Whether they have been forced to consider second-hand space because of a lack of new buildings or prefer it for cost reasons, occupiers have become used to a wide choice of warehouses. Now, however, they are facing a reduced supply. Overall, the amount of second-hand space available in units above 100,000ft² fell by 4% in 2012, according to CBRE’s UK Occupier Market Overview. This is lower than the 29% reduction in new space in that size band but the second-hand […]
Wincanton has won a contract with homeware retailer Williams-Sonoma, which is launching in the UK this month.
Ceva Logistics has won 10-year contracts with four major retailers with a combined value of $400m (£260.2m).
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.