Scottish logistics rents take the high road

Demand for industrial and logistics space in Scotland is outstripping supply and is putting pressure on rents, according to analysis by property and investment management firm Colliers. It  is warning that a ‘perfect storm’ of factors - many related to the pandemic - are coming together to create a critical mismatch between supply and demand of industrial space of all sizes across the country. Covid-19 lockdowns massively accelerated the trend towards online ... [+]

Scotland is full, says Colliers

Real estate firm Colliers International says that businesses will soon have to resort to building their own factories and warehouses in Scotland. Prime industrial rents for 10-50,000 sq ft units have risen three times faster year on year than the UK average as the lack of building activity forces businesses to ... [+]

Spec build for Scotland’s Bellshill

Developer J Smart has started construction of a first phase 20,000 sq ft speculative industrial unit at Belgrave Point, Bellshill, in the heart of the central Scottish logistics industry. The development’s first phase, due for completion in May 2016, is being marketed for lease by Colliers International and JLL and ... [+]

Nagel Group takes space in Scotland

Langdon Industries Limited, part of the German Nagel Group, one of the largest food logistics networks in Europe (no connection with Kuehne and Nagel) has acquired a 82,500 sq ft (7,665 sq m) cross-docked distribution warehouse and offices at10 Coddington Crescent at the Eurocentral site in central Scotland. Estate agent ... [+]

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