Latest Breaking News On - Daventry international rail freight terminal - Page 8 : comparemela.com
Some Logistics and General Freight Items You May have Missed This Week - Latest industry shipping news from the Handy Shipping Guide
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Harrison Ballantyne: WH Malcolm Limited fined £6 5m over death
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Logistics firm is fined £6 5 million over the death of schoolboy, 11
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Company found guilty after Daventry depot death
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Developer investor Prologis has snapped up the former Arcadia warehouse in Daventry under the noses of the likes of Ebay, Amazon and JDSports for more than £60 million from the administrators Deloitte in a ‘best bid’ battle.
In the same breath it has already let the 1.2 million sq ft facility to Boohoo on a long lease thought to be around 15 years at a rent believed to be close to £7 per sq ft.
The sale of the property means that Sir Philip Green will be repaid the £50m loan he personally advanced to Arcadia against the property in 2019 as part of an emergency restructuring of the Arcadia Group.