Tenant demand for retail property continued to fall in the first quarter of this year and the pace of the decline accelerated, while demand for industrial space picked up, according to the latest RICS UK Commercial Property Market survey.
The joint venture between Harworth Group and the Lancashire County Pension Fund has secured landscaping supplier Hardscape Products as the first tenant for its 164,000 sq ft Multiply scheme at Logistics North in Bolton.
Online fashion retailer PrettyLittleThing has signed a deal to occupy around 615,000 sq ft at a Logicor warehouse in Sheffield.
M&G Real Estate has acquired two office buildings in the south east as well as an industrial portfolio on behalf of the M&G UK Enhanced Value Fund.
Industrial and logistics take-up in Q1 2018 reached 9.8m sq ft – the highest first quarter on record.
Industrial developer Gazeley has acquired a 19-acre redevelopment site at Moulton Park in Northamptonshire and outlined plans to speculative develop a trio of warehouses at the renamed G Park Northampton.
The all-new Industrial & Logistics Gala Dinner & Awards will be an unmissable occasion for the industry to come together to celebrate its outstanding achievements and award its brightest stars.
Leading specialist pump supplier Axflow has signed a 15 year lease for a 14,400 sq ft unit at the Slough Trading Estate.
BMO Real Estate Partners has expanded its logistics focus with the appointment of Alexandre Akrap as new European logistics manager.
Developer Wrenbridge has secured 25 acres of space in Rainham to add 400,000 sq ft to its warehouse pipeline.
Jaynic secures loan covering 95% of cost of rare speculative scheme for ‘underserved area for logistics’.