Industrial news – Page 11
-
Online
Wain Estates reveals plans for Manchester logistics hub
Wain Estates has revealed plans for a 1m sq ft industrial and logistics hub on a former petrochemical site south west of Manchester.
-
Online
NTA and NAV rise as Tritax Eurobox reveals annual figures
Tritax EuroBox posted rises in net tangible assets (NTA) and net asset value (NAV) for the year to the end of September, but warned that the group will not be immune from the economic downturn.
-
Online
Harworth options 1.6m sq ft Northamptonshire industrial site
Regeneration specialist Harworth Group has signed an option agreement to buy the freehold to a 168-acre site south of the Junction 15 of the M1 in Northamptonshire.
-
News
Industrials REIT sees rent growth accelerate for H1
Industrials REIT saw its average passing rent increase by 29% on new lettings and lease renewals in the six months to 30 September 2022, the highest growth rate achieved to date.
-
News
Russells launches 1.45 million sq ft Manchester industrial park
Developer Russells will start marketing space at 1.45 million sq ft industrial park HPARK in Heywood, near Manchester, in January.
-
News
Industrial sector bears the brunt of business rate rises
While large-scale occupiers such as Amazon can absorb big increases, for others it may well prove critical.
-
Online
SEGRO prices £350m bond
SEGRO has priced a £350m, 19-year, unsecured bond that the group told investors will be used for “general corporate purposes”.
-
News
Urban Logistics signs up 2Excel for 56,000 sq ft Peterborough shed
Last mile-focused specialist Urban Logistics REIT has let a 56,385 sq ft warehouse unit in Peterborough for 15 years to logistics and road haulage group 2Excel Logistics.
-
Online
Blackbrook starts work on two logistics sheds near Birmingham
Blackbrook has started developing two units offering 450,000 sq ft of logistics space in the ‘Golden Triangle’ industrial area south of Birmingham.
-
Online
JLL and Industrials REIT scoop Proptech gongs
JLL and Industrials REIT were among the key winners of the 2022 UK PropTech Association (UKPA) Awards held in London last week.
-
Online
LXi bucks property sector trend as NAV nudges up in first half
LXi REIT has posted a rise in net asset value during the first half of its financial year, bucking the industry’s downward trend due to softening yields.
-
News
Plans submitted for Skegness regeneration
East Lindsey District Council is set to consult on plans to add a 136-hectare urban extension to the Lincolnshire seaside town of Skegness.
-
News
Greene King slakes thirst for warehouse space at Jaynic’s Suffolk Park
Developer Jaynic has let a 161,344 sq ft warehouse at Suffolk Park in Bury St Edmunds to pub giant Greene King, Property Week can reveal.
-
Online
NTA falls 11% at LondonMetric
Net tangible assets (NTA) have fallen 11% in value at LondonMetric as the property sector suffers from softening yields.
-
Online
Warehouse REIT strengthens finance and asset management teams
Tilstone Partners, the investment advisor to Warehouse REIT, has appointed Nick Clayton to the newly-created role of head of corporate finance.
-
News
Schroders fund completes 275,000 sq ft of industrial lettings in 2022
Schroders Capital UK Real Estate Fund (SCREF) has agreed 275,000 sq ft of new lettings across its industrial portfolio since the start of the year.
-
Online
Hines expands East Midlands logistics development JV with Clowes
Global real estate investor Hines has expanded its joint venture with UK property group Clowes to develop 1.15m sq ft of logistics space across the East Midlands in England.
-
News
Urban Logistics REIT offsets portfolio yield erosion with asset management initiatives
Urban Logistics REIT’s asset management initiatives have largely offset the market-driven yield erosion seen in its portfolio, leading to a reduction in net tangible assets of 3%, according to its results for the six months ended 30 September.
-
News
Cushman & Wakefield appoints Nick Carvey as associate
Commercial real estate services firm Cushman & Wakefield has expanded its UK logistics & industrial team with the appointment of Nick Carvey as an associate.
-
News
Industrials REIT takes 4,300 sq ft at Stockport Exchange
Stockport Council and developer Muse have signed a deal with multi-let specialist Industrials REIT, which will take 4,327 sq ft at business district Stockport Exchange.