The availability of modern warehouses is set to reach a six-year high according to property agent and advisor Cushman & Wakefield – but there are huge regional variations within the UK. Currently there is 5.6 million ft2 of speculative space under construction which will boost the availability of Grade A buildings – consisting of new and modern second-hand space – to 20.6 million ft2 at some point this year, the highest figure since Q4 2011. However, much of the development […]
Allport Cargo Services is to relocate its less-than-container load (LCL) deconsolidation service to the port of Felixstowe after signing a three-year contract with PD Portcentric Logistics.
Total industrial and logistics floorspace take-up fell 22% last year due to weak economic conditions and a shortage of good quality stock, according to property consultancy Jones Lang LaSalle’s latest UK Industrial Property Trends Today report.
Uncertainty over EU workers’ future employment rights is a “major concern” given that 10% of the UK’s driver workforce is from the EU, the FTA has warned.