Industrial

Segro makes £18m warehouse buy

18 June 2013

Segro has bought a distribution warehouse in Burton-Upon-Trent for £18.1m.

Occupiers land at Lakeside Industrial Estate

14 June 2013

SWIP Property Trust and Centurion Properties have let four units at Lakeside Industrial Estate near Heathrow Airport in one of the largest letting deals in the area for the last 10 years.

Brookfield to turn Gazeley into investor-developer

14 June 2013

Brookfield plans to at least double the size of Gazeley’s €275m portfolio in the next five years, following the completion of its purchase of the company on Tuesday.

Consent granted for 4.7m sq ft scheme

13 June 2013

Coventry and Warwickshire Gateway, a technology, manufacturing and distribution park, was last night granted planning consent from Warwick District Council.

Blackstone buys major distribution hub

12 June 2013

Private equity giant Blackstone has bought a major distribution hub at the Daventry International Rail Freight Terminal in Northamptonshire, as it continues to grow its European logistics platform.

Plans for £200m M&S distribution centre announced

10 June 2013

Marks & Spencer and DP World London Gateway today jointly announced that M&S will build a 900,000 sq ft distribution centre at the new deep-sea container port and logistics park, which opens later this year.

MEPC on pole at Silverstone F1 circuit

7 June 2013

Developer revs up for £40m purchase and business park scheme at home of British motorsport.

Roxhill to sort new facility for Geopost in Peterborough

7 June 2013

Work will begin later this year on Peterborough Gateway, the distribution and manufacturing park, set in 240 acres on junction 17 of the A1M.

Planning permission for 1m sq ft shed

5 June 2013

Global property group Goodman has been granted detailed planning permission to build what would be one of the largest sheds in the south east.

LondonMetric exchanges on £248m Prologis and Norges shed deal

4 June 2013

LondonMetric has exchanged contracts on the sale of a £247.56m portfolio of 11 distribution assets to a joint venture between Prologis Europe  and Norges Bank Investment Management.

And finally…imagine Thurrock

31 May 2013

It is hardly the Madison Avenue of Mad Men fame, but a shed in Tilbury will become the latest base of the European arm of international advertising and communications agency Imagination.

Big shed take-up squeezed as new supply dwindles

31 May 2013

Take-up of big sheds fell during the first quarter of 2013 compared with the last three months of 2012 (graph 1), but the supply of large new buildings continued to decline.

E-tail redefines distribution space

31 May 2013

Retailers could take up to 50m sq ft of warehouse space over the next five years, of which 13m sq ft will be driven by online sales, new research has found.

Kuehne & Nagel cheers with Heineken

31 May 2013

Birmingham, Derby and Lichfield make cut for giant shed

Occupiers turn to more ‘mature’ sheds

31 May 2013

Sheds agents are beginning to note a recovery in the market for large older buildings.

Segro parcels up Heathrow lettings

31 May 2013

Segro signs two logistics companies at Heathrow.

Aldi signs for 440,000 sq ft Bolton shed

29 May 2013

Aldi is to relocate its regional distribution centre from Middleton to Bolton, moving into a 441,320 sq ft purpose-built property.

Aviva and Hansteen establish £200m fund

28 May 2013

Aviva Investors and Hansteen Holdings have today announced that they are launching an industrial fund seeded by £49m of property and with firepower to invest up to £200m in UK sheds.

Alderley Park seeks immunity from AstraZeneca exodus

24 May 2013

Pharma giant’s move to Cambridge leaves space for biotech start-ups.

Max Property predicts secondary buyers will benefit industrial market

23 May 2013

Max Property reported a steady rise in its NAV per share of 2.3% to 136.5p per share in its end of year results this morning.

Cloud computing explosion to transform data centre development

17 May 2013

In just a few years the concept of “cloud computing” has moved from blue-sky thinking to an approach to IT that is revolutionising the way that many businesses deal with their data.

Need to know: how to cash in on information boom

17 May 2013

We are in the midst of an information explosion. With the world’s total stock of data doubling every two years, there appear to be profits to be made in data storage.

Scandinavia catches up with US and UK for centre operations

17 May 2013

Cushman & Wakefield index shows Sweden and Norway climb up rankings. Stuart Watson reports

SingleHop skips over London and jumps into Amsterdam

17 May 2013

US cloud hosting company SingleHop has bypassed London and chosen to locate its first European facility in Amsterdam instead.

LondonMetric to sell £275m shed portfolio and signs M&S prelet

13 May 2013

LondonMetric Property is in talks to sell a £275m portfolio of distribution warehouses and has signed a major prelet with Marks & Spencer at its proposed retail park development in St Austell.

BlackRock appoints development partner in Thurrock

1 May 2013

BlackRock has appointed Bericote as its development partner on its Tower Thurrock scheme.

Schroder UK Property Fund buys £46.2m industrial park

29 April 2013

Valad Europe has sold Hartlebury Trading Estate in Worcestershire to Schroder’s UK Property Fund for £46.2m.

Segro appoints executive directors in Q1 statement

23 April 2013

Industrial REIT Segro has today announced an increase in its vacancy rate and the appointment of two new executive directors in its first quarter interim management statement.

Airport City takes flight

12 April 2013

Argent, Greater Manchester Property Venture Fund and Carillion win bid for £659m Manchester site

Q+A: Cunningham on Hillington Park life

12 April 2013

Last month Jamie Cunningham was appointed as MEPC’s commercial director at Hillington Park, near Glasgow International airport.

Cushman & Wakefield boosts Turkish team

9 April 2013

Cushman & Wakefield has appointed three new agents to boost its Turkish operations.

From Mersey to Manchester by road, rail and water

5 April 2013

Peel Ports plans port and “tri-modal” distribution hubs along ship canal. Stuart Watson reports

Oil fuels slick moves for Aberdeen airport

5 April 2013

In September Aberdeen Airport managing director Derek Provan set out his vision for the creation of an “airport city” — with the airport at the centre of a new focus for economic activity in Aberdeen.

Segro reshuffles Heathrow pack

5 April 2013

Segro has let two warehouses at its Stockley Close scheme near London Heathrow airport to UTI Worldwide.

BNP Paribas Real Estate poaches industrial head from CBRE

3 April 2013

BNP Paribas Real Estate has poached its new national head of industrial agency from CBRE.

Aberdeen Asset Management buys Harrow “pizza factory”

28 March 2013

Aberdeen Asset Management has completed the purchase of the Bakkavor Foods facility in Harrow for £14.7m.

Inexorable advance of e-tail drives industrial demand

28 March 2013

Although it is still early days in the growth of e-commerce, retailers are already re-evaluating their distribution channels to support demand and expected growth.

Wells Fargo and LaSalle finance £95m Blackstone sheds deal

25 March 2013

Wells Fargo & Company and LaSalle Investment Management have provided £67m of financing to Blackstone to support the acquisition of seven distribution warehouses across the UK, thought to have a price tag of around £95m.

Prologis and Norges close JV

20 March 2013

Prologis has announced the closing of Prologis European Logistics Partners Sarl, a €2.4bn joint venture with Norges Bank Investment Management, manager of the Norwegian Government Pension Fund Global.

Blueprint's appliance of science in Nottingham

15 March 2013

Blueprint has put No 1 Nottingham Science Park up for sale.

MIPIM 2013: "Industrial is best value property sector in Europe"

11 March 2013

European commercial property is at its best value for 10 years, according to DTZ, with industrial being the stand-out sector.

CBRE Global Investors makes regional buys

6 March 2013

CBRE Global Investors has bought two retail units for £18m.

Discount retailer plans new 350,000 sq ft south east depot

1 March 2013

Poundland is planning to develop a £40m distribution centre in Essex.

Showbiz tenants rescue sheds

1 March 2013

Southern sites count on production companies and air ambulance tenants.

Segro NAV dips as it continues “non-core” sell-off

27 February 2013

Segro’s net asset value (NAV) dipped 6.2% in 2012 due to the performance of its “non-strategic” assets and south east offices.

Prupim secures 120,000 sq ft tenant in Witton

22 February 2013

Prupim hasleased 120,000 sq ft warehouse to Laidlaw Interiors Group at The Hub in Witton, near Aston, Birmingham.

GE Capital Real Estate gets taste of Müller

22 February 2013

GE Capital Real Estate has leased nearly half of CrossFlow 550, a logistics centre at Cabot Park that it developed speculatively five years ago and that has remained empty ever since.

Speculative sheds return to Reading

22 February 2013

Construction of Reading’s first speculative industrial scheme for five years began earlier this month. European fund clients of Aberdeen Asset Management are building 47,131 sq ft in 16 units at the Access 12 scheme in Theale, close to junction 12 of the M4.

Central Europe industrial figures level out

21 February 2013

The industrial sector has reached equilibrium across central Europe, according to a research report published by Cushman & Wakefield.

Chasing e-tail

15 February 2013

The sheds market wants to find ways to cash in on the e-commerce boom. Stuart Watson reports

Post-haste: Amazon's quest for sheds

15 February 2013

Amazon is on the hunt for 1m sq ft sheds in key locations — ideally by yesterday. Mark Wilding reports

Roxhill on a roll

15 February 2013

Property Week’s best property newcomer of 2012 is ready to take on the shed development competition this year. Stuart Watson talks to the two men at the company’s helm, Jason Dalby and David Keir. Photographs by Anthony Lycett

Sheds shortage fuels rent rise hopes as take-up falls

15 February 2013

Woeful economic conditions and a dearth of suitable buildings caused take-up in 2012 in the industrial property market to fall by more than 3m sq ft, compared with the previous year.

Faraday Mill Trade Park welcomes new occupier

14 February 2013

Unipart Automotive has taken 6,400 sq ft at Faraday Mill Trade Park.

Miller rolls Dyce for Aberdeen business park

8 February 2013

Miller Developments is to create a £400m office and industrial scheme in Aberdeen’s Dyce district.

Miller to deliver 1.4m sq ft Aberdeen business park

5 February 2013

Miller Developments is to create a £400m office and industrial scheme in Aberdeen’s Dyce district.

Blackstone’s LogiCor completes €250m Polish logistics deal

4 February 2013

Blackstone’s European logistics business LogiCor has completed the purchase of two portfolios of logistics properties in Poland from US industrial company, Panattoni Europe Polish Logistics Assets.

Chancerygate makes industrial buy in Hayes

1 February 2013

Chancerygate Asset Management has bought the Provident Industrial Estate for £4.06m.

Inside the deal: Witton’s Hub spurns food for sheds

1 February 2013

IM Properties is due to complete its £35m purchase of the Hub in Witton next month.

Brookfield poised to buy £370m industrial developer

25 January 2013

Brookfield to pay £370m for industrial developer in the ascendant as e-tail powers demand for sheds

Airport City to take off within weeks

18 January 2013

Manchester City Council approved plans to develop a £650m business district at Manchester Airport last night, with work to begin within weeks.

Euro Garages pounces on 43 Esso forecourts

18 January 2013

Exxon Mobil retailer offloads filling stations as it focuses on wholesale. 

Lok‘nStore: life after Laxey

18 January 2013

A new shareholder on board and expansion on cards. Paul Unger reports

Tchenguiz waves goodbye to Welcome Breaks

18 January 2013

The disposal of nine Welcome Break service stations by Robert Tchenguiz’s R20, instigated by his lender, the Royal Bank of Scotland, to M3 Capital Partners’ motorway services operator Extra is due to complete by the end of this month.

Barber Wadlow: Forecourt Property Market Update - Jan 2013

17 January 2013

The last 12 months has been one of the busiest periods in recent history in the forecourt property sector. Barber Wadlow estimates that there have been over 1,100 petrol stations sold or let since the end of 2011, whichrepresents an incredible 13% of the total number of forecourts (8,587 sites).

Industrial guru dies in swimming accident

14 January 2013

John Sims, the pioneer of multi-let industrial property investment, has died.

Cording Group in £15.7m portfolio buy

11 January 2013

Investment management firm Cording Group has today announced the purchase of a 400,000 sq ft trade counter and industrial portfolio.

Kier and DTZ’s industrial union

11 January 2013

Kier Property has formed a £28m joint venture with DTZ Investment Management to expand its 1m sq ft Trade City brand and develop a further 180,000 sq ft of industrial space.

Deka funds €63m industrial purchase

10 January 2013

The debt for the purchases was provided by DekaBank.

Legal & General sells Enfield warehouse for £11.4m

4 January 2013

Legal & General Property, on behalf of its Managed Fund, has sold the freehold of an industrial warehouse in Enfield to clients of property developer Norton Newman.

JLL cautiously optimistic about 2013 recovery

3 January 2013

2013 will be a year of recovery for the property market, although global uncertainties will still present challenges, research by Jones Lang LaSalle has found.

MIPP makes double buy

18 December 2012

Metric Property Investments today said that Metric Income Plus Limited Partnership has acquired two properties for £9.8m, reflecting a net initial yield of 7%.

Airport City Manchester’s flight path

14 December 2012

Plans for a £650m commercial hub at Manchester airport were submitted to Manchester City Council this week.

Travis Perkins to trump Asda in Omega North space race

14 December 2012

Tussle for logistics park highlights sheds undersupply in north-west.

Prologis to launch Japanese REIT

13 December 2012

Industrial developer Prologis has confirmed it will create a Japanese real estate investment trust (J-REIT) to serve as a long-term investment vehicle for logistics facilities developed by the company in Japan.

M&G buys Enfield shed

12 December 2012

M&G has bought the freehold of an industrial property in Enfield for £22.1m.

Rockspring closes €700m TransEuropean Fund

7 December 2012

Rockspring Property Investment Managers has announced the final closing of its €700m TransEuropean Property Limited Partnership V fund.  

Nationwide pulls plug on underwater portfolio

7 December 2012

Building society rejects Ashbourne and Revcap’s proposal to split mainly industrial assets

FIX UK under offer

30 November 2012

The Fix UK portfolio, the largest collection of trade parks in the country, is under offer to Legal & General for £120m.

Atlantic Gateway opposition peeling away

30 November 2012

Peel Group’s proposed shipping hub wins local and government support

M7 and Europa buy industrial estates

26 November 2012

The Light Industrial Property Partnership, a joint venture between Europa Capital and M7 Real Estate, has bought six industrial estates for £12.6m.

Big Yellow’s strong results

23 November 2012

Big Yellow, the self-storage company, reported strong half-year results this week, driven by good occupancy and rental growth.

Europe's largest Islamic bank makes industrial buy

22 November 2012

The largest Islamic bank based in Europe, the Bank of London and The Middle East, has bought another property for its Light Industrial Building Fund.

Hansteen completes £17.8m of sales

16 November 2012

Hansteen completed the sale of 13 properties totalling £17.8m in the past quarter, it reported in an interim management statement this morning.

Drum’s oil roll call in Aberdeen

16 November 2012

An oil company is close to agreeing a 60,000 sq ft prelet at the second phase of Drum Property’s Prime Four business park in Aberdeen.

L&G eyes three Easter parks

16 November 2012

Legal & General Property is in advanced talks to buy three industrial estates from Easter Group for £20m.

Goodman lets giant Burton shed

9 November 2012

Goodman has let a 213,240 sq ft of industrial unit at First Point, Burton to Hobbycraft

Goodman breaks into Brazil

8 November 2012

Goodman Group has entered into a joint venture with Brazilian developer WTORRE to develop prime logistics and industrial properties throughout Brazil.

First occupier signs at ABZ business park

8 November 2012

Bowtech Products, a subsea energy sector imaging systems specialist will spend £3m on the development of its new headquarters at the 750,000 sq ft business park which adjoins Aberdeen Airport.

Blackstone buys €450m of sheds

02 November 2012

Pan-European logistics empire grows to €2bn with continental and UK purchases

Columbus buys up UK-wide industrial schemes

02 November 2012

Columbus UK Real Estate Fund, advised by Columbus Capital Management, has bought four industrial estates for £17m, reflecting an initial yield of 9.25%.

P3 pulls £250m IPO

1 November 2012

A Prague-based logistics property specialist, which was aiming to become the first property company to float on London’s main market for 31 months, has pulled the IPO (initial public offering).

Retailer seeks southern shed to extend its Range

26 October 2012

Expanding furniture and homeware retailer the Range has started to scour the south of England for sites able to accommodate another 750,000 sq ft distribution centre.

Largest parcel centre to be created

23 October 2012

Developer Alpha Industrial will build a 430,556 sq ft logistics hub in Oberthausen, Cologne for Deutsche Post, making it the largest parcel centre in Germany.

Trading places in Yorkshire good for market

19 October 2012

Manufacturers and retailers have been flocking to Yorkshire to take distribution space. This has resulted in a good start to the fourth quarter of 2012: more than 1m sq ft of shed lettings are due to complete this month in the county.

