UK: Brose leases Coventry industrial site as part of expansion
German parts supplier Brose has agreed to let a 75,000 sq ft industrial unit in Coventry from property investment company Palace Capital as it expands its operations.
German parts supplier Brose has agreed to let a 75,000 sq ft industrial unit in Coventry from property investment company Palace Capital as it expands its operations.
The five-year agreement comes as the company expands in the UK where it is launching new products for its customers, including Jaguar Land Rover and Nissan.
Palace managing director Neil Sinclair said: “We are delighted to sign a lease agreement with Brose for this large industrial unit. Coventry has a strong local economy and is a buoyant hub for the automobile industry and it is benefiting from the success of Jaguar Land Rover in particular.”
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