Boom Time Reflects Mood of Confidence

Summary


Around two million square feet of distribution warehousing will be built in the North-East over the next 12-18 months ( twice the level of a year ago. GVA Lamb & Edge's Richard Scott looks at what is in the pipeline and what is driving the development boom.

Demand for distribution and warehousing space in the North-East is on the up. The UK's leading industrial warehouse operators and developers are now looking seriously at investing in the region.

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Extract


Boom Time Reflects Mood of Confidence

One of the main drivers for this is the European Union Transport Directive which restricts the number of hours drivers can clock up.

As a result, many people b...

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