Delin delivers for Evri

Parcel delivery company Evri is continuing on its acquisition spree, adding 163,423 sq ft to its growing portfolio of distribution hubs. The firm has agreed to take the space at Delin Property’s XDock163 at Magna Park in Lutterworth, Leicestershire. It has agreed a five-year lease on the space, which was previously let to milk haulier Lloyd Fraser, which was placed into administration last year. According to EG Radius data, average industrial rents in Lutterworth have averaged around £10.40 per sq ft over the past 12 months. The deal is the latest in a flurry of leases signed by Evri. In August the group signed 10-year leases on a 133,000 sq ft unit in Sheffield and 113,000 sq ft in Bristol.  The firm is advised by Lambert Smith Hampton, which has also been appointed to find sites for Evri across London, the South East and the West and East Midlands for short-term last-mile delivery units to meet seasonal business demand. Evri is seeking around 20 “pop-up” units of between 3,000 sq ft and 20,000 sq ft on short-term flexible leases. Carter Jonas advises Delin.