Industrial
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Omega plans business park for Huncoat power station site
Manchester developer Omega Atlantic is drawing up plans for a 560,000 sq ft business park on part of its former Huncoat power station site, near Accrington in Lancashire.
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Henderson puts DLT Logistics in a new Dimension
Henderson Global Investors has let the 108,500 sq ft Dimensions House in Brackmills, Northants, to DLT Logistics. The company has signed a 10-year lease on the 20-year-old building at £4.30…
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St Modwen in talks about the future of MG Rover site
St Modwen Properties, majority owner of troubled MG Rover’s Longbridge plant, is in talks about the future of the site’s available land with receiver PricewaterhouseCoopers (PWC).
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Wynyard wins consent for business park on Samsung site
Chris Musgrave’s Wynyard has been given the go-ahead for a £45m business park on the site of the former Samsung complex at Wynyard, Billingham in Teesside.
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Next takes warehouse in Greater Manchester
Retailer Next has taken 500,000 sq ft at Moorfield Group’s Heywood Distribution Park in Greater Manchester. The retailer has taken a ten-year lease with a break at five years at…
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HelioSlough submits final plans for 1.1m sq ft of warehousing
HelioSlough has submitted a detailed planning application for 1.1m sq ft of speculative distribution space at sites in Yorkshire and the North-East.
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IPD reports record year for UK property returns in 2004
The UK commercial property market delivered its strongest performance for 11 years in 2004, say the latest figures from the Investment Property Databank (IPD).
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Panattoni enters UK distribution market for the first time
Panattoni, the second-largest distribution developer in the US after ProLogis, has entered the UK market for the first time. The California-based private company will be funding Equity Estates’ purchase of…
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REI buys mix of properties for £3.5m
Oxford-based Real Estate Investors is buying five individually owned properties in a cash and shares deal worth £3.5m. REI, which is the new quoted vehicle of former Newport chief executive…
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Maro wins approval for industrial hub in south Manchester
In the North West, Maro Developments has won outline consent for a £30m manufacturing and distribution hub at Carrington First, south Manchester.
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Entertainment UK takes 167,000 sq ft at Westlands 3
Entertainment UK has taken 167,000 sq ft of the 250,000 sq ft Westlands 3 warehouse in Millington Road, Hayes, Middlesex. The building, owned by BS Pension Fund Trustees, has been…
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Rising confidence drives UK service sector growth
Improved business confidence helped the service sector to rack up its 22nd consecutive month of growth in January, figures out today showed.