Abstract
This paper examines the consolidation of occupation and ownership within the retail warehouse park property sector and the polarisation of existing schemes towards fashion, bulky goods destination and convenience parks — a process accelerated by continuing occupier and investor demand and a lack of supply, restricted by tighter town planning controls. Two case studies — Deepdale Park, Preston and St Andrews Quay, Hull — are used to illustrate park evolution and demonstrate the sector's attractiveness to investors and developers, brought together through innovative joint ventures and limited partnerships to facilitate the redevelopment process and create new indirect investment products.
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