IPD: values drop for 11th consecutive month

12 October 2012

Eleven consecutive months of negative capital movement in the UK mean property values have fallen by 3.2% since November 2011, according to the IPD UK Monthly Index for September.

Prologis prepares to recapitalise €3.8bn logistics portfolio

12 October 2012

Industrial developer to sell completed European properties into its own managed funds

LaSalle lets three units at Bush Industrial Estate

9 October 2012

LaSalle Investment Management has let three units at its Bush Industrial Estate in Tufnell Park to the Royal Mail Group.

European logistics company aims for London float

9 October 2012

P3, the European logistics owner and developer, confirmed its intention to float in London today with former Segro chief executive Ian Coull as chairman.

Aviva Investors refinances Ashtenne fund

05 October 2012

Aviva Investors has refinanced its £500m Ashtenne industrial portfolio for a further five years, after securing credit from four banks.

It’s not rocket science

05 October 2012

Biotech and medical developments are creating a new forefront. Paul Unger reports

Savills to sell jewels in the Ruby portfolio

4 October 2012

Savills has brought a UK-wide portfolio of 29 secondary properties to the market.

Workspace raises £57.5m in retail bond issue

2 October 2012

Workspace Group has raised £57.5m in its debut retail bond issue. 

Reading between the lines

28 September 2012

Amazon is linked with a shed site in Liverpool after a string of false starts. Paul Unger reports

Vauxhall’s Cavalier

28 September 2012

Saving Ellesmere Port was a personal victory for Vauxhall chairman Duncan Aldred, and a sign of the strength of Britain’s motor industry. Stuart Watson reports. Photograph by Tom Campbell

Grosvenor launches China fund management company

25 September 2012

Grosvenor has set up a Chinese real estate fund management business.

Ford on board at Segro as first lady

21 September 2012

Segro this week appointed its first female board member.

Quintain quits regions

20 September 2012

Listed property company Quintain is selling a fund that holds a high-yielding portfolio of regional property as a result of new chief executive Max James’s review of the business.

Segro appoints Ford to the board

19 September 2012

Segro has appointed its first female board member.

Segro appoints Ford to the board

19 September 2012

Segro has appointed its first female board member.

Former Liverpool Victoria property head joins UBS

18 September 2012

Howard Meaney, the former head of property at Liverpool Victoria, has joined UBS Global Asset Management as portfolio manager for UBS Triton Property Fund.

Goodman’s Mid East $1bn Tokyo shed fund

14 September 2012

Australian developer teams up with Abu Dhabi for logistics development

Roxhill bags German prelet

14 September 2012

Roxhill has signed a prelet at its Brackmills Industrial Estate in Northampton.

Segro's Slough endoscopy

14 September 2012

Karl Storz Endoscopy, a manufacturer of video-imaging equipment, has taken a 10-year lease on 25,000 sq ft at Segro’s speculatively developed industrial building at Montrose Avenue, Slough Trading Estate.

Hansteen buys Easter estate from administrators

10 September 2012

Hansteen has bought Horndon Industrial Park from the joint administrators of Easter Group.

Amazon launches 4m sq ft shed search

7 September 2012

Amazon has launched a search for four new pre-lets, each of around 1m sq ft to coincide with the launch of its new Kindle.  

Kings Norton provides Canmoor and Harbert with food for thought

07 September 2012

Canmoor Developments and Harbert Management are set to develop the last remaining plot at Kings Norton Business Centre to improve the food and drink facilities on the park.

Supply Chain Academy launches in Essex

07 September 2012

The Supply Chain Academy was officially launched on Monday by Iain Liddell, founder and owner of Uniserve Group, the UK’s largest privately owned freight-forwarding company.

Mucklow reports 6.6% NAV drop

5 September 2012

A&J Mucklow, the West Midlands shed investor, incurred a 6.6% drop in its net asset value in the year to 30 June.

Salmon Harvester buys £5.5m Chester shed

4 September 2012

Salmon Harvester Opportunity Fund, the £150 million fund set up by Salmon Harvester and NFU Mutual, has acquired an industrial building in Deeside Industrial Park, near Chester for £5.5m.

CBRE Global Investors buys industrial

3 September 2012

CBRE Global Investors has bought two industrial buildings and a retail park for £23.4m.

Hills' third attempt hard to refuse

31 August 2012

It was third time lucky for Hills Waste Solutions, in its long search to find somewhere to accommodate rubbish collected from the homes of Salisbury and Amesbury.

Signs of life at Hatch Industrial Estate

31 August 2012

British Airways Pension Fund and Canmoor Developments have at last sold the largest standalone warehouse on Hatch Industrial Estate, four years after the completion of the speculative development near junction 5 of the M3 at Basingstoke.

Raven Russia continues steady progress

29 August 2012

Raven Russia increased its net asset value by 4% in the first half of the year, driven by a rise in the value of the portfolio to $1.4bn.

Hansteen reports flat NAV

29 August 2012

Hansteen has posted a small decline in net asset value at the half-year stage after the adverse impact of the Euro’s depreciation wiped out portfolio valuation gains.

Manchester Airports Group submits plans for World Logistics Hub

23 August 2012

Manchester Airports Group has submitted an outline planning application for its £100m World Logistics Hub at Manchester Airport.

LaSalle and Wrenbridge complete industrial purchase

20 August 2012

LaSalle Investment Management and Wrenbridge Land have completed the purchase of the London Works Estate in Barking.

Business park model is not dead

17 August 2012

In a fiercely competitive business environment, some commentators have been quick to call the end of the business park model. I beg to differ.

Multi-let industrial returns dip

17 August 2012

Returns from the UK’s multi-let industrial sector dipped during 2011, but remained positive at 6.9%, despite the effect of significant economic headwinds, research by Gerald Eve shows.

Q+A: Kent Griffin, president, Biomed Realty

17 August 2012

Biomed Realty bought its first European investment property, Granta Park in Cambridge, in June.

IPD: City office values past their peak

14 August 2012

Office prices in the City of London fell for the second consecutive month in July, indicating values in the sector may be past their peak.

GVA: Business Parks - Responding to changing times - Summer 2012

14 August 2012

In the Summer 2012 edition of Business Parks, we explore the changing dynamics and movement away from pure office use, towards a range of alternative uses such as hotels, leisure and residential.

DTZ’s owner posts 15% drop in net profit

13 August 2012

Shares in DTZ’s Australian owner UGL, dropped more than 10% today after the company reported a 15% drop in net profit.

Carlisle Lake District Airport expansion takes off

3 August 2012

Property and logistics group Stobart has been given approval by Carlisle City Council to go ahead with a £20m+ expansion at the city’s airport.

Amway on Secure Kiev park

03 August 2012

Secure Property Development & Investment, formerly Aisi Realty Public, has let 55,238 sq ft at a logistics park in the Ukraine to Amway.

Segro and Roxhill Rugby club

03 August 2012

Industrial developers Segro and Roxhill have teamed up to buy part of an urban extension to the town of Rugby.

Segro announces £81.8m loss

2 August 2012

Segro has posted an £81.8m pre-tax loss for the first half of the year.

CBRE: Market View Dublin Industrial - Q2 2012

27 July 2012

There was a surge of industrial transactions completed in Dublin during Q2 2012, with take-up in the three month period more than double that achieved in the first quarter of the year

CBRE’s industrial action in Aberdeen

27 July 2012

CBRE Global Investors has bought Wellheads Industrial Estate in Aberdeen from F&C Reit Asset Management, as investor appetite for the oil-rich economy continues.

DB Schenker coming up with the goods at Rossington

27 July 2012

Favourite emerges in tender for operator of Helios Europe’s inland port. Rachel Hunter reports

Need to know: Peel Ports launches new warehouses

27 July 2012

North-west-based developer plans second age of the canal. Rachel Hunter reports

Newcastle extends space and finance

27 July 2012

Bids invited for 49% stake in airport after opening of terminal extension. Rachel Hunter reports

Operators see shore thing in London Gateway

27 July 2012

DP World’s deep-water terminal progressing as first operators line up. Rachel Hunter reports

Segro brews up Guinness specs

27 July 2012

Segro is planning to speculatively develop three warehouse units on the site of the former Guinness brewery in Park Royal, west London.

Take three: companies moving to London Gateway

27 July 2012

Source: 1stsiteDB Schenker in training

Avon Capital Estates buys BNP Paribas site in Leeds

26 July 2012

Maybrook Industrial Park in Leeds has been bought by Avon Capital Estates for £5.19m, reflecting a net initial yield of 8.9%.

Natixis and AEW launch €500m debt fund

25 July 2012

Natixis Asset Management and its subsidiary, AEW Europe, today launched a European real estate loan fund.

Great Bear takes takes last remaing space in Kettering

20 July 2012

Logistics provider, Great Bear has taken the remaining 123,000 sq ft of vacant space at Prologis Park in Kettering.

Avon calls Asda to large shed

20 July 2012

Asda has signed one of the biggest industrial lettings deals this year, on the outskirts of Bristol.

Credits roll on Stanhope’s £200m Television Centre purchase

20 July 2012

Stanhope is expected to complete its £200m purchase of BBC Television Centre within days, after contracts exchanged last Saturday.

JLL pilots industrial reshuffle

20 July 2012

Jones Lang La Salle is launching a specialist trade counters division within its industrial and logistics agency teams.

Need to know: YESSS confirms entry to market

20 July 2012

Who is this new addition to the trade counters sector?

Take two: car servicers In’n’out and Halfords Autocentre change it up a gear

20 July 2012

In’n’Out struggled after the recession, while Halfords bought out a rival. Both companies are now looking for ways they can expand in a tough climate. Sarah Stewart reports

Segro warns of £12m rent loss from Neckermann insolvency

18 July 2012

Segro has been hit hard by the collapse of one of its biggest tenants, the German mail-order company Neckermann.

Supermarket scoops giant south west industrial deal

18 July 2012

A supermarket giant has signed one of the biggest industrial occupier deals of the year.

Gazeley gets go-ahead on first rail connected shed

17 July 2012

Gazeley has received detailed consent to build an 850,000 sq ft rail-connected warehouse at G Park Ashby de la Zouch in the East Midlands.

Delancey makes 1m sq ft Olympic play

16 July 2012

Delancey is the property backer of ICity, the frontrunner to buy the 1m sq ft International Broadcast Centre and Main Press Centre following the Olympic Games, PropertyWeek.com can reveal.

Formal buys Leicestershire Hydro shed

12 July 2012

Private property company Formal Investments has bought the 425,000 sq ft Hydro warehouse at Magna Park in Leicestershire, as revealed by Property Week in May.

Acuitus sells 58% of lots at July auction

11 July 2012

The auction market “is not on the slide”, Acuitus auctioneer Richard Auterac insisted today after the firm’s July sale.

Picton reports 5% drop in NAV

11 July 2012

Picton Property Income chairman Nicholas Thompson said the company would focus on “short-term value creation”, once it had concluded the refinancing of its debt.

Mount Street considers Invista counter-bid

9 July 2012

The battle to buy Invista Real Estate Investment Management took a turn this afternoon, when a small real estate private equity firm entered the fray.

Henderson €250m shed fund

6 July 2012

Henderson Global Investors has launched a German logistics fund of up to €250m.

Segro makes €161m French foray in Paris and Lyon

6 July 2012

Segro has agreed to buy eight French logistics estates for €161m from Foncière Europe Logistique.

JV secures major EZ deal

3 July 2012

Barmston Developments, a joint venture between Wilton Developments and Clugston Estates, has secured a deal with logistics provider Vantec Europe to invest £22.5m at an enterprise zone, TheBusinessDesk.com reported today

Henderson launches German logistics fund

2 July 2012

Henderson Global Investors has launched a German logistics fund of up to €250m.

Canmoor hires ex-Chancerygate man

2 July 2012

Canmoor has appointed a former Chancerygate fund manager as its head of asset management.

Segro in €160.8m French deal

2 July 2012

Segro has agreed to buy eight French logistics estates for €160.8m from Foncière Europe Logistique.

Industrial sweet for British Sugar

29 June 2012

Receivers of the 123.5 acre former British Sugar site (pictured) on Sproughton Road in Ipswich are hoping to conclude a sale before the end of the summer.

Need to know: CoreNet’s 2020 predictions

29 June 2012

CoreNet Global revealed the findings of its Corporate Real Estate 2020 research to members last month in a set of eight reports.

Spicers seeks exit from £15m Sawston site

29 June 2012

Spicers, the office equipment supplier, has put its headquarters in Sawston, to the south of Cambridge, and the surrounding 514 acre site up for sale for £15m.

Safestore reports drop in earnings

27 June 2012

Safestore, the self-storage provider, suffered a drop in earnings and net asset value in the six months to 31 March.

Pricoa makes debut UK property loan

25 June 2012

Pricoa Mortgage Capital has closed a £70m commercial real estate loan in the UK, the first financing since launching its European business earlier this year.

Segro completes £204.5m industrial sale and cancels £82m of debt

25 June 2012

Segro has completed the sale of four non-core UK industrial estates for £204.5m to a fund advised by Harbert Management Corporation and has cancelled £82m of debt facilities.

Amersham sheds sell for £100/sq ft

22 June 2012

Peter Beckwith’s PMB Holdings has sold speculative industrial space after stripping back Amersham Commercial Park to its steel frame, and developing units that total 81,482 sq ft on White Lion Lane.

Element Six’s precious new home

22 June 2012

Diamond manufacturer adds sparkle to Goodman’s Oxford park with 50,000 sq ft prelet. Christine Eade reports

Segro plumps for CBRE and specs

22 June 2012

CBRE has replaced DTZ as valuer to Segro’s portfolio of wholly owned properties.

Goodman enters US market with $1.5bn JV

20 June 2012

Goodman has entered the US industrial market with a $1.5bn joint venture with California-based developer Birtcher.

Apollo switches on to data centre sector with £60m debut dabble

15 June 2012

Apollo Global Real Estate has made its debut in the increasingly popular data centre sector.

Growing funds for Santon in Lewes

15 June 2012

The development of Santon Group’s Malling Brooks scheme in Lewes, East Sussex, has been accelerated after being awarded £1.2m from the Growing Places Fund.

Invista shareholder slams takeover bid

13 June 2012

A shareholder in Invista Real Estate Investment Management this afternoon slammed the recommended takeover of the company by Internos Real Investments as “completely unacceptable”.

Hopkins says Workspace strategy will not change after reporting strong results

12 June 2012

Harry Platt signed off as chief executive of Workspace Group after producing a forecast-beating set of results.

Lok'nStore forms Aldershot JV

11 June 2012

Lok’nStore Group has formed joint venture with a consortium of investors to build a self-storage centre in Aldershot, Hampshire.

Calling developers for Old Oak Common

8 June 2012

Developers will be asked to come forward to consult on the regeneration of a huge site to the north of Wormwood Scrubs next summer. This will follow the publication of an initial “Opportunity Area Planning Framework”.

Homeware retailer waits for delivery of DHL shed

8 June 2012

The Range in talks with CBRE Global Investors to take over Thorne shed. Hardeep Sandher reports

Travis Perkins trades up to Luton one-stop shop

8 June 2012

Builders’ merchant to start work on another multibrand park in June. Rachel Hunter reports

Anglo Irish industrial estates sold at 11.7%

1 June 2012

The company set up to wind down Anglo Irish Bank’s property assets has sold a portfolio of 12 multi-let industrial estates to a joint venture between Europa Fund III and M7 Real Estate.

Saudi fund SURFs industrial wave

1 June 2012

Sidra Capital, a Saudi Arabian investment bank, and Gatehouse Bank, a UK-based sharia-compliant bank, have bought a TDG distribution warehouse in Glasgow for £22.4m.

York Mailing presses ahead with investment after Pindar purchase

1 June 2012

Yorkshire printing firm York Mailing plans to invest up to £15m in equipment and technology to support its growing business, after taking over the large-scale publication printing division of Pindar.

Big Yellow’s big year for income

25 May 2012

Big Yellow’s annual results showed a strong improvement in income, at a time when store openings slowed but self-storage demand was maintained.

Drought warning for shedlands

25 May 2012

Despite a starved market, developers are cautious about new projects. Stuart Watson reports

Industrial Scale: Prologis chief Hamid Moghadam

25 May 2012

Prologis chief Hamid Moghadam talks to Patrick Gower about the creation of the world’s biggest property company by portfolio size. Photographs by Trent McMin

Junction Fund approaches end of the road

25 May 2012

Owners prepare £287m vehicle for sale ahead of closing in 2013. Kat Spybey reports

Positivity in store for self-storage sector

25 May 2012

Self-storage operators are reporting continued resilience in the sector, despite the challenging economic conditions.

