Latest commercial property news from Lambert Smith Hampton


Industrial and logistics news: April 2014

Round-up of recent market news...

Norbert Dentressangle manages new Asda recycling centre in Bristol

UK retail chain Asda has extended its agreement with French transport and logistics group Norbert Dentressangle to include the management of its new asset handling and recycling facility in Bristol. Read more...


Work to start on Mersey Gateway scheme

Halton Borough Council and the Merseylink Consortium have reached financial close, allowing work on the Mersey Gateway Project to begin in April 2014. Read more...

Bericote buys building in Dartford to provide dark store for Asda

A 160,000 sq ft building in Dartford, Kent, has been purchased by Bericote Properties to be transformed into a 'dark store' for Asda. Dartford Distribution Centre was purchased in an estimated £15m deal from Evander Properties. Read more...

Rothschild hired by Morrisons to advise on sale of Kiddicare

Rothschild has been hired by Morrisons to advise it on the sale of Kiddicare, the maternity retailer. As part of a restructuring plan, Morrisons plans to sell Kiddicare and its stake in Fresh Direct, the US online grocery firm. Read more...

Carlsberg plans storage and distribution hub in Northamptonshire

The brewer Carlsberg is buying a 640,000 sq ft facility in Northamptonshire, which it will use for storage and distribution purposes. It is located within the Brackmills Point scheme of Roxhill. Read more...

Co-op in consultation over closure of Huntingdon logistics centre

A consultation with employees is being held by the Co-op Group over the closure of a Huntingdon, Cambridgeshire, logistics centre. More than 100 jobs could be cut, while further job losses could be announced in County Durham. Read more...

Screwfix to expand with plans for a further 60 stores

A further 60 stores will be opened by Screwfix in the UK in 2014. The firm is looking to expand its network of 303 stores and it opened 60 in 2013. Read more...

Joe Fresh to expand across the world with 141 new locations

Canadian clothing firm Joe Fresh is set to be launched in 23 nations in spring 2014. The firm will add 141 new sites globally and it has over 350 outlets throughout Canada at present. Read more...

Further 18 miles of A9 to be converted to dual carriageway

In 2017 a further 18 miles of the A9 will be ready to be converted to dual carriageway. The A9 corridor will be used to build the new sections between Perth and Inverness instead of separate land. The overall completion date is still 2025 for the project. Read more...

Stobart Group sells 51% stake in transport division for £280m

Stobart Group has sold a 51% stake in its transport and distribution division to Douglasbay Capital for £280.8m. The new firm will be known as Eddie Stobart Logistics. Stobart Group retains a 49% stake in the new firm. Read more...

For further information relating to this news article contact 

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Steve Williams
National Head of Industrial & Logistics

020 7198 2296

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