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Real estate industry

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Motoring on

Article Abstract:

The Gefco UK motor vehicle distribution centre in Corby, England, opened in 1996 and a new 20,000 sq ft pre-delivery inspection area is planned for the future. The 75 acre distribution centre cost around 10 million pounds sterling, it acts as a storage facility for Citroen and Peugeot cars. The Corby site can hold up to 10,000 vehicles which can be rapidly transported to dealerships in the vicinity and the site is also used to facilitate second-hand car auctions. Gefco is planning to offer a specialized railfreight service to Europe for car manufacturers.

Author: Seidl, Amanda
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1997
Motor vehicles and car bodies, Automobiles, Automobile Manufacturing, Warehousing and Storage, Warehousing, Public Warehousing and Storage, GEFCO UK Ltd.

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Clearing the shelves

Article Abstract:

Booker-UK is planning to sell some 40 of its warehouses and has already sold 1.25 million sq ft of warehouse space. Booker purchased Nurdin and Peacock (N and P) in Nov 1996, during a period of reorganisation of the company. Booker intends to utilize the best out of both companies. Some of the surplus stock has come from relocating N and P outlets to Booker's own warehouses and other vacant buildings are due to a previously depressed market for secondhand warehouses. Booker has built a new 330,000 sq ft distribution facility in Northampton, England.

Author: Seidl, Amanda
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1998
Manufacturing and Industrial Building Construction, Industrial buildings and warehouses, Warehouse Buildings, Finance, Industrial construction, Warehouses, Booker-UK

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The engine of industry

Article Abstract:

BMW intends to invest 400 million pounds sterling to construct a Rover engine plant at Hams Hall distribution park close to Coleshill, England, not far from the M42 motorway, with the help of government grants. As well as making 1,500 Rover jobs safer, the new plant should lead to the creation of half a million jobs in the components sector. Cardiff University's Professor Garel Rhys expects the components industry to become consolidated.

Author: Seidl, Amanda
Publisher: Reed Business Information Ltd.
Publication Name: Estates Gazette
Subject: Real estate industry
ISSN: 0014-1240
Year: 1996
Motor vehicle parts and accessories, Gasoline Engine and Engine Parts Manufacturing, Auto Gasoline Engines, Foreign operations, BMW AG, Automotive gasoline engines

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Subjects list: United Kingdom, Automobile industry, Buildings and facilities, Company Profile, Distributors (Commerce)
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