Warehouse property

Planning secured for Lancashire scheme

HBD, part of Henry Boot, and Barnfield Group, have secured reserved matters planning for a further three buildings at the JV’s 800,000 ft2 APTUS industrial and logistics scheme in Preston, Lancashire.

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Shed of the Month: Turning green

Boldly going ahead with a speculative development in the spring/summer of 2024 was deemed ‘very brave’ but with vacancy rates in the region bucking national trends and remaining sub 3% – perhaps this is more calculated than risky…

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EXCLUSIVE: M&S to take Bristol B2S scheme

A highly bespoke M&S logistics centre requirement has been linked to Vancouver based real estate development and investment firm, Epta Development Corporation (EDC) and development partner Stoford’s 2 million ft2 Axis Works scheme in Bristol, which secured reserved planning permission for a highly bespoke 390,000 ft2 plus cross docked warehouse on Friday last week.

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Urban logistics JV launched

Realis, the equity investment platform of South African bank Investec, has formed a £400 million urban logistics joint venture with developer Kier Property to develop urban logistics space in the UK.

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DHL launches East Midlands scheme

DHL Real Estate Solutions, DHL supply chain’s development subsidiary, has launched its 1.86 million ft2 Westworks scheme in Corby announcing that DHL has pre-let a 498,471 ft2 facility and that it will be speculatively building a further 297,413 ft2 unit this year.

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Shed of the Month: Gathering Momentum

In a market that has had an increase of some 46% in supply over the past year and a significant drop in take-up, occupiers may think the tables have turned but HBD is banking on quality and a unique location with its latest completed development Momentum Logistics Park to spark competitive interest.

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Logistics Matters