Q+A: bullish developer takes on speculative challenge

25 May 2012

Few developers have the cash or confidence to build speculatively at present, but Goya Developments this month began construction of 191,000 sq ft at schemes in High Wycombe, Buckinghamshire, and at Park Royal in London

Sims’ new-look IO hopes to reap recession rewards

25 May 2012

IO seeks individual industrial estates shunned by other investors. Stuart Watson reports

Top-flight tenant at Segro's X2

25 May 2012

Segro has signed a second letting on the top deck of its two-storey X2 distribution building (pictured) near Heathrow airport.

Gazeley buys LandSecs out of Magna Park

22 May 2012

Gazeley has completed its acquisition of a 50% stake in the Magna Park industrial park in Milton Keynes from its joint venture partner Land Securities, as revealed by Property Week last month.

Yorkshire site debut for Yorvale joint venture

21 May 2012

Leeds-based property firm Yorvale has acquired its first development site under a joint venture with Maple Grove Developments, TheBusinessDesk.com reported today.

Segro sells £205m portfolio to Harbert Management Corporation

21 May 2012

Segro has exchanged conditional contracts to sell four non-core industrial estates for £204.5m to a fund advised by Harbert Management Corporation, as tipped by Property Week in January

Jaguar Land Rover expands into Ellesmere Port

11 May 2012

Jaguar Land Rover has today confirmed it will occupy almost 400,000 sq ft of space at the Phoenix scheme owned by Highcross in Ellesmere Port, Cheshire.

Back into the black

11 May 2012

Years of losses, mounting debt, a costly workforce and a pensions black hole have forced UK Coal to bet its future on the success of its newly spun-off property arm, Harworth Estates. James Whitmore reports

Q+A: Airport City says ‘come fly with me

11 May 2012

MAG Developments will embark on its search for a development and funding partner for its 5m sq ft Airport City project in the south of Manchester this summer. David Hatcher has a progress report from John Atkins, MAG’s managing director

DTZ: UK Industrial - Q1 2012

10 May 2012

UK take-up was 5.8m sq ft in Q1 2012. This is the lowest quarterly level since Q2 2009 and 20% below the quarterly average. A fall in the numberof transactions from 60 to 49 largely accounted for this drop in activity.

Green light for £210m wind turbine factory

10 May 2012

A £210m wind turbine factory in Hull has been given planning consent, TheBusinessDesk.com reported today

Aviva buys stake in massive Australian logistics park

4 May 2012

Aviva Investors has bought a 50% stake in one of Australia’s largest industrial developments,

Need to know: Hereford and the ‘SAS effect’

04 May 2012

Military hotspot Hereford was last year awarded enterprise zone status.

Savills: Dublin Industrial Market - Q1 2012

3 May 2012

“Q1 12 has seen the sharpest increase in the amount of industrial space coming to the Dublin market in the last number of years, with a record total of 1.4m sq m of space now available. The increase is being driven by overall market conditionsand an increasing number of banks and receivers putting properties on the market.”

Nature Delivered signs in Hayes

30 April 2012

Nature Delivered, the company behind natural food company Graze.com, has signed to occupy an 81,083 sq ft site at Connect West, in Hayes.

Blackstone’s big box bonanza

27 April 2012

US real estate firm to buy from Barclay brothers as part of £600m industrial property spree

Gazeley appointed former Prologis VP

26 April 2012

Gazeley has appointed a former senior vice president at Prologis to its global commercial team.

Vacancy increases at Segro

26 April 2012

Vacancy increased and rental income fell across Segro’s portfolio in the first quarter of the year.

Lok’nStore profit hit by debt costs

25 April 2012

Lok’nStore has reported a 22% decline in first-half pretax profit as a result of higher interest payments and a one-off debt refinancing charge.

Segro agrees to sell IQ Farnborough for more than £90m

20 April 2012

Segro has agreed to sell IQ Farnborough for more than £90m as a part of its disposals of non-core assets.

Former Hampshire airbase to be reincarnated as aviation business hub

20 April 2012

The Homes and Communities Agency (HCA) wants to try to turn the former Daedalus Royal Naval Air Station at Lee-on-Solent, Hampshire, into a specialist aviation and engineering business hub.

Investors on track for rail freight fund

20 April 2012

Increased demand should help to attract investors and operators. Stuart Watson reports

Land near Edinburgh airport earmarked for development

20 April 2012

Bids will be submitted this month for a strategic site in west Edinburgh that lies south of the city’s airport.

Need to know: Imperium measure

20 April 2012

After being bought out of administration before Christmas, Solstice Park’s new owners have embarked on a rebranding exercise. Christine Eade finds out why

Prelets prove that Heathrow is ripe for expansion

20 April 2012

Almost two years ago, an Icelandic volcanic ash cloud brought Heathrow airport to a standstill. Since then, BAA has had to deal with more extreme weather, in addition to a volatile global economy and shifts in international politics towards the issues of security and border control.

Q+A: Gatwick’s retail plans take flight

20 April 2012

Global Infrastructure Partners is in the middle of a £1bn, two-year improvement programme of Gatwick airport that is scheduled for completion in summer 2013.

IO founder John Sims makes industrial comeback

18 April 2012

John Sims, the pioneer of multi-let industrial property investment, is making a comeback with backing from Grosvenor, the Duke of Westminster’s property group.

Patron and TPG win Uni-invest Dutch portfolio battle

17 April 2012

Private equity firms Patron Capital Partners and TPG Capital have won the battle for a €550m portfolio of distressed Dutch properties.

Mountgrange aims to clean up in waste-to-energy sector

13 April 2012

Fund to transform unloved sites into energy plants starting with Network Rail sites

Air of uncertainty over Deeside’s allowances

13 April 2012

North Wales enterprise zone granted economic boost, but still awaits details. Paul Unger reports

Progress report: Ashtenne and NWDA’s JV

13 April 2012

Space Northwest was set up to sell NWDA assets. Paul Unger reports on the joint venture

DTZ’s Menno Maas quits

11 April 2012

Menno Maas has quit as CEO of the Continental Europe, Middle East and Africa (CEMEA) division at DTZ.

Threadneedle frontrunner for Segro regional sheds

5 April 2012

Threadneedle is the frontrunner to buy a portfolio of Segro’s multi-let regional trading estates for around £170m.

Philips offloads campus in Netherlands’ biggest property sale

05 April 2012

Electronics group Philips has sold its high-tech campus (pictured) in Eindhoven for €425m in the Netherlands’ biggest single-asset property transaction.

DTZ: European Logistics Markets 2012

3 April 2012

Year 2011 ended on a mixed note as the sovereign debt crisis spread across the region, leading to a negative economic outlook.

PEPR sells industrial to Hines and Tristan Capital Partners

2 April 2012

Prologis European Properties (PEPR) has sold eight logistics properties across Poland and Germany for €71.8m.

Buchler’s Augur hired to cure misfiring Vauxhall site

30 March 2012

Laing O’Rourke appoints development manager to stop-start Luton scheme. Sarah Stewart reports

Shed sale to Network Rail

23 March 2012

Network Rail has bought a 425,952 sq ft shed in Leicestershire for around £25m, in a rare deal of an occupier buying a property out of receivership.

St Modwen selected as Network Rail’s Derby partner

22 March 2012

Network Rail has selected St Modwen as its development partner for its 70-acre Chaddesden Triangle site in Derby.

Nagel signs pre-let at Leipzig logistics park

19 March 2012

Food logistics company Nagel has signed a 272,336 sq ft prelet at a German logistics park owned by Helios Europe, Tristan Capital Partners and AEW Europe.

Industrial speculative development in Scotland could return after a five year hiatus

16 March 2012

Edinburgh based developer J. Smart & Co. has agreed a deal with the City of Edinburgh Council to develop a 4.79 acre site at South Gyle Crescent in Edinburgh.

Raven Russia’s NAV takes 13% flight

16 March 2012

Raven Russia increased its net asset value by 13.3% to €1.19 (76p) a share last year, driven by a revaluation surplus of $153m.

Harworth Estates to become standalone property company

14 March 2012

UK Coal’s property arm Harworth Estates is to be spun off into a separate company as part of a split of the listed coal miner’s business into separate mining and property companies.

Evans Property Group sells Tesco's Lichfield facility

13 March 2012

Evans Property Group has sold a 700,000 sq ft Tesco distribution unit for £46.2m, TheBusinessDesk.com reported today.

Citi opens door to £400m Gazeley bids

09 March 2012

Investment bank tasked with sale of developer with £504m debt burden

Leicester developer is aggressive about Passivhaus

09 March 2012

Watermead Business Park to sign tenant to all-in rent at green building. Christine Eade reports

Mayor to offload Dagenham dive

09 March 2012

Mayor of London Boris Johnson is preparing to sell one of the largest brownfield sites in east London.

Prologis offloads €400m of French and German sheds

09 March 2012

Further sales across Europe likely, as rationalisation of estate continues after AMB merger

Yodel to shout down two depots in sale-and-leaseback strategy

09 March 2012

Yodel, the parcel delivery group owned by the Barclay Brothers, wants to sell and lease back several of its depots to raise funds following their purchase of DHL Express.

MIPIM 2012: Boris to sell 70-acre former Ford Motors site

6 March 2012

Mayor of London Boris Johnson is preparing to sell one of the largest brownfield sites in east London, part of the former Ford Motors site in Dagenham.

MIPIM 2012: Two big prelet deals for German industrial schemes

5 March 2012

Two large German industrial developments have secured prelets totalling 42,000 sq m.

Legal & General buys £115.4m Tesco shed

24 February 2012

Legal & General has completed a forward funding deal for of a 932,000 sq ft shed in Reading, as revealed by Property Week.

Segro to provide high-tech support at Slough Trading Estate

24 February 2012

Developer plans 1.3m sq ft of offices for data companies and online retailers. Sarah Stewart reports

Mucklow’s NAV falls in half year

22 February 2012

A&J Mucklow suffered a 3% drop in its net asset value in the six months to 31 December.

BGC buys struggling Grubb & Ellis

21 February 2012

BGC Partners, the acquisitive financial services firm which acquired Newmark Knight Frank last October, has expanded its property services platform by buying struggling US firm Grubb & Ellis.

Ignis buys £80m Segro portfolio

20 February 2012

Segro has sold five industrial estates to two funds managed by Ignis Asset Management for £80.2m, as tipped by Property Week.

Broker, baker, record Maker

17 February 2012

Landlords are letting their sheds to unconventional occupiers. Stuart Watson reports

Co-op shed could go nuclear at Bridgwater

17 February 2012

EDF Energy is making quiet preparations to develop the first of a new generation of nuclear power stations - Hinkley C at Bridgwater - despite October’s blockade of the site and a petition signed by 13,000 objectors.

Industrial attraction

17 February 2012

Sheds-starved funds and developers cannot get enough of the logistics sector’s high returns. Patrick Gower reports

Outmoded tax structures for property are damaging our industrial heartlands

17 February 2012

At a time when international currencies are in turmoil and all economies are looking everywhere for some growth, it is, perhaps, ironic that the UK bemoans the alarming historic rate of decline of the manufacturing sector.

Pass the baton

17 February 2012

UPS has set up two large shed facilities to service the London Olympics. Stuart Watson reports

Q+A: Bristol and Bath Science Park’s Bonnie Dean

17 February 2012

Six months ago, Quintain and Aviva Investors held a celebrity opening ceremony for Bristol and Bath Science Park on 59 acres at Emerson’s Green in north Bristol.

Tchenguizes reach Dixons shed Consensus

17 February 2012

Consensus Business Group, adviser to the Tchenguiz Family Trust, has put a Dixons distribution warehouse on the market for £58.5m.

Tyne to build again

17 February 2012

The troubled north-east may seem an unlikely target for investors, but its manufacturing sector is thriving. Stuart Watson report

Yankee Candle lights up Cabot Park

17 February 2012

The distributors of scented candles, wheelie trainers and beds have all expanded into secondhand distribution facilities around Bristol, it seems.

Anglesea consent for Yorkshire "super-shed"

16 February 2012

Anglesea Capital has been given the green light to link two industrial units at its Sherburn Distribution Park in West Yorkshire to create a 550,000 sq ft ‘supershed’, TheBusinessDesk.com reported today.

Anglesea Capital gets planning for Leeds big shed

15 February 2012

Anglesea Capital has been granted planning permission to link two industrial units at its Sherburn Distribution Park outside Leeds to create a 550,000 sq ft shed.

Derbyshire car giant for Henry Boot

10 February 2012

A car parts distributor has taken a 100,000 sq ft prelet at a business park in Chesterfield that is being developed by Henry Boot Developments and Derbyshire County Council.

Gazeley for sale at £400m

10 February 2012

Dubai owner invites pitches for sale mandate

Prologis completes Project Teal sale to Blackstone

9 February 2012

Prologis has sold a 3.5m sq ft shed portfolio to Blackstone for around £211.4m.

Cordea Savills buys Worcestershire warehouse

6 February 2012

Cordea Savills, acting on behalf of The Charities Property Fund, has bought a large warehouse unit in Worcestershire in a deal worth more than £15m, TheBusinessDesk.com reported today.

Hub can create jobs and connect industry, not just passengers

03 February 2012

Our reason for undertaking this study and sharing our idea now was catalysed by the realisation that the population is going to increase by 20% to 10 million over the next 20 years, creating enormous pressure for jobs and for homes.

Meteor Park fully let ahead of Segro sale

03 February 2012

Segro has fully let Meteor Park after completing two deals that total more than 160,000 sq ft.

Roxhill ready for take-off at Coventry

03 February 2012

Mark Glatman and David Keir draw up £250m scheme at airport. David Hatcher reports

Vestas blows life into Sheerness site

03 February 2012

Sarah Stewart reports on Vestas Offshore’s proposal for a 227 acre Isle of Sheppey plot

Segro and Moorfield complete logistics fund deal

1 February 2012

A Segro and Moorfield joint venture this morning announced it had completed the purchase of a £314.7m logistics portfolio from Legal & General, Hermes Real Estate and LaSalle Investment Management, as tipped by PropertyWeek.com.

Q+A: Merchant on track with Hitachi

27 January 2012

Last week, Nick Clegg visited Japan to talk about its future business strategy with the UK.

CBRE: Dublin Industrial - Q4 2011

26 January 2012

Take-up of 140,845m2 was achieved in the Dublin industrial market in 2011 compared with more than 170,000m2 of take-up in this sector of the market in the previous 12 month period, which clearly illustrates the extent to which economic conditions are impacting on occupier relation and expansion decisions.

Caisson cuts self-storage fund equity target due to ‘cautious investors’

20 January 2012

Caisson Investment Management has slashed the equity-raising target for its self-storage fund from £100m to £10m-£20m in light of difficult market conditions.

Gowers confident of safe future for self-storage firm

20 January 2012

Safestore’s chief remains positive after a tough first year in the job. David Hatcher reports

Lok’n Store and two feuding shareholders

20 January 2012

Self-storage CEO unperturbed by major shareholder revolt. David Hatcher reports

Q+A: Starbucks’ coffee to go

20 January 2012

Starbucks opened its first UK drive-through in Cardiff in 2008 and now has around 10. It plans to open a further 200 in the next five years.Dale Calcutt, the company’s vice-president of store development in UK and Ireland, explains the strategy.

Sleath divests Slough £300m

20 January 2012

New chief executive sells sheds and offices to US and UK firms as £1.6bn sell-off continues apace

Rockspring sells Annick Industrial Estate

19 January 2012

Rockspring Property Investment Managers has sold Annick Industrial Estate in Glasgow for £3.4m.

IPC to look at Humber wind turbine manufacturing park

17 January 2012

Plans for a multi-million pound centre for renewable energy on the south bank of the River Humber has taken a significant step forward, TheBusinessDesk.com reported today.

Green light for car manufacturing at historic Jaguar site

13 January 2012

Coventry-based automotive group CPP Global Holdings has been granted planning permission for a 109,000 sq ft production facility on the former Jaguar site in Coventry, TheBusinessDesk.com reported today.

Henderson bets on ‘star’ German sheds

13 January 2012

Henderson Global Investors has raised a further €90m of equity for its Henderson German Retail Income Fund.

Savills extends German reach with BNP Paribas Real Estate team

11 January 2012

Savills has grown its German business by opening a new office in Cologne, which will be staffed by a five-strong team it has poached from BNP Paribas Real Estate.

Lok'nStore wins Maidenhead green light

5 January 2012

Lok’nStore has received planning consent for a self-storage development in Maidenhead, Berkshire.

Blackstone takes year end industrial deals close to £1bn

23 December 2011

US private equity giant Blackstone has exchanged contracts to £479m of industrial property - bringing to a close a bumper week for the sector.

