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. According to commercial property firm Colliers International, the lack of warehousing was hampering growth in the retail distribution sector. Prices for prime industrial space rose on average 7.7% in the 12 months to July 2017, compared to a rise of 2.3% in the UK as a whole, to the current Scotland average of £7.59 per ft². This […]
Prologis is developing the largest speculative build since the UK’s referendum on EU membership, a 275,000ft² DC at its Marston Gate site.
Lenham Storage walked away from nonviable business last year rather than compromise its service standards, but the operator’s MD has warned that there has been no let-up in rate pressure since.
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.