Changes en route

Article Abstract:

Lack of supply is driving up industrial land prices in West Yorkshire, England. However, rents for new buildings are almost 30% lower in real terms than they were in 1990. The region's industrial property market is driven by indigenous demand, with most activity revolving around local developers meeting constant local demand. Developers of speculative units have had to be cautious about building specifications, as a tenant may require a manufacturing or a warehousing facility, but they have been able to let buildings quickly.

Manufacturing industry, Manufacturing industries, Yorkshire, England

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The ratings game

Article Abstract:

Some surveyors in the UK are already warning their clients to be prepared for rises in business rates after the next rating revaluation becomes effective on Apr 1, 2000. All non-commercial properties will be affected, but some surveyors believe that there will be large rises in rateable value for distribution companies as a whole, and especially in London, England. HBSV Director of Professional Services Chris Thorne anticipates an average rise of between 10% and 15% in rateable values for warehouses.

Taxation, Distributors (Commerce)

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Industrial alignment

Article Abstract:

There has been a range of industrial property development along the corridor created by the M65 link to the M6 in central Lancashire, England. The largest deal in the area since mid-1998 has been at Walker Park, between junctions 4 and 5, where Bibby Distribution Services took units 14 and 15, totalling 120,000 sq ft. The M65 corridor is now able to attract large operators seeking to relocate anywhere in the North West.

Design and construction, Lancashire, England

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