Frustrated by its search for a new northern logistics hub, Amazon has taken a temporary lease on a Warrington warehouse. The global online seller has been searching for a 12 million sq ft site for more than two years and is known to have examined and... 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
Niche real estate and distribution specialists, B8 Real Estate (B8RE), has been appointed sole agent for what it describes as the biggest speculative industrial development on Merseyside for years. Developer New Capital Knowsley will start work next... Read More
DTZ Receivers has announced the sale of its second multi-million pound portfolio of distressed properties in less than a week. Yesterday we reported the real estate adviser has ordered the off-loading of a triple-asset portfolio that included two Scottish... Read More
Peel Ports has confirmed it is hoping to attract a single one-million square foot occupier to its planned logistics base on the banks of the Manchester Ship Canal. The 75-acre facility is being constructed on the site of the former Bridgewater paper... Read More
Business space investor and manager, Segro, has demonstrated its commitment to the Midlands’ logistics “golden triangle” by acquiring three distribution warehouses in the region for just under £50m. The portfolio — made up of fully let... Read More
Warwickshire developer IM Properties recorded a drop in profits of £6m for the financial year ended December 2013. The firm, which is known for developing large-scale distribution and logistics facilities, made pre-tax profits of £16.6m. The company... 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
A joint venture company has submitted plans for the first phase development of a multi-million pound logistics and manufacturing hub in Yorkshire. The London-headquartered Evans Property Group and Keyland Developments, a sister company of Yorkshire... 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