Clowes Developments buys Co-op shed

20 December 2011

Clowes Developments has announced the completion of a deal to forward purchase a 477,263 sq ft distribution warehouse from Standard Life Investments.

Asian giants complete $1.6bn sheds deal

19 December 2011

A joint venture between Singapore-listed Global Logistics Properties and China Investment Corporation has bought a portfolio of 15 sheds in China and Japan for $1.6bn.

Goodman to develop German hub for Amazon

16 December 2011

Goodman has signed up to develop two logistics centres in Germany for online retailer Amazon.

Laxey opposes re-election of Lok’nStore chief executive

9 December 2011

Lok’nStore, the self-storage company, came under fire today from its largest shareholder, Laxey Partners.

BNP Paribas Real Estate Logistics Index - November 2011

9 December 2011

Our statistics for the supply of warehousing in the UK Logistics market would seem to paint a fairly healthy picture for the occupier with 147million sq ft of property on the market.

Blackstone's £500m sheds shopping spree

8 December 2011

Blackstone continued its advance on the UK industrial market this week after agreeing to buy the £300m Triangle shed portfolio from London & Stamford Property.

Aberdeen buys Gazeley Hemel shed

5 December 2011

Aberdeen Asset Management has bought a 168,000 sq ft shed in Hemel Hempstead from Gazeley for £16.5m.

Tamar European Industrial Fund sells £14m Norway assets

30 November 2011

The Tamar European Industrial Fund today has agreed to sell two adjoining warehouse and office assets in Ulsrud, a suburb of Oslo in Norway, for £14.34m.

Investec buys Manchester distribution facility

28 November 2011

Investec Property has bought a distribution facility to the north-west of Manchester for £10.8m.

Cable & Wireless calls Dohertybaines

25 November 2011

Cable & Wireless Worldwide has appointed Dohertybaines on a four-year contract to service all its corporate real estate requirements.

Westbrook and M7 kick off new industrial venture with £35m of deals

23 November 2011

Westbrook Partners and M7 Real Estate have completed £35m of acquisitions for a second joint venture targeting the secondary industrial market. 

Fordgate defaults on €1bn Morgan Stanley loan

18 November 2011

Mining and property magnates Gertners in talks with lenders to portfolio once valued at €1.2bn

London & Stamford to sell 4m sq ft sheds for £300m

11 November 2011

London & Stamford has put up for sale 18 industrial properties known as the “Golden Triangle” portfolio.

Rockspring makes Sweden debut

10 November 2011

Rockspring Property Investment Managers has bought its first property in Sweden, the Myren 6 & 8 logistics property in Sweden for €35m.

Segro CEO pledges to reshape portfolio

8 November 2011

Segro chief executive David Sleath will today announce plans to sell off underperforming assets and focus the business on prime industrial properties in the most stable European markets.

Rockspring buys Leatherhead business park

4 November 2011

Rockspring Property Investment Managers has bought the Mole Business Park in Leatherhead for £38.1m.

Roxhill poaches Goodman's Pardoe

3 November 2011

Graham Pardoe, managing director of Goodman, is leaving to join David Keir’s Roxhill Developments.

Goodman raises new capital for €1.6bn European logistics fund

1 November 2011

Goodman Group has secured a €1.2bn equity and debt package for Europe’s largest distribution property fund.

Morgan Stanley to buy £180m ProLogis portfolio

27 October 2011

Morgan Stanley Real Estate Investing is on the verge of signing a deal to buy a £180m portfolio of industrial properties.

Legal & General wins consent for 920,000 sq ft Corby scheme

18 October 2011

Legal & General Property has been given planning permission for a 920,000 sq ft distribution facility in Corby, Northamptonshire.

Administrators appointed to liquidate Parkridge companies

13 October 2011

Parkridge Retail and Parkridge (Coalville) are to be liquidated following the conclusion of winding-up hearings.

Manchester United buys Segro assets

10 October 2011

Segro has sold two industrial assets and a parcel of land from its Trafford Park portfolio to Manchester United for £8.2m.

Segro completes Polish prelets

30 September 2011

Segro will start work on two Polish industrial developments after securing prelets for 423,000 sq ft of space.

Bristol heads for double prelet

30 September 2011

Goodman has taken the first substantial industrial prelet in the Bristol area this year, and another occupier is close to taking the region’s last big speculative shed

Continental Tyres burns Prologis rubber in West Mids

30 September 2011

Tyre firm to lease Central Park Rugby and Plastic Omnium to take space at Hams Hall

David takes on a goliath

30 September 2011

Ian Coull protege David Sleath gives his first interview since he stepped into the shoes of his predecessor.

Eyes on supplies - despite gloomy global outlook

30 September 2011

Although 2011 has by no means been plain sailing, there have been weak signs of business recovery

Forward-thinking investors will bankroll development

30 September 2011

Industrial developers have faced their fair share of challenges as a result of the global financial crisis

Going green is a Prological decision

30 September 2011

Over the past year, some have championed the “new generation” of shed developers

Middle Ground: Midlands logistics market outperforming the rest of the UK

30 September 2011

The BNP Paribas Real Estate/IPD index reveals that the Midlands are outperforming the rest of the country

Multiple Choice

30 September 2011

Two buyers of multi-let industrial estates explain to Stuart Watson how their assets provide steady income and long-term value

Seismic shift

30 September 2011

Prologis plans smaller developments around London following its merger with AMB

Spaced Out

30 September 2011

The UK’s industrial markets are still a tough environment. After a surge in 2010, occupier demand has fallen again in the first half of this year. Meanwhile, few developers feel confident enough to build speculatively, so the supply of new buildings has dwindled

The course of the mighty Amazon

30 September 2011

The secretive internet retail giant is dominating the big sheds market. Next stop is Widnes

InfraRed buys €50m Frankfurt shed

29 September 2011

InfraRed Capital Partners had forward purchased a logistics development in Frankfurt.

Yorkshire Tea company in distribution deal

28 September 2011

Taylors of Harrogate, the family tea and coffee merchants, has signed a lease at a Yorkshire business park which it is to use as a distribution base for its products, TheBusinessDesk.com reported today.

Gazeley to shift £100m sheds

23 September 2011

Gazeley has put three sheds on the market totalling more than 1.5m sq ft.

Tesco granted consent for 900,000 sq ft Reading shed

22 September 2011

Tesco was last night granted planning consent for a 900,000 sq ft regional distribution centre in Whiteley, south Reading.

German investor buys €177m French shed portfolio

21 September 2011

Munich based fund manager GLL Real Estate Partners has bought a portfolio of eight sheds in France from AEW Europe for €177 million.

Jaguar commits to Wolverhampton

19 September 2011

Jaguar Land Rover has confirmed it will develop a £350m engine plant on the i54 business park in Wolverhampton, as tipped by Property Week.

Delta announce first pre-let in Central Park Bristol

16 September 2011

Delta Properties has announced its first pre-let Central Park in Bristol.

Nissan electrifies Sunderland’s suppliers

16 September 2011

Nissan decided last month that the new model of its Qashqai cars would be manufactured at its plant in Sunderland, as part of a £192m investment in the area by the car giant

Regatta signs with Royal London Asset Management

13 September 2011

Royal London Asset Management has let 400,000 sq ft of space in Ellesmere Port to outdoor clothing supplier Regatta.

Legal & General and Hermes put £320m industrial portfolio up for sale

9 September 2011

Legal & General and Hermes have put an industrial portfolio up for sale worth in excess of £320m, PropertyWeek.com can reveal.

Axa buys Crown Estate site

9 September 2011

The Crown Estate has sold part of its Cabot Park site at Avonmouth to a client of Axa Real Estate for £10.5m.

Prologis completes equity raise

7 September 2011

ProLogis European Properties has today completed a €97.5m (£86m) equity raising to generate funds in order to pay down outstanding debt.

Cutacre partner search underway

5 September 2011

Harworth Estates, the property arm of UK Coal, has launched the search for a development partner at its 200-acre Strategic Employment Park at Cutacre near Bolton in north Manchester.

Parkridge update: PwC confirms appointment to Cutts' collapsed business

25 August 2011

PwC has confirmed its appointment as administrators to John Cutts’s Parkridge Holdings and Parkridge Gate Developments, as revealed by Property Week this morning.

Hansteen cautious over Europe as it reports 3.6% half-year NAV rise

25 August 2011

Hansteen Holdings today reported net asset value per share rose 3.6% over the first half of the year but gave a cautious view of the European markets which it operates in.

CB Richard Ellis: UK Logistics - H1 2011

18 August 2011

The robust demand for logistics units over 100,000 sq ft seen in 2010 has continued into 2011, albeit at a marginally slower pace. A total of 10.39 million sq ft was acquired during the first half. Pre-letting deals have been less prevalent so far this year, with only three deals of note.

Knight Frank: UK Logistics & Industrial - H1 2011

18 August 2011

The rapid growth of online retailing will remain a key driver of occupational demand in the logistics market over the next 12 months.

East Kilbride deal unlocks Cowes development

17 August 2011

Clowes Developments has completed the sale-and-leaseback of an 800,000 sq ft semiconductor plant in East Kilbride in Scotland, unlocking a 700,000 sq ft redevelopment opportunity.

Hull City FC owner refinances for industrial expansion

17 August 2011

Yorkshire manufacturer Allam Marine has completed a £28m refinancing which will be used to fund the development of a 65,000 sq ft factory in the region and increase its international expansion plan, TheBusinessDesk.com reported today.

Chancerygate appoint managers to industrial portfolio

11 August 2011

MJ Mapp have been appointed by Chancerygate to manage a portfolio of seven industrial estates across the UK.

Asda to develop Rochdale distribution centre

10 August 2011

Asda is planning to develop a 633,500 sq ft distribution centre on Kingsway Business Park in Rochdale.

Rolls-Royce unveils factory plans

8 August 2011

Rolls-Royce has submitted plans for two new factories in South Yorkshire which will employ more than 350 people, TheBusinesDesk.com reported today.

Mayfair Capital buys nine properties

3 August 2011

The Mayfair Capital Property Unit Trust has bought nine assets in the second quarter of 2011.

Pair do battle for Segro’s GL7

29 July 2011

Two fund managers are in the running for Segro’s £52m GL7 industrial estates portfolio.

Prologis European Properties reveals static half-year results

28 July 2011

Net asset value per share at Prologis European Properties has stayed static over the first half of the year.

Fashion use proposed for Olympic media complex

15 July 2011

A consortium of fashion brands backed by Resolution Property has joined the list of parties lobbying to take over the 1m sq ft Olympic media and broadcast centres in east London after the 2012 Games finish.

Car dealership demand accelerates

15 July 2011

Dealership requirements have begun to steadily increase as the car industry has recovered

Green light given on Staines Road

15 July 2011

Ambit and Aegon have secured planning permission from Hounslow Council for a trade counter development

Pendragon claws back as industry recovers

15 July 2011

Car industry recovery signals end of dealer’s property disposals

Q+A: Lok’n Store turns a page with Saracen

15 July 2011

Earlier this month self-storage company Lok’n Store bought Saracen Data Store, a document-storage company, for £4m

Shurgard embarks on European-wide refurbishment

15 July 2011

Shurgard Europe is to improve and refurbish six of its UK stores at the end of the year

Drivers Jonas Deloitte: The Self Storage Association UK Annual Survey 2011

14 July 2011

The results of the survey paint a picture of a sector which has weathered the recession intact and is looking forward to a period of steady growth.

Poundworld relocates headquarters

7 July 2011

Retailer Poundworld has relocated its headquarters to a 215,000 sq ft warehouse in West Yorkshire following record growth and a national expansion drive, TheBusinessDesk.com reported today.

Safestore NAV per share falls by 2%

23 June 2011

Net asset value per share at Safestore, the UK’s largest self storage company, fell by 2% over the six months to the end of April – as the company delivered a cautious view of the UK economy.

St Modwen to develop £20m Siemens facility in Lincoln

15 June 2011

Listed developer St Modwen has agreed a £20m pre-let with technology giant Siemens for a 135,000 sq ft gas turbine service facility at Teal Park in Lincoln.

UK Coal and Peel in waste facility joint venture

14 June 2011

UK Coal is proposing a joint venture with Peel Group, its largest shareholder, to develop waste facilities on 11 properties within its Harworth Estate property portfolio.

Developer seeks grant for Yorkshire manufacturing park

9 June 2011

Plans for a £20m state-of-the-art manufacturing park in South Yorkshire have been put forward by Crossland Otter Hunt, The BusinessDesk.com reported today.

Mersey Ports masterplan published

7 June 2011

Peel Ports Mersey has today put its 20-year masterplan for Mersey Ports out to consultation.

Peel readies 2.5m sq ft Trade Centre plans

1 June 2011

Peel is preparing to lodge plans for its International Trade Centre in the Wirral.

Comet pulls plug on stores and service centres

27 May 2011

Up to 10 stores to be divested and service centres closed

Estates trading begins at last

27 May 2011

After shortage of investment opportunities, funds start to sell portfolios

House of Fraser gives it some Welly

27 May 2011

Prupim has let its 287,000 sq ft Big Welly warehouse at Park Farm Industrial Estate in Wellingborough, Northamptonshire, to House of Fraser

No waste of space for Kuehne & Nagel

27 May 2011

Biffa’s 237,000 sq ft building on Prologis Park Midpoint in Birmingham has been placed under offer by Kuehne & Nagel

Segro out of the spec blocks at Slough

27 May 2011

Segro has committed to developing 124,000 sq ft of speculative industrial space at Slough Trading Estate

Tesco letting helps Lynton take off at Gatwick

27 May 2011

Scottish Widows lines up funding for 20 acre development

Who’s selling what?

27 May 2011

Henderson Global Investors: Cyrus portfolio of three industrial estates in the south-east under offer to Orchard Street for around £51m; Axis portfolio consisting of small units around London developed by Chancerygate under offer to an unnamed buyer for £28m; 1.5m sq ft Gillingham Business Park in Kent for sale at £35m

ProLogis takes control of PEPR after raising offer

9 May 2011

ProLogis has taken majority control of ProLogis European Properties (PEPR), Europe’s largest owner of warehouses, after agreeing to buy the shares held by Dutch pension fund manager APG and the Government of Singapore Investment Corporation (GIC).

Gatehouse buys £53m Scottish Rolls-Royce factory

3 May 2011

Shariah-compliant wholesale bank Gatehouse has bought a Rolls-Royce manufacturing and logistics plant in Glasgow for £52.7m.

Lloyds puts £60m of assets on the market

3 May 2011

Lloyds Banking Group has put a portfolio of 38 distressed properties on the market through Jones Lang LaSalle.

US hedge fund opposes ProLogis’s offer for PEPR

28 April 2011

Fir Tree Partners, a New York-based hedge fund manager that owns 4.3% of ProLogis European Properties (PEPR) is opposing a €1.2bn tender offer by its largest shareholder and manager ProLogis.

Legal & General submits industrial planning application

27 April 2011

Legal & General has submitted an outline planning application for an 880,000 sq ft distribution warehouse at its 70 acre site on Geddington Road, Corby.

Tamar European Industrial Fund given debt extension

14 April 2011

Tamar European Industrial Fund has been given a three and a half year extension to its €88m debt facility as it reconsiders the fund’s strategy.

Goodman and APG make €1.1bn bid for ProLogis European Properties

12 April 2011

Goodman, the global industrial property group, has teamed up with giant Dutch pension fund manager APG to make a €1.14bn bid for Euronext-listed ProLogis European Properties.

Sainsbury's buys Essex industrial estate

5 April 2011

Sainsbury’s is to develop a new logistics hub after buying an Essex industrial estate from European investment manager Valad.

Gerald Eve: Prime Logistics - Spring 2011

4 April 2011

Following 2009, the year we would all prefer to forget, headline figures for 2010 have highlighted a marked improvement in the big shed occupiermarket.

Boultbee buys £18.5m industrial portfolio

30 March 2011

Boultbee has bought a portfolio of six industrial properties from DTZ for £18.5m, reflecting an initial yield of 8.8%.

Wheeler and Brixton end employment row

28 March 2011

Brixton and former chief executive Tim Wheeler have ended their row over Wheeler’s exit from the company in early 2009.

Gazeley UK submission: The National Planning Framework

24 March 2011

The new National Planning Framework (NPF) will provide a set of consolidated policies to guide development management decisions and enable Government objectives to be delivered using an approach which is intended to be localist, accessible and clear.

Safestore promotes head of French business to main board

24 March 2011

Safestore Holdings has promoted the founding director if its French business to the main board of the business.

