Take-up of large warehouses in 2017 fell by 36% compared to the year before, according to new research from property agent JLL. The company’s ‘UK Big Box Industrial and Logistics Market’ report found that 15.4 million ft2 of good quality Grade A space was leased or sold during the year in buildings above 100,000 ft2. This was 11% below the average for the last 10 years but in line with the five-year average. Despite last year’s fall, around 7 million […]
Pall-Ex Group has completed the acquisition of the Fortec Distribution Network. Purchased by a new subsidiary company, For-Ex Distribution Network, it will remain trading as Fortec Distribution and operate as a separate network but be part of the overall Pall-Ex Group of companies.
Workforce availability will become a key element when companies decide where to locate their warehouses during 2018, according to leading property agents.
Norbert Dentressangle has reported higher-than-usual demand for storage space within its shared user network in recent months, suggesting it could be indicative of an upturn in the economy.