Aver Property News Today

New aircraft and engines are set to be produced at the site

Logistics provider already has a workforce of 850 staff, servicing the food industry

Deal gets analysts excited

Work has started on site to deliver Novus Point, a 330,000ft2 logistics and warehouse unit at Lymedale Business Park in Newcastle-under-Lyme, [...]

Investor Ergo Real Estate, on behalf of Aver Property, its joint venture with NFU Mutual, is forward funding the development of 1.1 million ft2 of warehouse space across the UK. It has agreed to fund two mid box schemes; one in Middlewhich where it will see the development of Units 1,2 and 3 totalling 222,743 ft2 at Ergo Park, which is being brought forward by Total Developments. Another four unit scheme will be brought forward at Ergo Park Sheffield. Two further big box warehouses have been fu...

Four businesses have now snapped-up all seven buildings in phase two, totalling 32,710 sq ft. Oxfordshire-based removal firm House 2 Home has taken lease for unit 11 at the site, while Fabal, a family-owned aluminium company, will occupy unit 12. Units 9 and 10 which spans over 7,300 sq ft have been acquired by Stolford Ltd and Units 6-8 totalling 18,250 sq ft have been sold to NJS Properties Ltd. Both of these purchasers will use the buildings in part and let the remaining space for in...