Latest News

  • Preparing Your Data for warehouse management systems WMS
  • Bjelin Accelerates Shuttle Cycle Between Factory & Warehouse with New Joloda Moving Floor System
  • LIQUI MOLY invests €8 million in warehouse expansion of its production in Ulm
  • Arvato takes over B2B business for Rituals Cosmetics in Germany
  • Crane Worldwide Logistics planned expansion with a new facility in Cork
  • Home
  • News
  • Materials Handling
  • Health & Safety
  • Notice Board
  • Multimedia
    • Audio
    • Book Review
    • T.V.
    • Video
  • Contact Us
  • About Us
  • follow
    • Facebook
    • Twitter
    • Google+
    • Pinterest
    • RSS Feed
    • Linked
    • Youtube

New build property shortage will add to supply chain costs

Jul 12, 2012 Warehousing Ireland News 0


The lack of speculative industrial property development in recent years has resulted in an acute shortage of good quality, affordable warehouse and distribution space. This paucity of decent facilities in prime locations is driving above inflation increases in rents as landlords seek to cash-in which, in turn, is putting additional pressure on the already tightly squeezed margins of  companies operating in the UK’s logistics industry.

That was the message from John Maguire, National Chairman of the United Kingdom Warehousing Association (UKWA) in his address to UKWA members at the Association’s Annual General Meeting, held recently at the Dorchester Hotel, London.

“Throughout the UK there is a lack of new buildings and sites under five years old built to a high specification and this has tipped the market in favour of landlords,” John Maguire said.

“It would appear inevitable that any increases in rents will result in price increases across the supply chain – which will not help the broader economy as it seeks to recover from doldrums.”

Over the past three years the supply of new build or refurbished industrial accommodation has fallen steadily to the point where it now represents just 11 per cent of all available stock. Currently 84 per cent of all available storage space in the UK is classed as second hand.

The situation is unlikely to ease in the immediate future as uncertainty arising form the Euro crisis seems certain to delay the return of significant levels of speculative development activity.

“Along with the retail industry, the third party logistics service sector continues to drive demand within the industrial property sector but the lack of good quality accommodation is leaving many 3PLs with little alternative but to put off decisions to take space rather than take poor quality stock. In many cases companies are reconfiguring their existing facilities to accommodate new or growing accounts,” John Maguire added.

John Maguire is sales director of articulated forklift truck manufacturer, Flexi Narrow Aisle Ltd. He was appointed chairman of UKWA in 2011 and is the first representative from a company whose core-business is not third party logistics, to take up the position.

Founded in 1944, UKWA has over 600 members providing storage and third party logistics services, and represents the industry to both commerce and government.

Tweet

  • tweet
IMHX to showcase logistics innovations for the pharmaceutical and healthcare sectors Rhenus Contract Logistics developing 55,000 sq.m premises in Eindhoven

Warehousing Ireland

Related articles
  • Preparing Your Data for warehouse management systems WMS
    Preparing Your Data for warehouse...

    Nov 27, 2023 Comments Off on Preparing Your Data for warehouse management systems WMS

  • Bjelin Accelerates Shuttle Cycle Between Factory & Warehouse with New Joloda Moving Floor System
    Bjelin Accelerates Shuttle Cycle...

    Nov 27, 2023 Comments Off on Bjelin Accelerates Shuttle Cycle Between Factory & Warehouse with New Joloda Moving Floor System

  • LIQUI MOLY invests €8 million in warehouse expansion of its production in Ulm
    LIQUI MOLY invests €8 million in...

    Nov 27, 2023 Comments Off on LIQUI MOLY invests €8 million in warehouse expansion of its production in Ulm

More in this category
  • Ideally-located & secure HGV storage & warehousing site for rent at Cranford, near Kettering
    Ideally-located & secure HGV...

    Jun 26, 2021 Comments Off on Ideally-located & secure HGV storage & warehousing site for rent at Cranford, near Kettering

  • tesa packaging tape brings food storage in from the cold
    tesa packaging tape brings food storage...

    Jul 07, 2019 Comments Off on tesa packaging tape brings food storage in from the cold

  • Yale Europe Materials Handling expands tow tractor range
    Yale Europe Materials Handling expands...

