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 […]
Lidl is to build a 1,000,000ft² warehouse and RDC in Luton as part of its £1.45bn investment plan for the UK.
Construction has finished on Yusen Logistics’ latest warehouse at Prologis Park Wellingborough West, which gives the group a nationwide footprint of more than 2 million ft².