Take two for Arcadia

Article Abstract:

The area around Heathrow airport, London, England, is suffering from a shortage in warehouse space, particularly for buildings of over 100,000 sq ft. Lack of space has caused rents to increase to 10.50 pounds sterling per sq ft from 8.75 pounds sterling per sq ft in just 12 months. Property agents point out many airport operators wish to stay close to the airport when looking for property, to avoid penalties for keeping freight on the tarmac. Most freight firms want to stay within five miles of the airport. Arcadia's 120,000 sq ft new industrial building is likely to be let to a freight firm.

Analysis, Warehousing, Real estate development, Heathrow Airport

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Marketing's place in the Euro space race

Article Abstract:

The location of a European distribution centre is not only dependent on logistics, but the availability of funding and co-operation with local authorities can also be important factors in determining the most appropriate site. A survey in 1997 found that some 56% of European Distribution Centres were situated in Holland mainly due to its location as a main port and incentives such as low-cost land and housing and a flexible workforce. The authorities in Lille, France, emphasize its location as a distribution centre rather than offer monetary incentives.

Professional & Commercial Equipment, Professional and Commercial Equipment and Supplies Wholesalers, Business & Commercial Eqp Whsle, Europe, Netherlands, Location, Distribution of goods, Distribution (Commerce), Lille, France

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A break with tradition

Article Abstract:

Some property agents suggest landlords of warehouse buildings are beginning to accept the need for shorter leases whilst others prefer to agree leases of 10-15 years. Investment firms owning a large number of properties on a business estate may find shorter leases would allow them to be more flexible. Distribution firms are demanding shorter leases of around 5 years. Some observers point out landlords will only grant shorter leases for high rents or on hard to let property.

Investment Offices, Investment Companies, Open-End Investment Funds, United Kingdom, Management, Real estate investment, Real estate investments, Distributors (Commerce)

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