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LONDON-Gazeley Properties, Wal-Mart's European property company, has joined forces with Standard Life to build the largest speculative distribution warehouse in South East England. The 488,000-sf unit, called Ultrabox, is to be developed at Purfleet in Essex with completion scheduled for later this year.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 02, 2025
Uncertainty grows as prices and sales volumes retreat.
July 02, 2025
Metro-level nuances reveal opportunities that might not be obvious based on national trends.
July 02, 2025
Vacancy is set to tick up 10 basis points this year but remain 110 basis points below the national average.