Development giant GLP is to build a million sq ft of warehouse space across seven units and four sites in Bedfordshire, Northamptonshire and Milton Keynes, following the grant of planning permission. It is understood to be the largest programme of speculative logistics real estate development currently underway in the UK. GLP said the move aims to meet demand in an increasingly supply-constrained logistics real estate market in the UK. It follows the company’s completion of 1.25 million sq ft of […]
They told us it would happen: in April 2012, advisory firm KPMG predicted a flurry of mergers and acquisitions in the logistics and distribution sector during the year… and that’s exactly what we got. Top of the pile in terms of the most noteworthy was undoubtedly the UPS/TNT Express merger announced in March and set to create a £37bn turnover logistics giant. The takeover was described at the time by TNT Express chief executive Marie-Christine Lombard as a move that […]
FORS Gold member and tipper haulier P J Brown (Construction) has gone into administration.