Shareholders approve A$1.4bn ING REIM industrial fund sale

17 March 2011

Shareholders in ING Real Estate Investment Management have approved the A$1.42bn sale of its industrial fund to a consortium led by Australian group Goodman.

Learning Tree finalises its relocation

15 March 2011

Learning Tree International has relocated to new office and warehouse properties on Mole Business Park, Leatherhead

Tamar posts slight NAV growth

04 March 2011

Investment company Tamar European Industrial Fund has today reported a 1.2% increase in net asset value in its full-year results.

Goodman wins 1.2m sq ft German Amazon shed deal

2 March 2011

Goodman Group is to develop a 1.2m sq ft shed for Amazon in Rheinberg, Germany.

Raven Russia agrees $54.4m Moscow shed purchase

28 February 2011

Raven Russia has agreed to buy a warehouse in the Domodedovo district of southern Moscow, close to the international airport.

Segro's UK managing director to leave

24 February 2011

The managing director of Segro’s UK business, Ian Sutcliffe, will leave the firm at the end of April.

Mucklow’s NAV drops in “subdued” Midlands market

23 February 2011

A&J Mucklow’s net asset value dropped slightly in the second half of last year after a small drop in the value of its industrial portfolio.

Knight Frank and DTZ appointed to Leeds industrial estate

17 February 2011

Knight Frank and DTZ have been appointed agents on the 480,000 sq ft Millshaw Park industrial estate in Leeds.

Stable results at PEPR following slight NAV growth

10 February 2011

Net asset value per share at Prologis European Properties rose by just €0.01 in the last quarter of 2010 – resulting in full year NAV growth of 2.8%.

Next takes last space at Doncaster industrial park

27 January 2011

Next has taken the last space at IM Properties industrial park West Moor Park in Doncaster.

LaSalle partners for north London industrial development

25 January 2011

LaSalle Investment Management has partnered with Curtis Real Estate for a rare industrial development in north London.

Segro agrees pre-let with Selig in Slough

21 January 2011

Segro has pre-let a 75,445 sq ft warehouse at Slough Trading Estate to Selig UK on a 15-year term.

London & Stamford refinances £205m portfolios

20 January 2011

London & Stamford has refinanced two distribution portfolios it bought for £205m last year.

Safestore CEO to retire

18 January 2011

Safestore, the UK’s largest self storage provider, this morning announced the surprise retirement of CEO Steve Williams.

Planning submitted for Co-op’s Avonmouth distribution centre

13 January 2011

Gallan Group and Stoford Developments have submitted a detailed planning application for a 435,780 sq ft distribution centre in Avonmouth, Bristol.

Private investor buys South Mundells estate

11 January 2011

A private investor has bought South Mundells business park in Welwyn Garden City for £3.44m, reflecting a net initial yield of 9.92%.

Azure sells last petrol station in £200m portfolio

10 January 2011

Azure Property, the joint venture between Palmer Capital and RREEF Alternative Investments, has sold the last property in its 104 petrol station portfolio bought in 2005.

Aerium sells €210.5m Parisian portfolio

10 January 2011

European property fund manager Aerium has sold a portfolio of Parisian offices for €210.5m.

Winfield and Leach quit Cushman & Wakefield

5 January 2011

Two senior investment agents at Cushman & Wakefield, Peter Winfield and James Leach, have left the firm.

Snow-clogged minor roads scupper Christmas deliveries

21 December 2010

Online Christmas shoppers are set to suffer this week as gift deliveries fail to make it from blocked airports to cut-off minor residential roads, according to DTZ.

Finance man Sleath to replace Coull as Segro chief

16 December 2010

Segro has appointed David Sleath to replace Ian Coull as chief executive of the industrial REIT.

IM Properties secures Santander loan

10 December 2010

Santander Corporate Bank has agreed to provide a £52m five-year investment loan facility to IM Properties.

King Sturge expands industrial team

6 December 2010

King Sturge has appointed Melinda Cross and David Peck as partners in its industrial and logistics agency team.

Agents appointed at Southampton Trade Park

6 December 2010

King Sturge, Lambert Smith Hampton and GVA Grimley have been appointed to market Southampton Trade Park after it was bought by ING REIM.

Wadham & Isherwood: Blackwater Valley Industrial Market Report - October 2010

14 November 2010

A survey of industrial property transactions in the Blackwater Valley towns, undertaken by Wadham & Isherwood, reveals that a total of 232,886 sq ft (21,635sq m) of industrial property of over 1,000 sq ft (92 sq m) was let or sold between April 2009 and September 2010.

Rockspring buys industrial estate near Heathrow

5 November 2010

Rockspring’s Hanover Property Unit Trust has bought the Court Lane Industrial Estate in Iver, Buckinghamshire, for £12.6m.

Asia leading the way in industrial rent recovery

4 November 2010

Asia is leading the way in a global industrial markets rental recovery, research from CB Richard Ellis has shown.

Mayfair Capital takes property fund past £100m

2 November 2010

Mayfair Capital Investment Management has bought two industrial properties in Langley, Berkshire, for £7m, taking assets under management for its charity fund past £100m.

PEPR seeks return to investment grade rating

28 October 2010

ProLogis European Properties has reduced its loan to value ratio to 52.5% and boosted net asset value by 2.6% to €6.31 per ordinary unit, according to its latest results.

Valad sells final phase of Woolwich io Centre

25 October 2010

Valad has sold the final phase of its £33m, 375,000 sq ft io Centre in Woolwich. The last remaining unit has been bought by Faircloth.

Gazeley builds spec in Germany

22 October 2010

Gazeley has started speculative development in Germany with a 215,000 sq ft logistics warehouse in Kandel.

PointPark wins logistics fund mandate

15 October 2010

PointPark Properties, the European logistics developer and asset manager, has been appointed as the asset manager for the Crescent Euro Industrial II fund, which is majority owned by Arcapita.

Warner Estate lets Swindon shed

15 October 2010

Warner Estate Holdings has let its 75,638 sq ft South Marston One warehouse in Swindon to battery manufacturer, Yuasa Batteries.

Ocado picks up Warwickshire site

12 October 2010

Ocado has bought a 32.5-acre site from IM Properties at Birch Coppice Business Park in North Warwickshire to build a 350,000 sq ft distribution centre.

PEPR renews 2.7m sq ft of leases

7 October 2010

Prologis European Properties (PEPR) has completed lease renewals on 2.7m sq ft of distribution space in France and Spain.

Verbrugge sub-lets Felixstowe warehouse

29 September 2010

Denholm Forwarding has agreed to sub-let a 164,000 sq ft warehouse in Felixstowe from Verbrugge International.

Heysham industrial estate up for sale

22 September 2010

Northern Tissue Group is selling a 42-acre industrial estate in Heysham, Lancashire.

Terrace Hill tempts Kondor to Christchurch

17 September 2010

Terrace Hill Group has agreed a £5m sale and development deal with mobile phone accessory distributor Kondor at Christchurch Business Park.

IPD: industrial property values dropped in August

14 September 2010

UK commercial property values rose just 0.1% in August, the shallowest monthly growth since the market rebound began last summer, according to Investment Property Databank’s latest UK Monthly Index.

Invesco launches third UK fund for German institutions

9 September 2010

Invesco Real Estate has launched and completed the first closing of its third UK fund for German-speaking institutional investors.

Mucklow outperforms peers with strong NAV growth

8 September 2010

A&J Mucklow, the industrial REIT focused on the Midlands, achieved a 16% increase in its net asset value in the year to 30 June.

Segro secures eight deals

7 September 2010

Segro has secured eight industrial pre-lets totalling 473,000 sq ft across the UK and Europe.

Nelson Industrial Park in receivership

27 August 2010

Profile Park, a 150,000 sq ft mixed use commercial site on Junction Street in Nelson has been placed in the hands of Law of Property Act (LPA) receivers LPA Direct.

A student’s home is his Castle

27 August 2010

Student Castle, a new student accommodation development company, has been established by Edward Cade and Jacqui Hawthorn

Edinburgh student digs supply catches up with demand

27 August 2010

Popular student city’s accommodation levels are rapidly rising

Need to know: where to get your student loans

27 August 2010

David Hatcher examines the three large-scale lenders to the student accommodation sector: Barclays Corporate, the Royal Bank of Scotland and Santander

Segro hampered by tough continental market

26 August 2010

Segro today revealed a mixed picture across its portfolio for the first half of 2010, with a solid performance in south-east England countered by weaker conditions in continental Europe.

HelioSlough takes legal action over Radlett decision

17 August 2010

HelioSlough has submitted a legal challenge to the High Court of Justice to a decision by the secretary of state to dismiss its appeal to develop its scheme in Radlett.

PEPR secures €50m credit facility

16 August 2010

Prologis European Properties (PEPR) has agreed a new €50m credit facility with a consortium of banks.

AMB Property Corporation lets 139,900 sq ft in Europe

11 August 2010

AMB Property Corporation has let around 139,900 sq ft of its European operating and development portfolio.

Rockspring buys in Basildon

10 August 2010

Rockspring’s Hanover Property Unit Trust has bought the freehold of the Wollaston Industrial Estate in Basildon from Standard Life.

LSH and DTZ win Helical Bar appointment

6 August 2010

Helical Bar has appointed Lambert Smith Hampton and DTZ as joint letting agents for Motherwell Park, the industrial and office development near Bellshill.

Business park value decline slows

06 August 2010

Strutt & Parker/IPD index shows resilience among best parks

Developer's View: Jim Johnston

06 August 2010

Recovery under threat if councils hide behind planning chaos

Need to know: composites make up Bristol picture

06 August 2010

The National Composites Centre (NCC) took a prelet and became anchor tenant in November on SPark, the 828,828 sq ft Bristol and Bath Science Park at Emersons Green, north of Bristol

Peel invests in Ellesmere Port

4 August 2010

Peel Ports has bought the 46-acre Ellesmere Port site from Bridgewater Paper Company’s administrators Ernst & Young for £10.5m.

CBRE seals two sheds deals in West Midlands

30 July 2010

British Capital Property has bought a 130,000 sq ft warehouse near Wolverhampton from a private investor for £8.35m, reflecting a net initial yield of 7.53%.

Airport assets ready for take-off

30 July 2010

Part of Fairoaks airport in Surrey is being sold for an undisclosed price by the joint administrators of of Albermarle Fairoaks, which collapsed in February 2010.

City Airport is unlikely green champion

30 July 2010

The London Development Agency (LDA) is trying to stimulate development in the east of the city by attracting occupiers involved with green enterprise

Manston plans to open Gateway

30 July 2010

Developer shifts focus of business park to Chinese start-up companies

Partnership by name, partnership by nature

30 July 2010

Segro’s 50% purchase of the Airport Property Partnership portfolio from BAA last month gave it a stake in some of the most valuable airport-associated assets in the UK

Q+A: port rates — is the battle won?

30 July 2010

At the end of May, emergency regulations were put in place to halt the demand of payments for backdated business rates for port occupiers

Segro's Vector Park trio

30 July 2010

Segro has signed three occupiers at Vector Park in Feltham, west London, which is part of its Heathrow portfolio

DTZ Property Times: Belgium Industrial - Q2 2010

29 July 2010

The occupiers’ activity on the Belgian industrial market has improved during the second quarter of 2010, recording nearly 255,000 sq m compared to 137,000 sq m in Q1 (+ 85%) On an annual basis, the take-up now reaches 787,637 sq m.

Internos secures logistics letting in the Netherlands

28 July 2010

Internos Real Investors, the €1.5bn real estate fund management business has let 12,000 sq m of distribution space in the Netherlands.

Former Prologis MD joins Chapco

23 July 2010

Former ProLogis managing director Alan Curtis has joined facilities management company Chapco Group as non-executive chairman.

Western Europe top for industrial say sector specialists

20 July 2010

Two-thirds of leading investors, developers and occupiers of industrial property see Western Europe as the most attractive region for logistics investment in the next three years, according to CB Richard Ellis research.

Colliers reshuffle after double departure

15 July 2010

Colliers CRE has lost two directors from its industrial and logistics team.

Big Yellow reports strong trading update

7 July 2010

Big Yellow, the listed self-storage company, revealed strong trading conditions in its interim management statement today.

Segro to delist from Euronext Paris

24 June 2010

Segro is to delist from the NYSE Euronext Paris – partly due to low transactional volumes in the French capital.

AEW Europe buys Polish warehouses for €91m

21 June 2010

AEW Europe has bought five warehouses in Poland from Panattoni Europe and Standard Life Investments for approximately €91m through its European Property Investors Special Opportunities fund.

MAG attracts JETS to Bournemouth airport

15 June 2010

MAG Developments has agreed a five-year lease with Jet Engineering Technical Support (JETS) on a fly-in, fly-out facility at Bournemouth airport.

Goodman sets up two logistics vehicles with CBRE-managed trust

11 June 2010

Goodman has created two co-investment logistics development vehicles with US REIT CB Richard Ellis Realty Trust in the UK and Europe.

ProLogis secures build-to-suit deals in France and Japan

9 June 2010

ProLogis has signed build-to-suit agreements in France and Japan totalling 522,000 sq ft, involving a $60m investment by the sheds developer.

Scottish Widows toys with Bury letting

20 May 2010

Scottish Widows has let a 200,000 sq ft shed in Bury to toy distributor Sambro International.

Opus lets Yorkshire industrial and offices

19 May 2010

Developer and investor Opus North has let 66,500 sq ft of industrial and office space at its Opus 36 business park on the outskirts of Goole, Yorkshire, to HCK, the commercial catering equipment and supplies group.

Colliers CRE wins Asda distribution role

12 May 2010

Colliers CRE has been instructed by Asda to manage its distribution estate after a competitive tendering process.

London & Stamford buys Radial portfolio for £208.5m

10 May 2010

London & Stamford has exchanged contracts with Warner Estate Joint Ventures and Lloyds Banking Group's Uberior Ventures to buy the Radial Distribution fund for £208.5m.

Conygar green light for Holyhead scheme

6 May 2010

Conygar Investment Company has won planning consent for a 130,000 sq ft industrial and office development in Wales.

Industrial take-up increased by 70% in the first quarter of 2010

4 May 2010

Take-up of industrial and distribution warehouse units is up almost 70% on 2009 levels, according to research by Jones Lang LaSalle.

Aurora Property Group secures Bangor prelet

20 April 2010

Aurora Property Group has secured a prelet to Eurocell at the Gateway Park in Bangor, North Wales.

Segro promotes Gulliford to lead continental Europe division

13 April 2010

Andrew Gulliford has been appointed to head the continental Europe division of Segro.

Knight Frank's European Logistics and Industrial Report 2010

9 April 2010

Though prime logistics rents fell across Europe over 2009 in line with weak demand, the few deals that were done tightened supply - a trend expected to continue over 2010 due to the scarcity of speculative development.

CB Richard Ellis UK Monthly Index - April 2010

9 April 2010

CB Richard Ellis’s monthly index gives total property returns and the change in returns across UK office, industrial and retail property as well as the all property return.

Gatwick airport continues upgrade to first class

9 April 2010

Gatwick airport is home to the busiest single runway in the world and 33 million passengers pass through its gates every year

London Gateway targets high street retailers

9 April 2010

DP World seeks prelets for massive deep-sea port on Thames

Occupiers ponder rail freight costs

9 April 2010

Rail freight terminals are promoted as environmentally friendly and cost efficient. But are occupiers willing to pay more?

Talking Shop: Brian Collie

9 April 2010

Airports can fashion maximum return from retail space

Barrie blogs on Wheeler `tragedy’

8 April 2010

I went along to the Tim Wheeler industrial tribunal again today – and the overwhelming feeling about the whole episode is now one of sadness.

Wheeler considers High Court action

7 April 2010

Former Brixton chief executive Tim Wheeler said today he was considering High Court action against Brixton and the company that acquired it, Segro.

Wheeler Tribunal: Wheeler "abrupt and rude" says Dawson

6 April 2010

Tim Wheeler's management style was often pedantic, abrupt, and rude, according to his successor, chief executive of Brixton, Peter Dawson.

O Twelve sells Kent industrial estate

31 March 2010

O Twelve has sold The Interchange industrial estate in Swanley, Kent, to ING Real Estate Investment Management for £24.4m - less than it was bought for in 2007, but at significantly higher than its last valuation in September 2009.

King Sturge's European Industrial Markets Report 2010

26 March 2010

"Modern warehouse facilities within key logistics hubs linked to the larger sea ports and airports, as well as locations with enhanced multi-modal capabilities should out-performover the recovery period."

LaSalle lets 100,000 sq ft in Grangemouth

25 March 2010

LaSalle Investment Management has let 100,000 sq ft of industrial space in Grangemouth, Stirlingshire.

