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 […]
Online retailer Amazon has announced it will open a 304,800m² fulfilment centre in Coalville, Leicestershire later this year.
Expect Distribution has won a five-year warehousing contract with interiors manufacturer and supplier Julian Charles.
Goodman has acquired a 187,466 sq ft warehouse and distribution site in Enfield.