Commercial property consultancy appointed

streetwise Elizabeth Gullen''File photo dated 24/05/06 of a recent Scottish Power energy bill and money. PRESS ASSOCIATION Photo. Issue date: Tuesday September 15, 2009. Inflation slid to its lowest level in almost five years during August, official figures showed today. The Consumer Prices Index (CPI) fell from 1.8% to 1.6% over the month, according to the Office for National Statistics (ONS). It was last lower in November 2004. Unchanged household ENERGY bills this year compared with big hikes 12 months earlier dragged down the rate of inflation, along with falling food prices, the ONS said. See PA story ECONOMY Inflation. Photo credit should read: Andrew Milligan/PA Wire PPP-171004-100100001

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A COMMERCIAL property consultancy has been appointed to help secure occupiers for a new distribution hub.

Hughes Ellard joins CBRE and Colliers International in marketing Velocity at Stanbridge Road in Havant.

Now cleared following demolition, the five-acre site was a former Pfizer distribution site before it was acquired by Barwood Capital and Taurus Developments in their first joint acquisition.

Planning permission has been granted for up to 120,000sq ft of high-spec space, with an internal height of up to 12m, for companies to lease.