MIPIM 2010: UK is strongest Euro sheds market

17 March 2010

Britain was the best performing industrial investment market in 2009, according to Jones Lang LaSalle research published at MIPIM today.

Industrial Chemicals buys Yorkshire site

17 March 2010

Industrial Chemicals has bought a 35-acre site in Selby, north Yorkshire for a new manufacturing plant.

M3 receives takeover approach from CB Richard Ellis

12 March 2010

CB Richard Ellis has approached industrial specialist M3 about a possible takeover of the company.

Hansteen pulls out of Kenmore European Industrial Fund bid

12 March 2010

Hansteen said this morning it was no longer considering making an offer for the €330m Kenmore European Industrial Fund (KEIF).

BNP Paribas Real Estate: Logistics Matters - Waste Management Special Report

05 March 2010

"Since the spring 2009 edition of Logistics Matters: The National Perspective supply has increased by 10.75% and now stands at just over 138 million sq ft, having peaked at 139.3 million sq ft in Q2 2009. This has been driven by lower than average take up levels and continued corporate failure, although not on the same scale as we saw previously with companies such as Woolworths and MFI entering administration."

CBRE Monthly Property Index: March 2010

05 March 2010

A monthly index showing total returns and change in total returns across office, retail and industrial property as well as for all property.

Busy as a B2

Sheds February 2010

Manufacturers are the unexpected benefactors of the depressed market

Databank: Rent recovery in 2013

Sheds February 2010

Industrial rents will continue to fall until they stabilise in 2012 and increase slowly in 2013, King Sturge has forecast

Food retailers are the only ones eating away at the supply

Sheds February 2010

I envisage 2010 as the year of the “living dead”, with the global businesses in our sector sustained solely by the life-support machine that is the Bank of England’s low interest rates

Hungry for more

Sheds February 2010

Institutions are under pressure to spend but there is little to satisfy their appetite

Leader

Sheds February 2010

Last year will go down as one of the worst for the British economy since the end of World War II

Owners could revert to type

Sheds February 2010

Yes, you have heard it all before from many commentators, but just once more for the record, 2009 was a nightmare year for commercial property agents

Savills pays Asda price for advice

Sheds February 2010

Colliers CRE and BNP Paribas Real Estate retender for logistics contract

TDG parks up with Honda in Swindon

Sheds February 2010

TDG finalised the deal last month to take space in Swindon to make car part deliveries to Honda, even though it has been in occupation under a “tenancy at will” agreement since April

UK boosts Segro's portfolio value

25 February 2010

UK property valuation gains of 8.9% in the second half of the year buoyed Segro’s year results, revealed this morning.

Gazeley gets green light for two industrial schemes

17 February 2010

Industrial developer Gazeley has been granted detailed planning permission on two of its key development sites: G Park Bristol and G Park Strood in Kent.

Cushman & Wakefield Business Briefing: Great Britain Capital Markets - Office and Industrial Overview

12 February 2010

"There was seismic improvement in sentiment in the second half of the year which significantly increased turnover and lead to dramatic capital growth. Whilst activity has been focused on the prime end of the market, towards the end of the year we began to see improved demand for secondary property where pricing has, in contrast to the prime market, appreciated less."

F&C REIT: Market Review Outlook

5 February 2010

"The property market has seen a dramatic turnaround from mid 2009 to give a 2.2% total return for the full year. The recovery gained pace during the year and the December IPD Monthly total return was a record 3.6%."

Goodman gets Andover green light

4 February 2010

Developer Goodman has received planning consent for a 467,000 sq ft shed at its Andover Airfield site from Test Valley Borough Council.

Medical company buys Motorola site in Swindon

2 February 2010

Medical products manufacturer Vygon has won planning consent for the redevelopment of a 46-acre former Motorola site in Blunsdon, Swindon.

Highcross sells 10 industrial buildings

27 January 2010

Highcross has sold 10 industrial buildings in four deals at developments in Rugby, Crewe and Kidderminster totalling £8m.

WHEELER TRIBUNAL: Wheeler "given no chance" to appeal against his dismissal

21 January 2010

Brixton’s former chief executive Tim Wheeler had no chance to appeal against his dismissal and any process to do so was a “total sham”, an employment tribunal heard today.

WHEELER TRIBUNAL: Brixton's Steve Owen under fire at Wheeler tribunal

20 January 2010

Former Brixton deputy chief executive Steve Owen came under fire at Tim Wheeler’s employment tribunal against the former board of Brixton today.

WHEELER TRIBUNAL: Patten claims Wheeler refused to do "important rights issue work"

19 January 2010

Brixton’s former chair Lady Louise Patten today said Tim Wheeler refused to progress “important” work for the company’s proposed rights issue until the company agreed a remuneration and pension package in his favour.

Goodman forms joint venture to develop South West’s largest distribution park

18 January 2010

Goodman has formed a joint venture with Severnside Distribution Land at a site in Severnside, Bristol to develop the South West’s largest distribution park.

PMB Holdings flip Morrisons shed for profit

12 January 2010

PMB Holdings has flipped a 331,568 sq ft warehouse let to Morrisons at Swan Valley Park, in Northampton to Scottish Widows Investment Partnership Property Trust at a profit.

Invista's UK commercial property overview - December 2009

18 December 2009

"The direction of capital value movement has changed and point of inflection has occurred. Capital values are likely to stabilise over the next 6 months and thereafter remain broadly stable, although within the market there will remain a number of peaks and troughs as alternative sectors and regions of the UK perform quite differently moving forwards."

DP World spends £136m as it commits to London Gateway scheme

4 January 2010

Dubai World-owned developer DP World has further distanced itself from financial comparisons to its debt-laden parent, by spending £136m buying 1,000 acres of development land in Thurrock.

British Land buys £87m retail assets from Segro

30 December 2009

British Land has bought Segro's 50% interest in a joint venture with Tesco in the Surrey Quays Shopping Centre in south east London and the Clifton Moor Retail Park in York.

BAE Systems signs up for record pre-let in North East

21 December 2009

Developers Highbridge have signed up BAE Systems for a £33m manufacturing and office facility at their Radial 64 site in the North-East.

Lockerbie Data Centres wins consent for £900m Scotland scheme

17 December 2009

Lockerbie Data Centres has won planning consent to develop a £900m Peelhouses data centre project, in Lockerbie, Scotland.

Ashtenne Industrial Fund completes £92m disposals with The Steel Park sale

14 December 2009

Ashtenne Industrial Fund has completed its £92m disposal programme for this year by selling The Steel Park in Wednesfield near Wolverhampton.

ING REIM buys £21m retail park

8 December 2009

ING Real Estate Investment Management has bought a retail warehouse at Mucklow Hill, Halesowen, West Midlands for £21.7m on behalf of the Skandia Property Fund.

DTZ Echinox: CEE Industrial and Logistics

04 December 2009

"In 2009 the Romanian logistics real estate sector can be described as a prudent market from both the developer’s and the logistic companies’ perspective most of whom put on hold their expansion plans for the moment."

Sheds deals totalling 410,000 sq ft agreed in outer London market

27 November 2009

Around 410,000 sq ft of shed lettings deals are under offer around the outskirts of London.

Joe Lewis in talks over management of Kenmore European Industrial Fund

26 November 2009

Kenmore European Industrial Fund (KEIF) confirmed this morning that it is in talks with entities controlled by British billionaire Joe Lewis in regard to the continued management of the company.

Eshton lets 213,000 sq ft at Burnley Bridge Business Park

24 November 2009

Leeds-based developer Eshton Group has pre-let a 213,000 sq ft shed development to Findel, a home shopping, education and healthcare company, at Burnley Bridge Business Park.

Croft’s M7 buys three more industrial estates

20 November 2009

M7 Real Estate and Europa Capital Partners have exchanged contracts to buy three industrial estates in Swindon, Basildon and Tipton.

MGPA lets 151,547 sq ft in the year’s “most significant” South Wales deal

16 November 2009

MGPA has let 151,546 sq ft at Pencoed Technology Park near Bridgend to Invacare UK in one of the most significant deals in South Wales this year.

Three portfolios for sale

13 November 2009

More than £150m of property spread across three portfolios has been put up for sale this week.

Irn-Bru maker takes shed space in Cumbernauld

12 November 2009

AG Barr, which makes Irn-Bru, has taken 86,500 sq ft at Westfield Industrial Estate in Cumbernauld, Scotland.

Go-ahead for industrial space in Glasgow

9 November 2009

British Rail Board (Residuary), which owns former railway property now not needed for the operational railway, has got the go-ahead for development on an industrial estate in Glasgow.

Former Internacionale shed close to letting

6 November 2009

Logistics company Wincanton is in talks to take around 170,000 sq ft at the former Internacionale shed at Eurocentral, in Lanarkshire.

CoStar Investment Bulletin Q3 2009

06 November 2009

"Investment activity is gathering pace as investors look to enter the market at the lowest point in the cycle. Deal volumes are now rising and a total of £6.1bn was sold in Q3 2009."

Rugby Estates sells two industrial properties

4 November 2009

Rugby Estates has sold two industrial properties for £5m to clients of CBRE Investors as part of its planned disposals intended to return money to shareholders.

1m sq ft of shed space sold and let in Liverpool

29 October 2009

Over 1m sq ft of industrial space across Merseyside has been sold or let in the last month including Liverpool’s biggest speculatively shed.

Trebor and Wrenbridge selected to speculatively build in Hemel Hempstead

27 October 2009

Dacorum Borough Council has appointed Trebor Developments and Wrenbridge Land as its preferred development partners to carry out a speculative development in Hemel Hempstead.

Pharmaceuticals firm moves to Chiswick Park

20 October 2009

Ranbaxy Laboratories is relocating its European headquarters to Chiswick Park where it has taken 5,000 sq ft in Building 4.

Green light for 2.3m sq ft Cambridge Biomedical Campus

20 October 2009

Plans for the 2.4m sq ft Cambridge Biomedical Campus development in Cambridge have been given the green light by Cambridge City Council.

CB Richard Ellis's Monthly Market Index: October 2009

16 October 2009

CB Richard Ellis's monthly market index looking at total returns and change in returns across offices, retail and industrial property.

Dates set for Tim Wheeler hearing

9 October 2009

Former Brixton chief executive Tim Wheeler and Segro have formalised dates to take his claim for unfair dismissal against his former employer to court.

Government unveils final details of Carbon Reduction Commitment

7 October 2009

The government has revealed the final rules for the emission trading scheme that will hit 5,000 UK businesses on 1 April 2010.

Industrial lettings falls 75% in first half of the year.

2 October 2009

Industrial take-up in the first half of the year was down 75% on the same period in 2008 according to figures from Jones Lang LaSalle’s UK Logistics Market Report.

Tice and Wardle target £250m distressed debt fund

1 October 2009

Two seasoned property entrepreneurs are planning to raise up to £250m to buy distressed commercial property debt.

Wedgwood signs up for shed at ProLogis Park Stafford

30 September 2009

ProLogis has let 128,000 sq ft of space to WWRD UK, the group that owns and operates the Waterford Crystal, Wedgwood and Royal Doulton brands.

Hansteen’s NAV drops 16%

30 September 2009

Hansteen, the industrial property investor headed by Ian Watson and Morgan Jones, this morning reported a 16% drop in its net asset value in the first half of the year.

Christmas comes early for PEPR in 500,000 sq ft Amazon letting

25 September 2009

ProLogis European Properties (PEPR) has temporarily let 500,000 sq ft of industrial space at ProLogis Park Kingston to Amazon.co.uk for the Christmas period.

Arabian sites

Sheds September 2009

Now that Gazeley has moved in with parent Dubai World, the relationship can start to bear fruit

Asda Project Penguin looks south-west

Sheds September 2009

The south-west industrial occupational market is holding up well against its regional counterparts, and it is set for a further boost with Asda’s requirement for 500,000 sq ft

Commission control

Sheds September 2009

The Infrastructure Planning Commission starts work next week

Park Royal sale signals falling yields

Sheds September 2009

Cushman research shows return of ‘yield compression’

Scrapheap challenge

Sheds September 2009

A struggling UK automotive industry has put car makers and their suppliers’ space needs in the wrecker’s yard

See how it grows

Sheds September 2009

Stuart Watson remaps the west London and Manchester industrial landscapes following Segro’s marriage with Brixton

Starting at the bottom

Sheds September 2009

Recessions past and present have shaped the career of Rob Trevor, who started this week as CB Richard Ellis Investors’ industrial principal

Warehouses wake up

Sheds September 2009

Talk of a recovery is widespread throughout the UK’s regions, but no one suggests that the months ahead will be without their toil and troubles

ProLogis lets 314,700 sq ft at Midpoint

23 September 2009

ProLogis has signed The Pallet Network (TPN) to take 314,700 sq ft distribution facility at ProLogis Park Midpoint.

Warner Estates lets 140,000 sq ft for its Ashtenne Industrial Fund

17 September 2009

Warner Estate Holdings has carried out 140,000 sq ft of lettings for its Ashtenne Industrial Fund (AIF).

PEPR lets 589,648 sq ft of UK sheds

16 September 2009

ProLogis European Properties (PEPR) has let 589,648 sq ft of shed space in three separate deals across the UK.

Ex-Parkridge man to work Widows’ £41m Equiton assets

11 September 2009

New asset management specialist teams up with Scottish Widows to buy properties from USS

Henry Boot Developments completes £19m of deals

10 September 2009

Henry Boot Developments has sold three recently completed schemes in Merseyside, York and Stoke-on-Trent for £19m.

Canada Life pays £28m for Co-op shed

8 September 2009

Canada Life has confirmed it has forward funded ProLogis’s 503,577 sq ft distribution shed prelet to Co-operative Group at Newhouse near Glasgow.

Citi Industrious surrender

04 September 2009

Citi has thrown in the towel in its attempt to derail AIM-listed Max Property’s £232m purchase of the industrious portfolio from receiver Ernst & Young

Prupim and ProLogis win Pyestock giant shed battle

2 September 2009

Prupim and ProLogis have won their long-running battle against protestors to develop a giant distribution facility at Hartland Park in Pyestock, Farnborough.

Goodman makes profit despite 'challenging' conditions

28 August 2009

Australian property group Goodman made a full year operating profit after tax of A$408m for the year ended 30 June 2009, but posted a statutory accounting loss of A$1.12bn as a result of write-downs.

Segro portfolio value falls by £492m

27 August 2009

Segro’s portfolio fell in value by £492m in the first half of the year, the company reported today.

ProLogis reduces loan facilities by $1.35bn

24 August 2009

ProLogis has extended and amended its senior loan facility, reducing it by $1.35bn as part of its deleveraging strategy.

Canada Life pays £28m for Scottish ‘super-shed’

21 August 2009

Canada Life is forward- purchasing ProLogis’s 504,000 sq ft distribution warehouse at its Newhouse scheme near Glasgow

London & Devonshire seeks £25m for industrial purchases

21 August 2009

Fund will target prelet schemes and income-producing investments in the south-west

USS exchanges on £196m Equiton deal

18 August 2009

Universities Superannuation Scheme (USS) has exchanged contracts to buy the 2.9m sq ft Equiton Industrial Portfolio.

Industrious sale stalled by receiver Ernst & Young

13 August 2009

The £232.1m sale of the Industrious portfolio to Nick Leslau and Mike Brown’s Max Property Group has been stalled after the receivers at Ernst & Young said it could not complete the sale.

Western Corridor industrial market better than last year, says JLL

11 August 2009

The Western Corridor industrial market has seen an increase in take-up in the first half of this year despite the wider market gloom, according to Jones Lang LaSalle.

St Modwen fully lets former Ford factory

7 August 2009

St. Modwen has fully let its 425,000 sq ft former Ford factory building, Arisdale Avenue near Thurrock, Essex.

Business + science parks

07 August 2009

GVA Grimley sees signs of life in business parks market

07 August 2009

Take-up climbs with vacancy rate as construction activity tails off

The right chemistry?

07 August 2009

In Harwell, Daresbury and Aberdeen, joint ventures with science councils are putting the UK’s reputation for world-class research facilities into developers’ hands

TRE Global gets green light for Data Centre

5 August 2009

Bedford Borough Council has given its support to TRE Global UK’s plans to build a 200,000 sq ft data centre at Twinwoods Business Park near Bedford.

Hansteen launches £180m industrial property fund

3 August 2009

AIM-listed Hansteen has launched a new £180m industrial property fund to take advantage of bottom of the market opportunities.

M3 founding partner Moriarty to leave firm

31 July 2009

Steve Moriarty, a founding partner at specialist industrial property service firm M3, is to leave the company today.

A surprise in store

31 July 2009

Despite the recession, many self-storage operators still have bold strategies for expansion

In the hands of freight

31 July 2009

After two failed planning attempts, and in the face of fierce opposition, will HelioSlough’s strategic rail freight interchange in Radlett ever be built?

