Industrial news
-
News
Colliers reports major warehouse development slowdown pushing up rents
This year Colliers is forecasting average industrial rental growth of 3.7%.
-
News
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.
-
Online
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.
-
Online
Amazon to build £500m warehouse on former SEGRO site in Northampton
SEGRO sold the site, which has planning conset, to Amazon last year.
-
Online
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.
-
News
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.
-
News
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.
-
News
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.
-
News
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.
-
Online
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).
-
News
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”.
-
News
Jaynic sells Suffolk plot to Greene King for £40m brewery
The plot of land in Suffolk Park, Bury St Edmunds, sits alongside the brewer’s distribution centre.
-
News
US investor snaps up Graven Hill warehousing site
The site has outline planning permission for more than 1.1m sq ft of storage and distribution space.
-
News
US investor Cabot Properties snaps up Kettering Business Park units for £7.9m
Agent Watling Real Esatte said the units’ location in the ‘Golden Triangle’ logistics hot spot attracted strong interest.
-
News
Chancerygate gets greenlight for Leatherhead logistics scheme
Victory Park will comprise 13 leasehold units ranging from 3,000 to 19,000 sq ft.
-
Online
Warehouse REIT adds £1.4m to rent roll in fourth quarter
The company secured 22 deals in it fourth quarter at rents an average 28.6% above previous levels.
-
News
Demand for I&L space ‘holds firm despite tough market conditions’, C&W reports
Increase on Q1 2023 figure and the Q1 long-term average was laregly driven by a recovery in demand for mid-box space.
-
News
Over 22,500 London ‘beds-and-sheds’ homes delivered in five years
A total of 29,688 new homes could be delivered across the capital if schemes awaiting planning are approved.
-
News
Stoford and ICG get green light for London urban logistics scheme
MLM Crayford will deliver three new buildings ranging from 34,000 sq ft to 170,000 sq ft.
-
Online
Valor completes £25m double acquisition of London last-mile logistics assets
The deals extend Valor’s UK portfolio to 54 assets across 5.2m sq ft.