Uncertainty over Rover’s Longbridge’s plant has not hit the West Midlands industrial market, as feared earlier in the year.
Knight Frank’s senior industrial surveyor Chris Cocks cites Johnson Controls’ recent acquisition of 140,000 sq ft in Solihull. The Rover supplier’s requirement was reported to be under threat.
Richardson Developments’ Lee Richardson said there are substantial occupiers looking for space but the problem is finding suitable sites.
Sunday Times Business 30/05/99 page 10
