Evans Randall pushes on at MIRA Tech Park

The Birmingham property company has expanded its portfolio with the purchase of a 132,000 sq ft R&D and manufacturing campus occupied by engineering group Ricardo.

Logistics specialist Prologis UK has chosen the contractor to build a 285,000 sq ft cold store distribution facility at Northamptonshire’s Daventry International Rail Freight Terminal.

Advised by CBRE, the third party logistics provider has completed the leasehold acquisition of a 247,000 sq ft unit at the industrial scheme, off the A14.   

The investor has bought a 133,000 sq ft multi-let industrial estate at Sherwood Park for £13m, a deal reflecting a net initial yield of 5.92%.  

Housing minister Matthew Pennycook has warned local authorities currently working without an adopted local plan to pick up the pace – or risk central government stepping in to take over.

Plans to build two large industrial sheds for an unnamed international e-commerce firm have been submitted as part of a major development at Dove Valley Park in Foston.

The transformation of a former Walsall copper works into one of the Midlands’ largest industrial and logistics hubs has hit a major milestone, with the first 270,000 sq ft of space now complete on the heavily remediated SPARK site.

From the Golden Triangle to the M6 corridor, demand for strategic logistics land has remained robust – but the nature of that demand and the challenges of meeting it are changing rapidly, writes Nick Jones, group director at Richborough Commercial.

Utilities firm Cadent is lining up a 290,000 sq ft industrial development on the site of three huge former gas holders in Nechells.