Iceland has signed a lease renewal for its regional distribution centre in Livingston in West Lothian, Scotland.
The retailer paid £6 per sq ft for the 284,000 sq ft warehouse at Houston Industrial Estate. It has agreed a 20-year term.
Owned by RPMI Railpen, the investment manager for the £30bn Railways pension schemes, the Livingston site will continue to serve as a base for Iceland’s national operational logistics.
Poseidon Developments advised Railpen on the deal.
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