    May 13, 2018 Comments Off on Yale Europe Materials Handling expands tow tractor range


Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Tweets by @warehousingIrl

Recent Posts

Crane Worldwide Logistics planned expansion with a new facility in Cork

Crane Worldwide Logistics planned expansion with a new facility in Cork

Nov 18, 2023 Comments Off on Crane Worldwide Logistics planned expansion with a new facility in Cork

Continuing on it’s growth trajectory in Ireland, The new warehouse facility is located within Harbour Gate Business Park adjacent to the Waterford N25 and Dublin M8 road network just...
UKWA Warehouse Roadshow 2023 heads to Belfast: 27 September

UKWA Warehouse Roadshow 2023 heads to Belfast: 27...

Sep 09, 2023 Comments Off on UKWA Warehouse Roadshow 2023 heads to Belfast: 27 September

Bis Henderson launches “Breathing Space” campaign

Bis Henderson launches “Breathing Space”...

Aug 19, 2023 Comments Off on Bis Henderson launches “Breathing Space” campaign

HPC (Home Project Centre) Group Acquires HandyHardware.ie

HPC (Home Project Centre) Group Acquires...

Aug 05, 2023 Comments Off on HPC (Home Project Centre) Group Acquires HandyHardware.ie

Yale appoints Ron Farr as new Director of Warehouse Sales – EMEA

Yale appoints Ron Farr as new Director of...

Jul 08, 2023 Comments Off on Yale appoints Ron Farr as new Director of Warehouse Sales – EMEA

Recent Posts

Beaverswood has hazards and restricted area marking safely taped

Beaverswood has hazards and restricted area marking safely taped

Nov 05, 2022 Comments Off on Beaverswood has hazards and restricted area marking safely taped

Quick and effective highlighting of hazards and restricted areas in industrial premises and offices is provided by yellow/black self-adhesive marking tape, now available from workplace...
RHA launches tail lift safety guidance

RHA launches tail lift safety guidance

May 15, 2021 Comments Off on RHA launches tail lift safety guidance

Axial Properties Ltd fined €80,000 following serious incident in Clonee warehouse

Axial Properties Ltd fined €80,000 following...

Nov 22, 2020 Comments Off on Axial Properties Ltd fined €80,000 following serious incident in Clonee warehouse

New Modulean Lite shadow boards from Beaverswood

New Modulean Lite shadow boards from Beaverswood

Nov 14, 2020 Comments Off on New Modulean Lite shadow boards from Beaverswood

How to safely buy a used ATEX forklift

How to safely buy a used ATEX forklift

Jul 12, 2020 Comments Off on How to safely buy a used ATEX forklift

Newsletter

Recent Posts

  • Preparing Your Data for warehouse management systems WMS
  • Bjelin Accelerates Shuttle Cycle Between Factory & Warehouse with New Joloda Moving Floor System
  • LIQUI MOLY invests €8 million in warehouse expansion of its production in Ulm
  • Arvato takes over B2B business for Rituals Cosmetics in Germany
  • Crane Worldwide Logistics planned expansion with a new facility in Cork
  • EU Parliament’s Environment Committee to define recycling in the PPWR disadvantages sustainable packaging made from natural materials such as wood
  • ek robotics celebrates 60 years of automated guided vehicles
  • New Hyster Reach Truck Goes Outside
  • Connected Trucks: Jungheinrich drives forward the digitalisation and interconnection of intralogistics  
  • Garbe Industrial Real Estate starts brownfield redevelopment in Duisburg
  • Locus Robotics Expands Presence Across Two Continents With New Deals in Europe 7 Central America
  • HSA fine €50,000 for breaches of health and safety legislation after warehouse incident
  • XPO Logistics celebrates major expansion and extension of partnership with Samsung Climate Solutions
  • Visualisation & Simulation can add value to Warehouse Scenario Planning – Yale
  • DHL Express and World Energy agree to global partnership to speed up aviation decarbonization via Sustainable Aviation Fuel Certificates
Copyright 2020 Warehousing Ireland / All rights reserved