Ports, airports and rail freight

31 July 2009

Shepway counsels against Lydd extension

31 July 2009

Shepway District Council officers advised councillors to vote against a new terminal and an extended runway for Lydd (London Ashford) airport at a meeting scheduled for 24 September

That sinking feeling

31 July 2009

Port occupiers’ objections to the government’s refusal to outlaw retrospective demands for business rates are growing

Kenmore Land gets the green light for Farnborough data centre

28 July 2009

Kenmore Land, a joint venture between Kenmore Property Group and Revcap, has got the green light to develop a 484,200 sq ft data centre park in Farnborough.

Goodman launches space base at Harwell

22 July 2009

Lord Drayson, Minister of State for Science and Innovation, has today unveiled plans to establish a European Space Agency (ESA) facility at Goodman’s Harwell Science and Innovation Campus, in Oxfordshire.

Patrick Properties buys in Yorkshire and Scotland

21 July 2009

North West-based property investment and development company, Patrick Properties has acquired two distribution units totalling £23.5m.

Brixton secures £90m facility for Heathrow Big Box

21 July 2009

Brixton has secured a £90m credit facility for its Heathrow Big Box, its joint venture with Prudential Assurance Company.

WG Mitchell’s Northern Irish property portfolio up for sale

20 July 2009

The entire Northern Irish property portfolio of WG Mitchell, including a major shopping centre, has been put up for sale by administrator Ernst & Young.

Bridgend blockbuster ends Welsh sheds drought

17 July 2009

Kenmore completes largest Wales letting in two years

ProLogis-managed fund to secure £100m

17 July 2009

PEPR understood to be in talks with Eurohypo for debt facility

Prologis lets 645,000 sq ft in Japan

16 July 2009

ProLogis has let more than 645,000 sq ft of distribution space currently under construction in Japan.

Asda opens ‘eco depot’

10 July 2009

Asda yesterday opened its first ever purpose-built ‘eco depot’ in Didcot, Oxfordshire.

BNP Paribas Real Estate's commercial property investment yields - June 2009

10 July 2009

A table of prime commercial property investment yields across all asset classes.

ING Trust reduces void rate with Watford sale

9 July 2009

ING UK Real Estate Income Trust (IRET) has reduced its void rate by 2% through the sale of a Watford office property.

Kenmore’s European Industrial Fund sells in Paris

8 July 2009

Kenmore European Industrial Fund has sold its Les Ulis asset industrial estate, near Paris, France to a private investor for above its March valuation.

Max Property is frontrunner to buy 10m sq ft Industrious portfolio

2 July 2009

Nick Leslau and Mike Brown’s Max Property is the frontrunner to buy the 10m sq ft Industrious portfolio in its debut deal.

ProLogis deals with 2009 debt

30 June 2009

ProLogis said it had addressed all its 2009 debt maturities having sold 14.2m sq ft of properties in the second quarter of this year to reduce its debt by more than 25%.

Brixton lets 100,000 sq ft

30 June 2009

Brixton has completed nine lettings this month totalling 103,963 sq ft which will bring in nearly £1m of annual rent.

First occupiers at Easter's Darlington business park

29 June 2009

The first occupiers for Easter’s Faverdale East Business Park have been secured - a 100,000 sq ft unit to Cold Store Logistics Ltd and a further 40,000 sq ft unit to Capita Business Services.

LandSecs seals biggest retail warehousing deal this year

26 June 2009

Land Securities has let over 100,000 sq ft to retailer DSGi at its Lakeside Retail Park in West Thurrock, in the largest retail warehousing agency deal this year.

Brixton’s rebel bondholders try to scupper Segro takeover

26 June 2009

Segro reaches agreement with Brixton board as bondholders demand change

European logistics market set for further contraction

25 June 2009

Take-up in the European logistics market could fall by as much as 35% this year, Savills said today.

Segro agrees £105m deal to buy Brixton

22 June 2009

Segro has reached agreement with the board of Brixton and announced its 'firm intention' to make an all-share offer to buy its rival.

Canmoor poaches Braithwaite for Manchester office

19 June 2009

Industrial developer Canmoor has appointed Easter director Mark Braithwaite to set up an office in Manchester

Helios’s giant retail and logistics plan in Estonia

19 June 2009

Helios Properties, the development company run by Mike Hughes and Trevor Cartner, is to develop the largest retail and logistics park in the Estonian capital, Tallinn, after forming a joint venture with local developer Suda Maja

Savills' European Warehousing Markets Report: Summer 2009

19 June 2009

The European logistics market is set for further restructuring this year as distributors consolidate and optimise existing centres. As manufacturers seek to reduce property costs take up could contract by as much as 35% this year and property sales may increase providing the market with good buying opportunities.

King's Lynn industrial park plan improved

12 June 2009

A £10m industrial scheme in King's Lynn has got the planning green light.

Segro mulls cash call for Brixton takeover

12 June 2009

SocGen says £300m of new equity is needed to pay down Brixton’s debt

CBRE Investors gets revised consent at SIRFT

10 June 2009

CBRE Investors has won planning permission for a change of use at two distribution units at the Sheffield International Rail Freight Terminal (SIRFT) to accommodate occupier demand.

Greater Manchester Pension Fund appoints Sanderson Weatherall

9 June 2009

The Greater Manchester Pension Fund (GMPF) has appointed Sanderson Weatherall to manage its 1m sq ft commercial property portfolio.

St John Ambulance to the rescue in Berkshire

8 June 2009

Segro has let a 4,707 sq ft warehouse unit at Bilton Industrial Estate to St John Ambulance.

85% take up for St Modwen’s £102m equity raising

8 June 2009

St Modwen’s £102.1m discounted sale of shares was taken up by 85% of its shareholders.

All change at Chancerygate

05 June 2009

Chancerygate, the small industrial unit developer, has lost three directors

Blackstone sells Buncefield’s blasted Mammoth

05 June 2009

Blackstone Real Estate Partners has sold the Mammoth distribution centre in Hemel Hempstead that was damaged in the Buncefield oil depot explosion four years ago

F&C REIT Asset Management gets green light for industrial park expansion

2 June 2009

F&C REIT Asset Management has been granted planning permission to expand Network 46 Distribution Park near Lincoln by 960,000 sq ft.

Canmoor pounces on £100m Segro prizes

29 May 2009

Property company and US private equity investor Harbert to buy four assets

Uxbridge buyer blows in for Kier

29 May 2009

Kier has presold a 34,000 sq ft warehouse and office building at Kier Park, Uxbridge, to removal firm AGS Four Winds for £5.25m

Brixton in takeover talks

22 May 2009

Brixton has entered in to takeover discussions with a number of parties as it approaches its June debt covenant test.

Goldman Sachs goes cold on Brum warehouse

22 May 2009

Goldman Sachs has sold a 197,000 sq ft frozen food warehouse at Hams Hall Distribution Park near Birmingham to a logistics operator in the biggest transaction to an occupier in the West Midlands this year

Just like starting over

22 May 2009

Stuart Watson meets four industrial experts making a fresh start

Stewart Milne’s Aberdeen letting

22 May 2009

Mechanical engineering company EnerMech has taken Stewart Milne Developments’ 57,000 sq ft scheme, comprising 38,000 sq ft of workshop and industrial space and 19,000 sq ft of offices, on Howes Road in Bucksburn, near Aberdeen, as its global headquarters

Till debt us do part

22 May 2009

Bargain hunters are poised to benefit from forced industrial investment sales as lenders withdraw funding

American chemical production company opens £15m Birmingham lab

21 May 2009

A £15m research and development laboratory has opened today in Birmingham’s Small Heath.

Atisreal's 'Logistics Matters' Report: Spring 2009

15 May 2009

Take-up remains stable with retailers and manufacturers driving demand. We expect take-up in the Waste Management and Recycling sector to increase through 2009. Supply in a number of areas is not in line with occupiers requirements. Yorkshire and the Humber, for example, has an over supply of large units whereas take-up has focused on smaller units.

Development downturn eases according to Savills

13 May 2009

The downturn in UK commercial development activity eased in April to its slowest for fourteen months.

Stobart to complete purchase of Carlisle airport

12 May 2009

Stobart is expected to complete its purchase of Carlisle airport at the end of the month.

ProLogis refinances loan

5 May 2009

ProLogis has refinanced a $137m loan that was set to mature this year.

ProLogis puts home up for sale

01 May 2009

ProLogis put its UK headquarters up for sale this week as part of a cost-cutting drive

ProLogis raises $2.7bn to address its cash needs

30 April 2009

ProLogis has ‘substantially addressed’ its cash needs until 2012 by raising $2.7bn of cash over the last few weeks, it said in its first quarter results today.

Keep your friends close

24 April 2009

Will sharing a workload with colleagues in Manchester help Liverpool’s industrial agents to weather the downturn, or speed their demise?

Budget 2009: Industry uproar over budget

22 April 2009

The property industry has reacted furiously to a budget that ‘ignores’ the industry.

St Modwen alights on Taunton’s Firepool scheme

21 April 2009

Taunton Deane Borough Council has picked St Modwen as its preferred development partner for the £270m Firepool scheme.

St Modwen to focus on 'cost control'

17 April 2009

St Modwen said its focus this year would be ‘cash management and cost control’ and it would continue to take decisions to ensure the business operates within its banking covenants.

Lok ‘n Store receives takeover approach

15 April 2009

Lok ‘n Store, the AIM-listed self-storage company, has received a takeover approach.

Recession eased in March says Savills

14 April 2009

The effects of the recession showed signs of easing in the commercial property sector in March, according to Savills.

Cambridge Place Property Services appointed to manage EB8 industrial fund

9 April 2009

Cambridge Place Property Services has been appointed to manage the €250m EB8 Fund.

Freight expectations

09 April 2009

The government’s desire to have rail freight interchanges serving London could finally be coming to fruition

Manchester Airport adds more flight routes

09 April 2009

Manchester airport, which is bidding to buy Gatwick airport in London following its forced sale by BAA, has continued its own expansion of two of its passenger terminals

Ports, airports + rail freight

09 April 2009

Manufacturing industry says no to empty rates

7 April 2009

The manufacturing industry’s leading trade bodies have called for empty rates to be scrapped as part of a host of measures designed to save their industry, which they say is facing its worst trading environment for 30 years.

ProLogis shares soar on takeover speculation

2 April 2009

Industrial giant ProLogis’s shares have jumped by almost 20% this week as takeover rumours surround the company.

Segro seals letting deal in Heathrow

1 April 2009

Segro has let its LHR1 distribution unit in Hatton Cross, near Heathrow Airport, to an arm of international logistics group Geodis.

Industrious portfolio to be sold

27 March 2009

The joint receivers of Dunedin’s securitised Industrious portfolio have said they intend to sell the property assets in the first enforcement of a defaulted commercial mortgage-backed securities (CMBS) debt.

Private investor buys Tesco shed

25 March 2009

Invista Real Estate Investment Management has sold a warehouse in Bolton, Lancashire, let to Tesco, to a private investor for £11.9m.

Private equity should bail out Brixton

20 March 2009

Brixton’s post-Tim Wheeler era began on Monday with a £768m loss caused by writedowns, and shares sticking around 15p as deep concerns continued over its debt

Brixton results see 47% fall in NAV and no rights issue

16 March 2009

Brixton’s net asset value fell nearly 47% in its full year results as it scrapped its final dividend and failed to announce a widely-expected equity raising.

Stobart seals cool deal in Nottinghamshire

4 March 2009

Logistics company Stobart Group has taken 97,893 sq ft at a chilled warehouse in Nottinghamshire.

Tim Wheeler to leave Brixton

3 March 2009

Brixton's CEO Tim Wheeler is to leave and will be replaced by the company's investment director Peter Dawson.

A Break with Tradition

Sheds February 2009

A revamp of Slough Trading Estate aims to shift the focus away from traditional manufacturing towards high-tech industries

Don’t panic, chaps

Sheds February 2009

Graham Brown, director and national head of industrial agency at Savills, talks about what it is like to work in a recession

Industrious inaction

Sheds February 2009

It is six months since Dunedin’s portfolio was placed into receivership yet, thanks to disagreement among its creditors, little has happened since then

Safety in numbers

Sheds February 2009

Since the downturn took hold, take-up has focused on future-proof core areas in the south-east and the Midlands

Sheds February 2009: Introduction

Sheds February 2009

At the end of last summer, the sheds market thought that it was well prepared to face the worst

Small change

Sheds February 2009

The days of small sheds being a nice little earner are a thing of the past

Segro renegotiates debt covenants

25 February 2009

Segro has renegotiated its debt covenants to give it ‘additional headroom’ in the difficult market.

Second phase unveiled at Sheffield Business Park

19 February 2009

Yorkshire’s largest business park has unveiled plans for a second phase of more than 900,000 sq ft of office and industrial space.

Brixton and Segro consider equity issues

18 February 2009

Brixton and Segro this morning said they were considering various options to provide additional financial flexibility.

Shareholders give go ahead to Workspace £87m rights issue

13 February 2009

Business space provider Workspace Group’s shareholders today voted in favour of a rights issue that will raise £87m for the company.

Kenmore sees strong letting activity at end of 2008

11 February 2009

Kenmore Property Group sealed 35 deals in the last quarter of 2008 on behalf of three of its funds and three private partnerships.

HelioSlough plans inland port

6 February 2009

HelioSlough has revealed plans to develop the UK’s first inland port in Rossington, Doncaster.

More change at the top for ProLogis

4 February 2009

ProLogis chief operating officer Diane Paddison has resigned and Charles Sullivan, formerly managing director of ProLogis with responsibility for North America, has been appointed head of global operations.

High Court sides with Goodman in Thurrock insect conservation battle

29 January 2009

A wildlife charity has lost its appeal in the High Court to prevent Goodman from developing a conservation site in the Thames Gateway.

Argos and Aldi to occupy businesses park near Walsall FC

22 January 2009

London-based ROM Capital has submitted proposals for Aldi and Argos to occupy its redeveloped Bescot Retail Park in Walsall centre in the West Midlands.

ProLogis lets 300,000 sq ft

21 January 2009

ProLogis has let more than 300,000 sq ft of industrial space at two of its parks in the UK.

CBRE locates Santa's optimum HQ...in Delhi

24 December 2008

According to the EMEA Research and Consulting team at CB Richard Ellis, the best spot for Santa’s global headquarters is Delhi in India.

Goodman gets go-ahead for huge shed

19 December 2008

Goodman has got the green light for a 1.2m sq ft shed at Derby Commercial Park.

Big Box Poland - Market Report Q3 2008

15 December 2008

The third quarter of 2008 brought a lot of uncertainty in terms of the further development of Poland's property market.

Brixton sets up leasing centre

9 December 2008

Brixton has set up a dedicated leasing centre to handle enquiries arising from availability within its 19m sq ft portfolio.

Gazeley delays at Magna Park

5 December 2008

Gazeley has delayed plans for its 4m sq ft Magna Park distribution scheme near Cambridge after a housebuilder halted the development of a local bypass.

'Large explosion' at Slough Trading Estate

1 December 2008

Firefighters are currently dealing with a fire which has broken out following a 'large explosion' at the Slough Trading Estate in Berkshire.

European Space Agency to land in Oxfordshire

28 November 2008

The European Space Agency has signed up to open a research centre at Harwell Science and Innovation Campus in Oxfordshire.

Tyre firm drives Guildford’s largest industrial letting for 15 years

17 November 2008

Land Securities Trillium has completed one of Guildford’s largest industrial lettings for more than 15 years, to tyre distributor Stapleton’s Tyres.

ProLogis leases mega-shed to Kimberly-Clark

12 November 2008

Shed giant ProLogis has signed up global health and hygiene company Kimberly-Clark at its ProLogis Park 55, southwest of Chicago, Illinois, in the US.

ProLogis secures £449m China credit line

22 October 2008

ProLogis has secured a RMB5bn (£449m) senior credit facility for its Chinese development programme.

ProLogis expands in Korea

22 October 2008

Global shed giant ProLogis has increased its exposure to the Korean logistics market with the purchase of a $44.2m (£27.2m) distribution centre in Icheon City, South Korea.

Wilson Bowden plans Kingsway extension

20 October 2008

Wilson Bowden Developments and the North West Regional Development Agency have outlined plans to build 600,000 sq ft of industrial space at Kingsway business park near Rochdale.

Gladman go ahead for Yorkshire industrial scheme

16 October 2008

Gladman Developments has started ground preparation for a £20 million industrial and distribution scheme at Wentworth Distribution Park, Tankersley, South Yorkshire.

