The Mick George Group, a Cambridgeshire based Construction specialist which operates two sites within the Leicestershire region has landed a multi-service construction package worth circa £20m for works to be completed at Magna Park Lutterworth, Europe’s largest dedicated logistics and distribution park. The contract represents yet another high-profile project that
Grosvenor Europe, which manages Liverpool One, has appointed a revised leasing team as part of its commitment to support the city’s shopping centre through what it calls a “difficult time”. The new leasing team will see CBRE acting on the retail leasing, while Savills will act on the food, beverage
The Mick George Group, a Cambridgeshire based Construction specialist which operates two sites within the Leicestershire region has landed a multi-service construction package worth circa £20m for works to be completed at Magna Park Lutterworth, Europe’s largest dedicated logistics and distribution park. The contract represents yet another high-profile project that the firm is concurrently engaged, and will see the business complete various enabling, stabilisation, demolition, environmental and facilities management works on behalf of Gazeley, a leading investor and developer of logistics warehouses and distribution parks. Through various initiatives, the scheme seeks to expand the existing 9 million Sq. Ft. of floor space to 16 million Sq. Ft in the coming years. Development has begun on three speculative logistics and distribution units totalling 525,400 Sq. Ft. which will be available for occupancy in Autumn 2020, while a further unit of 746,500 Sq. Ft (subject to planning permission) is also be being planned. In total Magna Park South, Lutterworth could accommodate 2.8 million Sq. Ft with build-to-suit options available in a range of sizes. Magna Park Lutterworth benefits from excellent transport links to the rest of the UK, with 59.3 million people, or 85% of the UK population, within four hours’ truck drive-time of the development, owing to its easy access to the M1, M6 and M69 motorways.
Grosvenor Europe, which manages Liverpool One, has appointed a revised leasing team as part of its commitment to support the city’s shopping centre through what it calls a “difficult time”. The new leasing team will see CBRE acting on the retail leasing, while Savills will act on the food, beverage and leisure leasing, with both working alongside incumbent, Metis Real Estate. Commenting on the revised team, Alison Clegg, director, asset management, Grosvenor Europe, said in a statement: “To maintain Liverpool One’s success, it is imperative we have the right team to help navigate through the significant changes the industry is facing. The experience, reach and passion demonstrated by CBRE, Savills and Metis is the perfect combination to maintain Liverpool One’s long-term success and vitality.” This news follows a number of leading UK and international brands signed for new stores at Liverpool One in the first three months of this year, including MAC Cosmetics, Penhaligon’s, Kiehl’s, Virgin Holidays for its largest store in the UK, and premium British sportswear pioneer, Castore, which will open its first store outside of London in Liverpool later this year. Mark Disney, executive director, retail, CBRE, added: “Liverpool One is one of the best-known and highly regarded mixed-use destinations in Europe. Its positive impact on the region, and UK industry as a whole, is well-documented and we are delighted to be part of the team to move it forward even further.” Steve Tregenza, co-founder of Metis, commented: “We have been involved in Liverpool One since before construction began, and retaining our brief across all aspects of the leasing is a very proud moment for the business. We will work alongside CBRE and Savills, complementing their expertise with our unique understanding of the destination, the city, and the strong regional operators for whom Liverpool One is perfect.”
