre-let distribution complex in Northamptonshire following its recent £60m acquisition of a nearby site which already houses budget retailer Primark's central distribution hub. In the first deal —... Read More
The majority of large retailers now provide a home delivery or click and collect service to cater for changing shopping patterns. While this may reduce footfall in bricks and mortar outlets it has, at the same time, led to a greater need for warehouse space... Read More
As the North-East economy continues to strengthen, the region’s industrial and distribution companies are edging ever closer to a property crisis, one chartered surveyor has warned. The demand for so-called big sheds across the region is so high,... Read More
Commercial property is, once again, seen as an attractive investment as the market continues to pick up and this week LondonMetric confirmed that it has acquired Superdrug’s Doncaster distribution centre in a £13 million deal. The retail group purchased... Read More
Already one of Japan’s biggest distribution site owners and providers, Prologis is developing a new 440,000sq ft complex for retailer Töhoku CO-OP. To be constructed on a build-to-suit basis, the new facility will be located at Prologis Park Tomiya... Read More
After the best on-line Christmas sales ever, one of Britain’s leading accountants has warned that a distribution blue print is vital for continued growth. Traditional retail sales increased by just 0.4 per cent from December, 2012, but internet... Read More
Sladen Estates says it will create as many as 1,000 jobs from its plan to build a high quality employment park adjacent to the M1 in Nottinghamshire. The Derbyshire-based company has just bought the former Prologis Park site at Ashfield and intends to... Read More
As many as 1,000 new jobs would be created if Amazon is given the go-ahead for a million square foot Merseyside distribution centre. The application, formally lodged by Gallan Stoford on behalf of the internet shopping giant, is for a 22-hectare... Read More
Amazon has announced it is recruiting more than 15,000 seasonal staff across the UK to meet customer demand in the run-up to Christmas. The US internet retailer, which is expanding its UK operations, said it expected hundreds of the temporary staff... Read More
According to property consultancy Lambert Smith Hampton, confidence is beginning to return to the industrial and distribution sectors of the West Midlands commercial market. The return of speculative investment in the sector is one of the indicators the... Read More