Goodman seals Gloucester Business Park deal

14 October 2008

Gloucester Primary Care Trust has signed up for 30,021 sq ft at Gloucester Business Park.

Curtis recognised by Industrial Agents - see a video of the event

10 October 2008

The top names in the industrial property world gathered at London's Hilton hotel yesterday to celebrate the great and the good of the last 12 months in the sheds market.

Brewery completes Cornwall's largest shed deal this year

7 October 2008

St Austell Brewery has taken 100,000 sq ft at the St Columb Major Business Park, near Newquay, in the largest industrial leasehold transaction completed in Cornwall this year.

North-west, Yorks and Wales worst hit by sheds glut

3 October 2008

Speculative development has slowed to trickle and will quickly dry up, say top developers

EDS buys 300,000 sq ft shed

29 September 2008

Outsourced data centre operator Electronic Data Systems (EDS) has bought a 300,000 sq ft shed from Helioslough and British Airways Pension Trustees at Wynyard Park in the North East

Family values

Sheds October 2008

Stuart Watson meets Len Rosso, 40, head of logistics and industrial at Colliers CRE, and his brother, Patrick Rosso, 37, an associate director in the same team

Midlands: bigger the better as take-up stays steady

Sheds October 2008

Some of the East Midlands’ biggest industrial sites are set to change hands as housebuilder Barratt sells off the industrial arm of Wilson Bowden Developments

No specs, please

Sheds October 2008

Availability is at its highest point yet, but strong take-up and slowing development could keep the vacancy rate in check. Stuart Watson reports

Open season

Sheds October 2008

Cash-rich German open-ended funds are back on the buying scene, targeting UK sheds. David Hatcher reports

Scotland: funding woes hit new development

Sheds October 2008

Morrisons’ requirement continues to be the holy grail of the Scottish distribution market, both widely desired and elusive.

South-east: supply squeezed as supermarkets set up shop

Sheds October 2008

Supermarkets have been making the headlines in the south-east sheds market.

Staring down the barrel

Sheds October 2008

Volatile fuel prices are forcing occupiers to find an alternative to centralised distribution. Aditi Shah reports

M&S signs at ProLogis Park Bradford

23 September 2008

Marks & Spencer has taken a 1.1m sq ft distribution shed at ProLogis Park Bradford.

Dunedin industrial fund fails to secure working capital

17 September 2008

Dunedin’s £521m industrial property fund has failed to secure the short-term working capital that it was ‘urgently’ seeking in order to survive.

Wakefield shed gets go ahead

11 September 2008

PPG Land, a subsidiary of Murray International Holdings, has secured planning permission on its Link 62 development in Wakefield, West Yorkshire.

Logistics company takes South Yorks shed

26 August 2008

Logistics operator Cert Octavian has taken 84,000 sq ft at Adwick Park, Manvers, near Rotherham in South Yorkshire.

Brixton shares drop as portfolio underperforms

19 August 2008

Shares in industrial REIT Brixton fell 5% to 235p this morning as the company revealed a poor set of half-year results.

1m sq ft of sheds deals signed

13 August 2008

Just under 1m sq ft of industrial deals have signed in the last month, including the bumper letting to Primark of over 640,000 sq ft in Thrapston, according to Colliers CRE.

Frontier seals Jenks deal in Milton Keynes

7 August 2008

Frontier Estates has let 315,000 sq ft to food marketing company Jenks Sales Brokers at a distribution hub in Milton Keynes.

Goodman gets go-ahead for Bedfordshire science park

5 August 2008

Goodman and Unilever have won a planning appeal to develop Colworth Science Park in Bedfordshire.

Standard Life snags mags tenant in Leeds

4 August 2008

Standard Life Investments has let 41,000 sq ft at its Gildersome Spur Industrial Estate in Leeds.

Sheds still strong, says Savills

30 July 2008

Industrial take-up so far this year is holding up, with 10.1m sq ft of deals in the first half of this year, according to Savills.

Gazeley to buy 100 acre Doncaster site

28 July 2008

Gazeley has agreed to buy a 100 acre site in Doncaster with an end value of £125m from Blue Anchor Leisure, subject to planning.

Big Yellow raises £14.9m with growth in sight

25 July 2008

Big Yellow Group, the self-storage REIT, has sold four trade sites to its joint venture with Pramerica Real Estate Investors to raise more than £10m for further expansion.

Economy packs

25 July 2008

The self-storage sector appears to be surviving the downturn – but how?

Immingham goes public

25 July 2008

A £50m distribution scheme could enable the UK’s busiest port to step out of the shadows.

Kingfisher sweats hardware companies property assets to counteract crunch

25 July 2008

Kingfisher is sweating B&Q and Screwfix’s property assets to counteract the downturn.

London City airport plans expansion

25 July 2008

London City airport’s passenger numbers have grown, despite the declining market for air travel. Now it is looking to expand further.

Ports, Airports and Rail Freight

25 July 2008

Trade Counters and Self-storage

25 July 2008

Wolseley to cut branches and jobs in bid to reduce debts

25 July 2008

Plumbing supply giant plans Europewide closures

Palmer Capital & Cantium Northants deal

24 July 2008

Palmer Capital Partners and its partner Cantium have sold a Northampton warehouse for £11.15m.

Good things come to Guinness Circle in Manchester

18 July 2008

Global Logistics has taken almost 38,000sq ft to Global Logistics at Guinness Circle in Trafford Park, Manchester, on behalf of Canada Life.

Valad €500m French shed fund's first closing

14 July 2008

Valad Property Group has completed the first close of its €500m (£399m) French industrial fund.

Kuehne + Nagel seal large Scottish deal

8 July 2008

Logistics company Kuehne + Nagel has taken 50,000 sq ft at Hamilton International Park near Glasgow, in one of Scotland’s largest industrial lettings this year.

Gladman launches new M5 business park

27 June 2008

Gladman Developments has received detailed planning permission for 150,000 sq ft of new industrial and office space for Cullompton Business Park.

Industrial land values slump 25%

25 June 2008

Industrial land values have dropped by 25% in London and the South East and are likely to fall further, according to research from Colliers CRE.

Green light for £50m port development

9 June 2008

Property developer Magna Holdings has won planning consent for a £50m industrial and warehousing development near Grimsby.

Industrial investment down 55%, DJ says

4 June 2008

The total value of industrial investment deals completed in the first quarter of 2008 is down by 55% on last year’s figures, according to research by Drivers Jonas.

Dawnay buys business parks in Germany

29 May 2008

Dawnay, Day Sirius has bought eight business parks in Germany for more than €120m (£95m).

Boom in speculatively developed large industrial properties is at an end

23 May 2008

The credit crunch has brought an end to the speculative boom in big sheds.

Gazeley earns crust from baker

23 May 2008

Gazeley has presold a 120,000 sq ft building to Warburtons at its G.Park Western Approach scheme in Avonmouth.

Opus 9 close to securing occupier

23 May 2008

Opus Land and Goodman are close to securing an occupier for their speculative building at Opus 9 near Wednesbury, West Midlands.

Small industrial properties experience similar problems to the housing market

23 May 2008

For much of the past decade industrial agents have been inclined to compare the market for small freehold sheds to that for houses.

Magna Park is right fit for River Island shed

14 May 2008

River Island has signed up for a 450,000 sq ft shed at Gazeley and Land Securities’ Magna Park in Milton Keynes, as tipped in Property Week (04.01.08).

London Gateway gets go-ahead

7 May 2008

The government has given the final stamp to of approval to DP World’s £1.5bn London Gateway container port in Essex.

Tonkin leaves CBRE

1 May 2008

CB Richard Ellis head of industrial for Leeds, Stephen Tonkin has left the company.

Two weeks left to sign up for tax summit

29 April 2008

Property Week is offering readers a completely free ‘heads up’ to the introduction of the Government’s new tax on development – the Community Infrastructure Levy or CIL.

AMB secures second purchase in UK

15 April 2008

AMB has made its second purchase in the UK, buying a warehouse near Heathrow as part of its global strategy to invest near airports.

Market ‘uncertainty’ leaves no room for Space Property

11 April 2008

Industrial specialist to deliver 400,000 sq ft development pipeline before disbanding

Industrial property holds up in gloomy market

10 April 2008

Demand for the UK’s industrial property is holding up despite the gloomy investment market and consumer downturn.

Standard Life and Panattoni share Italian debut

8 April 2008

Standard Life Investments has entered the Italian property market with a forward funding agreement with US industrial developer Panattoni.

BAA's £265m property sale takes off

25 March 2008

BAA and Morley Fund Management have sold £265m of assets from their 50:50 Airport Property Partnership to the Arora Family Trust.

Scottish Highland set for 3.8m sq ft business park

18 March 2008

More than 600 acres of Scottish Highland is to be turned into a business park under plans submitted to the Highland Council this week.

Fight or flight

14 March 2008

A third runway and a sixth terminal at Heathrow could create as many problems as they would solve.

Losing tracks

14 March 2008

Developers plan millions of square feet of distribution space but there may not be freight capacity to service it.

Seven set to swoop on Southend airport

14 March 2008

A host of big-name bidders are lining up to buy London Southend airport for around £50m.

Heritage hopes could hit regeneration

11 March 2008

Registering industrial buildings as listed heritage properties could stall regeneration projects across the UK, a property law firm warned today.

Wal-Mart mulls Gazeley's future

10 March 2008

Wal-Mart is exploring a potential sale of industrial developer Gazeley.

St Modwen secures regen anchor tenant

28 February 2008

St Modwen has secured an anchor tenant for its major brownfield regeneration scheme in Rugby.

St Modwen hoovers up new tenant

25 February 2008

St Modwen has signed a deal to develop a 102,000 sq ft warehouse at its Gloucester business park for a company which stores Dyson vacuum cleaners.

Energy Agenda

Sheds February 2008

Mark Shepherd attended a lunch where shed developers pledged to make the government listen to the sector’s burgeoning environmental plans

Reality check

Sheds February 2008

More than 1,000 people heard a sobering view of the market at Sheds 08, organised by Property Week and the Industrial Agents Society this month.

Wigan to see in 1m sq ft textile Chinatown

20 February 2008

Wigan is set to become the industrial Chinatown of Europe with a 1m sq ft textile manufacturing hub.

All pain, no gain

Sheds February 2008

Industrial investment has been hit and oversupply is rife in the big sheds market.

Better freight than never

Sheds February 2008

The case for rail distribution is building momentum.

Industrial invasion

Sheds February 2008

Migrant workers have been key in lifting UK industry but new immigration laws may stifle the industrial, manufacturing and distribution sectors.

Survival instincts

Sheds February 2008

Abolition of rates relief and the credit crunch are hitting shed developers around Britain, but the market is surviving.

Industrial developers create sustainability forum

7 February 2008

Some of the UK’s biggest industrial developers have joined forces to create an industry-wide sustainability forum.

National Grid cancels £700m portfolio sale

18 January 2008

National Grid has cancelled the £700m sale of its property portfolio because it did not receive high enough bids.

ProLogis agrees minimum green standard for US

16 January 2008

Global shed giant ProLogis has agreed to a minimum environmental standard for its US developments.

Protego buys £33m industrial estate

14 January 2008

European fund manager Protego Real Estate Investors has bought a £33m industrial estate.

Hammerson and Urban Splash selected in Swansea

7 January 2008

Hammerson and Urban Splash have been selected as preferred developers for a 30-acre mixed use scheme in Swansea city centre.

Brixton's bumper Heathrow buy

2 January 2008

Brixton has bought £71.6m of industrial property in its core Heathrow market.

Wilson Bowden signs first tenant at Manchester business park

14 December 2007

Wilson Bowden Developments has signed up the first industrial tenant for Kingsway Business Park in Greater Manchester.

Full steam ahead for Green Park Station

7 December 2007

Prupim’s plans for Green Park station, the first privately financed and new build station in the UK for 50 years, got the go-ahead this week from the local council.

European Objective One reinstates disused freight line

30 November 2007

A disused freight line between Liverpool and Manchester is to be reinstated following a £500,000 grant from the European Objective One programme. The Department for Transport has also contributed £1.7m to the scheme, which will relink the Port of Liverpool to the West Coast Main Line.

One-track minds

30 November 2007

With Hazel Blears’ backing, but a disgruntled developer and vocal protest group against it, will Astral’s Parkside Interchange win planning approval?

Sheds 08 offers you five minutes of fame

30 November 2007

The only known antidote to ‘death by PowerPoint’ Pecha Kucha, which is based on the fun Japanese slideshow concept is coming to Sheds 2008.

Tomorrow the world

30 November 2007

A former Essex oil refinery is the setting for Dubai-based DP World’s next step towards global ports domination and its biggest-ever investment project.

Hemingway slams quality of Thames Gateway

29 November 2007

Designer Wayne Hemingway said the quality of buildings being developed in the Thames Gateway were not up to scratch today at the Thames Gateway Forum.

Thames Gateway model revealed

28 November 2007

The first model of the Thames Gateway, and the largest architectural model in the UK, was launched this week on the first day of the Thames Gateway Forum. The 25-metre long model, the length of three London buses end to end, is to act as a guide for investment opportunities and to show residents what developments are happening in the area.

GE Real Estate buys former chocolate factory

28 November 2007

GE Real Estate has bought a former chocolate factory in Croydon to develop a £20m industrial scheme on the site with Teesland IDG.

Segro sells power plant interests in Slough Trading Estate

14 November 2007

Segro has sold its interests in the Slough Heat & Power power generation operation to Scottish and Southern Energy - one of the largest energy companies in the UK – for £49.2m.

AMB agrees lease on debut buy

9 November 2007

AMB Property has completed a letting at its newly branded AMB East London Distribution Park, less than a month after buying the property – its first in the UK.

Gazeley opens in India and Mexico

17 October 2007

Gazeley has opened offices in India and Mexico as part of its global expansion strategy.

AMB makes UK shed debut

5 October 2007

AMB Property Corporation has confirmed that it has made its UK debut, as tipped in Property Week last week.

Eco-friendly to the letter

Sheds - September 2007

Shed giants are putting aside their differences to agree on a common sustainability standard.

Gordons 1bn grab

Sheds - September 2007

Shed developers are resigned to the abolition of rates relief on empty buildings.

Intensities in 10 cities

Sheds - September 2007

GVA Grimley research provides a ‘roadmap’ to how carbon emissions targets might be achieved, says Jim Whelan

Meet the Manufacturers

Sheds - September 2007

As two reports show brighter prospects for UK manufacturing, Stuart Watson talks to three manufacturers about their approaches to industrial property

Regions to be cheerful?

Sheds - September 2007

Stuart Watson and David Hatcher break down the national sheds market region by region

The shed deal to top them all

Sheds - September 2007

The 50% stake in BAA’s property portfolio is every shed developer’s dream purchase.

Credit crunch crashes car auction

30 August 2007

The top bidder for the £317m British Car Auctions sale-and-leaseback portfolio has pulled out at the last minute.

ProLogis to pounce on coveted Coventry site

14 August 2007

ProLogis is poised to buy a 65 acre slice of the former Peugeot car factory in Coventry for around £40m

Invista invests in industrial Basildon

31 July 2007

Invista has bought the freehold investment in 73,000 sq ft of warehouses on Southfields Industrial Estate, Basildon, for £8.25m, from Catalyst Capital.

Brixton sells Worcester site

5 July 2007

The industrial developer has sold the freehold of a 10-acre industrial site in Worcester to Bristol-based property developer Ashfield Land for £7.5m.

East Midlands lands two new stations

26 June 2007

The Department of Transport has confirmed that the East Midlands will benefit from two new railway stations.

Land Registry reveals 40% of land in England and Wales is unregistered

19 June 2007

Just under half of the land in England and Wales is unregistered, according to the latest research from the Land Registry.

Reit swoops for Evans’ £425m northern prize

6 June 2007

Reit Asset Management beat industrial heavyweights and US investors to 275-building portfolio

UK Coal gets new chief

30 May 2007

UK Coal has promoted its property director Jon Lloyd to chief executive.

Morston sells Kings Lynn industrial park

25 May 2007

Morston Assets has sold its Kings Lynn industrial park to the German-owned Palm Group.

Gazeley mulls over mixed results from planning battles

25 May 2007

There was good news and bad news for Gazeley last week as the big shed developer engaged in planning battles over two key sites.

MFI has signed a lease

25 May 2007

MFI has signed a lease to take the UK’s biggest speculative shed. The furniture retailer has agreed a 10-year term, guaranteed by logistics operator DHL, at HelioSlough and CB Richard Ellis Strategic Partners’ 750,000 sq ft Nimbus distribution centre near Doncaster. MFI will pay £4.10/sq ft with a rent-free period believed to be around 18 months.

Sheds