The company has set up a joint venture with Pilot Fields Estates, a consortium of local property consultants. The venture is headed by chief executive of British Nuclear Fuels, Norman Askew, and has been set up to develop the site at Burnaston, near Derby. The site, which is owned by Tate & Lyle, was an experimental farm but is now surplus to requirements.

The aim is to build 92,900 sq m of warehousing to meet the demand from third-party distributors for large units in the Midlands.

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