UK technology distributor Westcoast Holdings has taken a 341,871 sq ft warehouse at Andover Business Park in Hampshire. Known as Centric 341 the facility is owned by real estate investment management firm Oxenwood Real Estate, and has been let on a 20-year lease at £6.72 per sq ft. The facility will double Westcoast’s UK warehouse…
Baytree Logistics Properties has secured a strategic development site in the City of Magdeburg, central Germany, on behalf of clients of AXA Investment Managers. It follows the previous acquisitions of development sites in Hannover and Leipzig, as favourable demand supply dynamics continue to support investment in the German logistics sector. The site has a total…
Property advisor Colliers is forecasting an equivalent rental growth of 4 per cent distribution warehouses for 2019, based on its latest research figures. It also predicts an equivalent rental growth of 6.9 per cent for UK standard industrial with London Standard industrial at a whopping 7.6 per cent increase. Demand for Industrial & Logistics space…
Unite the union has said that that the UK government would be “reckless” to dismiss Nissan’s no-deal Brexit warnings after the car giant revealed a £100 million investment in production at its Sunderland facility. Unite assistant general secretary Steve Turner said: “UK government ministers would be reckless to dismiss this worrying no deal Brexit warning…
Palletforce has rolled-out an artificial intelligence (AI) technology – Alliance Sense – that predicts if any consignments are at risk of service problems. The network – a division of EV Cargo – collects more than 100,000 tracking events each day, with every consignment made up of over 50 individual pieces of data. Previously, this information…
The UK’s biggest surplus food distribution charity, FareShare, has opened a new warehouse in Milton Keynes to provide an estimated 370,000 meals t0 people in need over the next year.The regional centre will be FareShare’s 25th warehouse in the UK, aims to serve 49 charities and community groups and will reach over 5,200 people at…
Work has started on a £60 million, 715,000 sq ft, state-of-the-art logistics facility for Europa Worldwide Group in Midlands Logistics Park in Corby. The scheme is due for completion in June 2020 and will double the size of Europa Warehouse’s logistics portfolio. The facility is being constructed to a high-quality institutional specification, including above market…
Peveril Securities and Marchmont Investment Management have sold South Central, an urban logistic warehouse in Orpington for nearly 70 per cent more than they originally bought it. Savills advised Peveril and Marchmont on their original purchase of the property in Q4 2018 for c. £9 million. Following an extensive refurbishment and new letting, contracts have…
A Scottish judge has upheld a landlord’s right to demand that e-commerce giant Amazon remove itself from a warehouse it owns in Scotland. Investment property firm M7 gave Amazon six months’ notice to quit the 300,000 sq ft warehouse known as Unit 1 Faulds Park, Gourock in February as Amazon’s lease was due to terminate…
Before deliveries get as far as the last mile, they need to be available in a warehouse and quickly accessed for parcelling. The flood of return shipments also needs sorting, registering, and storing. At the Vienna-held event, delegates were presented scalable cube storages solutions which optimize every last inch of space in the warehouse (and…
Recent research indicates that innovators and early adopters of new technology have a few things in common. They are companies with above-average supply chain performance. They share similar priorities. They view technology similarly. And their approach has made them leaders. According to their responses in a recent supply chain market survey, top-performing companies are innovators…
Specialist logistics developer and investor PLP (Peel Logistics Property), has bought a 17 acre development site at Smithy Wood Business Park in Sheffield from St Pauls Developments and the Norfolk Estate where it will speculatively build a 343,000 sq ft warehouse. The site was sold subject to planning and having received it, the new owner…
Menzies Distribution has completed the sale and leaseback of eight distribution depots across its UK logistics network generating £24.65 million. The proceeds of the sale will support the company’s ambitions to grow the business exponentially following its sale from John Menzies in September 2018. Chief executive Greg Michael said: “Since our acquisition by private equity…
Hermes Investment Managers have secured planning for a new urban warehouse on the site of a major Jaguar Land Rover car park in Birmingham. Birmingham council approved plans for the 2.7-acre site off Chester Road at Erdington Industrial Park last week. The 37,932 sq ft warehouse and 4,000 sq ft of office space will have…
Unipart Group chairman John Neill CBE has warned that the risk Brexit poses to supply chains developed over decades “cannot be understated”. Neill’s warning came in his chairman’s statement, filed to Companies House in the Unipart Group of Companies annual report. He said that 2018 had been a tough year for the UK economy in…
Freight management services provider Xpediator saw its pre-tax profit drop 23 per cent in the first half of 2019 after it had to make a number of measures to address its profitability. Turnover for the six-months ending 30 June rose 29.8 per cent year-on-year to £102.4 million (H1 2018: £78.9 million), of which Xpediator put…
ASOS has extended its ten-year partnership with DPD by awarding the parcel carrier a five-year, multi-million-pound contract to supply delivery services to across the UK until “at least” September 2024. The contract includes a provision for at least 50 per cent of deliveries within the London Ultra Low Emission Zone to be served by electric…
Urban Logistics, the specialist UK industrial and logistics REIT (real estate investment trust), has acquired six parcel distribution depots from Connect Group for £9.9 million. The portfolio has been leased back to a subsidiary of Connect Group, Tuffnells Parcels Express, for 20 years on a fixed rental uplift. Post-acquisition, Tuffnells – which specialises in B2B…
SEGRO has made two off-market acquisitions in Greater London by way of two units in Croydon and one in Dagenham – via a sale and leaseback with Kuehne + Nagel. K+N has signed a 10-year lease on the 64,000 sq ft warehouse unit in Dagenham. It is located on Orion Park which adjoins the A13….
