The urban logistics market to the west of London has seen a spate of activity, with two new developments starting and another completing. Aviva Investors has plans for a £32.7m development in Uxbridge, which will be constructed by the third quarter of 2018. This will consist of three warehouses of 120,000ft², 36,000ft² and 11,500ft² respectively and will be known as Uxbridge Industrial Park. Alastair Wakefield, assistant director of Aviva Investors, said: “Urban logistics and last-mile opportunities remain at the top […]
John Lewis has signed a deal with the owner of Magna Park in Milton Keynes to build a new 638,000ft² DC at the distribution park.
Doncaster-based McGregor Logistics has taken out a three-year lease on a 40,000 sq ft unit on the St Modwen Park industrial park in the town.
A property revaluation was responsible for scuppering the bottom line at Bradford-based Expect Distribution in the year to the end of November 2012. It was enough to turn the previous year’s profit before tax of £432,500 into a loss of more than £943,700, despite a 14% rise in turnover from £15.8m to £18.1m.