Prologis is developing the largest speculative build since the UK’s referendum on EU membership, a 275,000ft² DC at its Marston Gate site. Located next to the 151,000ft² national DC that Prologis is building for furniture retailer Dwell, the speculative facility will complete the second phase of Prologis Park Marston Gate, which is located south-east of Milton Keynes. Andrew Griffiths, MD at Prologis UK, said: “Although the referendum caused a hiatus in speculative development, demand has remained constant.” He added: “Our […]
From 1 January, standard O-licence holders will be required to demonstrate an increased level of financial facilities, after the drop in the value of value of the pound following the EU referendum.
Bidvest Logistics has signed a lease with Prologis on a 116,000ft² space in Prologis Cabot Park in Avonmouth, Bristol.
Palletways has said a departure from the EU will inevitably create “new challenges” for the industry and the network, in the wake of the UK’s decision to end their membership.