DHL Supply Chain has taken delivery of the first of 700 new Volvo trucks, including 550 FH tractor units, as part of a £90million investment in its UK fleet. José Nava, chief executive of DHL Supply Chain UK and Ireland, said that the deliver was the next step in its commitment to “reduce all logistics-related…
Erhebung untersucht Business Driver für Innovations- und Wettbewerbsstärke in der Supply Chain sowie Prioritäten von Entscheidern
37 SOMA Österreich & Partner-Märkte mit rund 100.000 KundInnen sorgen für gesellschaftlichen Mehrwert und ökonomische Wirkungen. Anlässlich des 20-jährigen Jubiläums der Sozialmärkte in Österreich, präsentierte das Kompetenzzentrum für Non-Profit-Organisationen der Wirtschaftsuniversität Wien die aktuelle „Social Return on Investment (SROI)“-Studie: „Der Gesellschaftliche Mehrwert von Sozialmärkten von SOMA Österreich & Partner“ dokumentiert, dass jeder in einen Sozialmarkt…
The Delivery Group has opening of a new 52,500 sq ft processing hub in Bristol – an £8 million investment by the mail and pallet specialist. In March it opened a £2 million, 25,000 sq ft, mail processing hub in Aylesford, Kent. The Bristol site adds 30 per cent capacity to its network. Chief executive…
Pall-Ex has selected Microlise to provide a telematics and vehicle cameras across its entire fleet of over 100 vehicles. The palletised freight network will use the technology to monitor fuel efficiency and operating costs. It will also monitor the fleet in real-time, understand and maximise fleet utilisation and improve driver performance. Pall-Ex group MD Kevin…
Private equity firm Moorfield has acquired two logistics sites: a 129,076 sq ft warehouse in Milton Keynes and a 111,000 sq ft distribution warehouse in Felixstowe. The Milton Keynes site is let off a reversionary rent to Bong UK, one of Europe’s largest producers of speciality packaging and envelopes, on a 12 year lease with…
Adelante SCM and BluJay Solutions, in partnership with the Council of Supply Chain Management Professionals (CSCMP), conducted an online survey of supply chain and logistics professionals to find answers to these and other pressing questions. The report, “Focus on Customer Experience – Research on Supply Chain Priorities and Investments,” explores the key findings of this…
IMHX 2019 is the UK’s largest logistics event, returning this month to the NEC from 24 – 27 September, where you can explore the developments in automation and robotics technology that are reshaping the way orders are picked, packed and dispatched across modern supply chains. The message for the logistics industry, which historically has relied…
The £15.023 million sale of a 102,5000 sq ft warehouse let to inflight catering company Alpha LSG, is forward funding the speculative development of a new 138,375 sq ft warehouse and logistics building. Stoford is now speculatively building Icon 138, a self-contained facility. It is scheduled for completion in June 2020. It will comprise a…
Pan-European real estate investor Europa Capital has bought a prime logistics warehouse near Eindhoven Airport from a private seller. This is the investor’s third logistics acquisition in the Netherlands in the last 12 months and follows the acquisition of a 21,054 sq m (226,623 sq ft) logistics facility in Tilburg and a 49,658 sq m…
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