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
Demand for commercial property in the North-East has become so critical that even a 200,000sq ft development underway on the region’s biggest industrial estate will do little to ease the pressure, a senior agent has claimed. After four years of... Read More
Industrial property in the Australian market delivered returns of 12.1 per cent over the year ended June 30 2014. This exceeds the returns from retail and office property, which generated returns of 9.8 and 9.0 per cent, respectively. The strong... 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
A £2.5m local authority sponsored grant has kick-started the construction of a 110-acre Yorkshire distribution and manufacturing development. Leeds City Council brokered the financing deal — with cash from the Government’s Building Foundations for... 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
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
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
