There is no chance of a return to the pre-pandemic, pre-dotcom days of stable warehouse rents. The only way is up, as David Thame reports.
B&Q is to take a new 430,000 sq ft seasonal warehouse and distribution centre at Symmetry Park, Doncaster.
Investors are to fund a 330,000 sq ft speculative warehouse development at Newcastle under Lyme.
Investor and developer GLP has acquired a nine acre site at Trafford Park, Manchester, with an eye to warehouse development.
Construction work on a 154,000 sq ft net zero carbon logistics scheme is to begin at Longbridge.