Amazon Darlington Picture: SARAH CALDECOTT THOUSANDS of parcels are shipped every day to homes across the region from Amazon s huge warehouses - but not all of them come from the North-East. The online retailer, which has sites in Durham and Darlington - and soon, one in Gateshead, ships hundreds of thousands of orders every single week. But what you may not know is that your parcel could come from any one of the retailer s sites across the UK, despite two large sites being on our doorstep. This is because items sold by certain vendors may only be stocked at a particular Fulfilment Centre , awaiting dispatch to any location.
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GFH sells UK-based prime logistics park for $123 million
Staff Report/Manama Filed on April 24, 2021
The sale marks the end of an extremely successful hold period for Roebuck, who acquired the asset for $84 million in May 2017 on behalf of a consortium of institutional Korean investors. Supplied photo
Accolade Park is a prime logistics centre in the UK comprising of 875,000sqft located in Avonmouth which is the principal logistics and manufacturing area for the South West of the country, centred around the Port of Bristol
GFH Financial Group (GFH) on Saturday announced that its UK subsidiary, Roebuck Asset Management (Roebuck), has concluded an off-market sale of Accolade Park to Tritax Big Box Reit Plc for $123 million.
GFH announces sale of prime UK logistics park for $123m
MANAMA, 3 hours, 47 minutes ago GFH Financial Group has announced that its UK subsidiary, Roebuck Asset Management has concluded an off-market sale of Accolade Park to Tritax Big Box REIT for $123 million. Accolade Park is a prime logistics centre in the UK comprising 875,000 sq ft located in Avonmouth which is the principal logistics and manufacturing area for the South West of the country, centred around the Port of Bristol. The sale marks the end of an extremely successful hold period for Roebuck, which had acquired the asset for $84 million in May 2017 on behalf of a consortium of institutional Korean investors.