In association with the UK Warehousing Association (UKWA), a report by Savills has showed that the current total volume of existing warehouse space in the UK is 424 million sq ft, with a nationwide vacancy rate of 7.5%. It also looks into warehousing... Read More
LondonMetric Property has announced the acquisition of Next’s Doncaster distribution warehouse for £29 million, reflecting a net initial yield of 6.3per cent. The off-market purchase, from a private property company, will be funded from London Metric’s... Read More
Work is expected to start before Christmas on the latest expansion of a 200-acre Derbyshire distribution and business park. The latest speculative build will add a 100,000sq ft warehouse and office building to the Markham Vale enterprise zone site with... Read More
During the recession, a wave of administrations in the retail industry led to widespread store closures and contributed significantly towards high vacancy rates across the country. However, with business confidence now on the rise and a large number of... Read More
A High Court judge yesterday ordered the Metropolitan Police to settle a multi-million pound bill for the destruction of an Enfield warehouse during the riots that took place in the summer of 2011. Many commercial properties were damaged during the... Read More
Online fashion retailer ASOS has announced plans to extend its Barnsley distribution hub to double storage capacity and continue its growth. The plans follow the news that the global company, in one of Europe's largest logistics deals, has awarded a... Read More
One of Britain’s most popular supermarket chains has landed itself in hot water with Border Force this week.... Read More
Commercial real estate investors who are looking for new places where they can diversify their portfolios may want to consider properties for sale in Broken Hill and Kalgoorlie-Boulder.... Read More
UK commercial property owners have cause for concern as values continue to drop in the face of the European debt crisis.... Read More
Great Britain is becoming an increasingly expensive country to live and work in. Fuel is at a record high price, and this has had the knock-on effect of raising the prices of essentials, from food to clothing.... Read More
