Tag: Industrial Property

Edinburgh Land Sale Reflects Recovering Market

Posted on 19 December, 2013 by Cliff Goodwin under Commercial Sales and Lets

A 48-acre Edinburgh development site has sold for 50 per cent over estimate, reflecting the strength of Scotland’s recovering property market. Jones Lang Lasalle had valued the 48-acre plot and an adjacent 60,000sq ft building at £10m in response to... Read More

North-East Demand on the Rise

Posted on 11 December, 2013 by Cliff Goodwin under Industry News

Demand for shops, offices and industrial space in the North-East has seen its first real rise since 2011. According to the Royal Institution of Chartered Surveyors around nine per cent more of its regional members reported rises rather than falls in... Read More

JCB plans Major Expansion in Staffordshire

Posted on 8 December, 2013 by Kirsten Kennedy under Business News, Commercial Developments

Manufacturing has once more become one of Britain’s largest sources of income, with the industry behind only the services sector in terms of growth and employment. This has led some of the country’s largest manufacturers to seek rapid expansion in order... Read More

DHL confirmed as first Airport City Pre-Let

Posted on 29 November, 2013 by Jodee Redmond under Commercial Developments

DHL has been confirmed as the first pre-let for Manchester’s £800m Airport City scheme. The delivery group has signed up to take a 37,000 sq ft building at the new world logistics hub. Company chief executive Phil Couchman says that DHL's investment... Read More

Industrial Output and Property Investment on the Rise

Posted on 25 November, 2013 by Kirsten Kennedy under Business News, Industry News

British manufacturing firms are enjoying a boom period following years of recession, with both domestic and overseas demand leading to strong job creation within the sector. In fact, growth in the manufacturing industry is only outstripped by that in the... Read More

Jobs Boost As SIG Opens Gateshead Supercentre

Posted on 24 November, 2013 by Cliff Goodwin under Business News

Seventy jobs will be created when SIG opens its new distribution “supercentre” on Tyneside next month. SIG Distribution — a division of the FTSE-listed construction supplies firm SIG plc — has almost completed work on a £2m depot on the former... Read More

US Investors look to Secondary Markets

Posted on 15 November, 2013 by Jodee Redmond under Worldwide Property News

According to forecasters, the US recovery will continue into next year and investors will look beyond the traditional markets into secondary ones to get higher yields. The report was co-published by PwC US and the Urban Land Institute (ULI). San... Read More

Train Building Returns to North-East

Posted on 14 November, 2013 by Cliff Goodwin under Business News

Work has started on a £82m project to return train making to the birthplace of the railways. The workshop of the Stockton and Darlington Railway which opened in 1825 Hitachi Rail Europe eventually plans to deliver more than 860 carriages from its new... Read More

Manufacturing Upturn Lifts Factory Employment

Posted on 2 October, 2013 by Kirsten Kennedy under Economy

The manufacturing industry is currently experiencing an upturn in the UK, with a favourable export market and high demand within the Eurozone leaving many businesses with more custom than they have seen since the pre-recession years. This has led to a large... Read More

Latest Jaguar Investment to create 1700 New UK Jobs

Posted on 12 September, 2013 by Kirsten Kennedy under Business News

The manufacturing sector has become a powerhouse of British industry in the past year, with many firms choosing to rapidly expand thanks to a booming exports market. However, there are concerns that a shortage of skilled workers such as engineers may limit... Read More