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 […]
Retailer Argos has said a week-long strike by warehouse staff at five of its DCs had no impact on its service to customers.
A double-digit rise in income from its expanding warehousing operation helped food logistics service provider Grocontinental achieve a 6% increase in turnover in the year to 31 October 2014.
Yearsley Group has welcomed a decision by Peterborough City Council’s planning committee to approve the construction of buildings up to 35m high at the Gateway Peterborough distribution park, where it intends to build a new 385,000ft2 cold store. The decision means Yearsley can now proceed with a planning application for its new warehouse, which a spokeswoman said it would probably submit in February. Subject to approval, the new cold store in the Great Haddon Employment Zone will be built in […]