|

Poundworld takes on 524,000 sq ft DC

VonMarkus Jaklitsch

Poundworld has taken on a 15-year lease of 524,000 sq ft distribution centre in Wakefield at a rate of £2.5m per year from LondonMetric Property. Construction of the distribution centre is due to commence later this year, with an expected completion date of autumn 2016.

Mark Ward, property director at Poundworld Retail, said: “We have a rapid store expansion programme over the next three years and the new distribution centre will aid our expansion plans, improve efficiency and allow for a broadening of our product range in our single and multi-price format stores.”

LondonMetric purchased the site from CDP, the development arm of Marshall Construction Group and will forward fund the development with a £39.4m investment. The 30-acre site is located near junction 31 of the M62 in a logistics hub with adjoining occupiers including Asda, DHL, HSBC, Royal Mail and TK Maxx.

* LondonMetric Property has acquired a 330,000 sq ft Next Distribution warehouse for £29 million.

The warehouse is located two miles north west of junction 38 of the A1(M) in South Elmsall, Doncaster.

Source: logisticsmanager.com

Ähnliche Beiträge

Europa Road acquires Continental Cargo Carriers, Oostende

VonLOGISTIK express Presseservice

Privately-owned Europa Worldwide Group, based in Dartford, has bought Oostende headquartered specialist part and full load operator Continental Cargo Carriers (CCC) which started its trailer freight activities in 1983. Europa’s Managing Director, Andrew Baxter, said the central goal behind this acquisition is to strengthen Europa’s part load service to and from the UK. He says:…

|

A quarter of UK retailers charge customers for returns, study finds

VonLOGISTIK express Presseservice

ParcelLab’s study into the returns experiences offered by the UK’s top 200 retailers has found that 24.5% charge customers to return items. In 20% of cases, customers are expected to arrange the return entirely themselves. Tobias Buxhoidt, founder and Chief Executive of parcelLab, said: “For consumers and retailers alike, returns continue to be one of…

|

Unipart wins £730m NHS logistics contract

VonLOGISTIK express Presseservice

The Department of Health and Social Care has finally awarded a £730 million NHS logistics contract to Unipart Logistics. The awarding of the contract had been challenged by DHL, the incumbent, which argued that the DHSC had behaved in an improper manner during the awarding of the contract. However, on 17th August, the High Court…

|

Freight Association issues advice on Delayed Declaration Scheme

VonLOGISTIK express Presseservice

The British International Freight Association (BIFA) is advising its members to be very careful with any business that they are offered from traders that have taken advantage of HMRC’s Delayed Declaration Scheme, but which have not taken out a CFSP authorisation in their own right and are now trying to find a Customs Agent to…

86% of SC Execs Note an Increase in the Business Value of Supply Chain

VonLOGISTIK express Presseservice

eyefortransport surveyed a cross-section of senior supply chain executives to gain insight into their current supply chain strategy.   The newly released Global Chief Supply Chain Officer Strategy Report concentrates on the European market, drawing a comparison to worldwide tendencies, as well as responses from 2011, to provide insight into the perception of supply chain…

Schreibe einen Kommentar