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. Subdued economic activity in 2012 “acted as a drag on property demand”, said the report, with total industrial and logistics take-up in units of over 1,000ft2 totalling 75.3m ft2 (2011: 96.3m ft2). The fall in take-up was greatest for units under 100,000ft2, where it […]
Online retailer Shop Direct – owner of the Very and Littlewoods brands – is to open a 500,000 ft2 automated fulfilment centre near Castle Donington in Leicestershire.
Pall-Ex member FTS Hatswell wants to expand its storage capacity further since moving into bigger premises in June last year. It moved into the new 67,500ft² warehouse in on the Deeside industrial estate in Flintshire last summer, extending its operation that was previously based there and increasing its storage capacity to 185,000ft² over three sites. Financial director Colin Broster said the additional space is already “more or less full” since the firm won new customers and received increased business from […]
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 […]