Latest commercial property news from Lambert Smith Hampton


Industrial and logistics news: April 2013

Round-up of recent market news...

Highways Agency invests in easing road congestion

A GBP 98mn (EUR 114.92mn USD 150.17mn) investment by the Highways Agency is designed to ease congestion and aid local economies throughout the UK. Some 58 projects are due for completion by March 2015 and are split into technology schemes and road improvement projects. Read more...

Next extends delivery contract with Hermes

UK retailer Next has confirmed a four-year contract renewal with its home delivery partner Hermes, a relationship which goes back to mail order operations launched in 1988. The latest renewal goes up to 2022 and will include next-day delivery as well as other services. Read more...

DHL wins four-year contract with National Grid

A four-year contract with National Grid has been awarded to DHL. The firm will provide logistics services for all of National Grid's gas and electricity network. Read more...

Waitrose unveils smaller store plan for London

Waitrose will open a Little Waitrose in April 2013 next to Vauxhall station, with a second convenience store planned in August by Monument tube. The retailer plans ten smaller stores in London this year, adding to the 36 convenience stores in the UK capital at present. Read more...

Concerns over commercial viability of DP World's logistics park

The absence of anchor tenants has raised concerns about the commercial viability of DP World's London Gateway Logistics Park. DP World has yet to sign contracts with the likes of Uniserve and Marks & Spencer despite being in talks for around a year over warehouse space at the logistics park. Read more...

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