Menzies Distribution has sealed a £24.65m deal with property investment company Custodian REIT for the sale and leaseback of eight ‘last mile’ distribution centres. The eight properties are located in Aberdeen, Edinburgh, Glasgow, Ipswich, Norwich, Stockton-on-Tees, Swansea and Weybridge and will be leased back to Menzies Distribution on new 10-year leases. Custodian REIT acquired the portfolio by purchasing the entire issued share capital of John Menzies Property 4 Limited which owns the eight units. Menzies Distribution, which specialises in print […]
A consortium of companies, including Yodel, Menzies Distribution and UPS Healthcare, are managing the collection and delivery of Covid-19 home testing kits into laboratories.
A partnership between Menzies Distribution and UK Flooring Direct, launched a week into the Covid-19 pandemic lockdown, has proven its ability to adapt to challenging circumstances.