Goodman has begun development of a 405,000ft² warehouse in Bedford, due for completion next summer. The cross-docked facility, to be known as Bedford 405, is being constructed at Bedford Commercial Park, a new mixed-use development. The site is adjacent to the A421, seven miles east of Junction 13 of the M1 and 12 miles west of the Black Cat roundabout on the A1. Goodman development director George Glennie says that 32 million consumers are accessible within a two-hour drive time […]
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.
Developer PLP has gained planning consent for a 343,000sq ft speculative warehouse at Smithywood Business Park in Sheffield and plans to begin construction before the end of this year.
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]