Industrial news
Colliers reports major warehouse development slowdown pushing up rents
This year Colliers is forecasting average industrial rental growth of 3.7%.
Legal & General’s Wesleyan buys Edinburgh Audi dealership for £9.1m
The deal signals the start of an investor rush to acquire alternative property assets, according to Knight Frank.
Bloom and TPG Angelo Gordon buy Poplar Business Park for £21.5m
The buyers plan for the park to remain an industrial estate, despite the site having planning permission for 225 homes.
Amazon to build £500m warehouse on former SEGRO site in Northampton
SEGRO sold the site, which has planning conset, to Amazon last year.
Godwin Developments gets green light for Wisbech Gateway scheme
The scheme will include 60,000 sq ft of industrial space, a hotel and petrol station.
Prime Box and Cedar Invest buy Hampshire warehouse for refurb scheme
The site will be redeveloped to provide 80,000 sq ft of refurbished and modernised logistics warehouse space.
Blackstone buys former Britishvolt site for mega data centre scheme
The Cambois site in Northumberland had originally been designated for Britishvolt to build a giant £3.8bn battery factory.
Boundary acquires 440-acre Thruxton Motor Racing Circuit
The Hampshire circuit has been the home of the British Amateur Racing Club for over 50 years.
Roadside Real Estate to undertake £100m acquisition spree this year
The group intends to deploy the funds before the end of the year and has expanded its medium-term target pipeline to £250m.
Cain International reveals merger with Blackbrook Capital
The merged group of Cain International and Blackbrook Capital will bring the firms’ combined assets under management to over $17bn (£13.6bn).
Compagnie du Parc in £30m swoop for south east London industrial assets
Compagnie du Parc said the deals ”affirm our commitment to urban light industrial and logistics assets within Greater London”.
