Lack of warehouse building activity in Scotland has seen rents for 10-50,000ft² warehouses in Scotland grow three times faster year-on-year than the UK average. According to commercial property firm Colliers International, the lack of warehousing was hampering growth in the retail distribution sector. Prices for prime industrial space rose on average 7.7% in the 12 months to July 2017, compared to a rise of 2.3% in the UK as a whole, to the current Scotland average of £7.59 per ft². This […]
Essex-based Canute Group has bought its 12th warehouse site, a facility in Great Blakenham, Suffolk. The development marks the 12th site to be added to Canute’s expanding portfolio of facilities throughout the UK, following the addition of the Coventry and Warrington depots. Supporting the Port of Felixstowe, the 105,000ft² site will have up to 12,500 pallet spaces, small item picking and bulk stack areas. David Emslie, Canute’s group sales director, says: “The location of the depot, with its close proximity […]
Norbert Dentressangle has confirmed plans for a new 295,000ft² central UK hub at Crick, in Northamptonshire, which will lead to the closure of two depots at Northampton and Rowley Regis.
Panther Warehousing has inked a deal with window and door manufacturer Euramax Solutions to deliver its products on behalf of major DIY retailers including Wickes and Screwfix.