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Manchester City Council has granted planning permission to Columbia Threadneedle Investments for the development of three new logistics units at the World [...]
Developer Quorum wants to build two warehouses on three acres off George Richards Way in Broadheath.
Sarah Townsend High demand coupled with a shortage of quality logistics space in the North West will push up rental prices for the sector in 2021, the consultancy said. In a statement, Knight Frank noted that precedented demand among e-commerce and logistics services providers saw 5.6m sq ft in the region leased last year – a 17% increase on 2019. This year is expected to be even stronger, with around 3m sq ft already close to being transacted in the first few weeks of 2021, according to Knight Frank industrial partner Sam Royle. “We start 2021 strongly with a number of live requirements ...