Industrial news – Page 11
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NewsGigafactory demand could push up shed rents in South Wales and NE
Industrial rents in South Wales and the North East could surge over the next decade due to the demand for space created by gigafactories, industry experts have predicted.
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Getir takes space at Slough Trading Estate
Grocery delivery firm Getir has signed a five-year lease for a unit at SEGRO’s Slough Trading Estate.
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Shurgard has £89m bid for rival 24Storage accepted
European storage group Shurgard has had its Swedish Krona1,075m (£89m) bid for 24Storage recommended by the group’s board.
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Schroder REIT boosts industrial assets with north west portfolio deal
Schroder Real Estate Investment Trust (SREIT) has paid £19.85m for a portfolio of four industrial assets in the North West of England.
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Artisan bakery signs for 25,000 sq ft unit in Cheltenham
Artisan bakery Four Anjels has taken a 24,827 sq ft unit at Northwood Urban Logistics’ Furlong Park in Bishops Cleeve, Cheltenham.
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Logistics provider signs for space at Didcot Quarter
Simon Hegele Logistics and Service has acquired 121,464 sq ft of new-build warehouse and logistics space at Didcot Quarter in Oxfordshire on a 10-year lease.
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Jaynic secures planning for new Hermes warehouse
Jaynic has secured planning consent for a new warehouse to be occupied by parcel carrier Hermes Parcelnet at Suffolk Park, Bury St Edmunds, together with a speculative 160,000 sq ft version to cater for strong occupier demand in the region.
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Time to ramp up spec space development
An increase in spec schemes could help meet rising demand for shed space from occupiers and investors.
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LondonMetric proposes £175m share placing to complete deals
LondonMetric has proposed a £175m share placing in order to raise funds for acquisitions that are already either committed or under offer.
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RD Studios takes space at SEGRO’s ‘first UK net zero carbon refurb’
Creative production group RD Studios has signed a 10-year lease for a 45,000 sq ft unit at SEGRO’s first UK net zero-carbon warehouse refurbishment at Premier Park, Park Royal in London.
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GLP pays twice the asking price for Park Royal site
Fierce bidding pushes price of London industrial site guided at £23m to £48m.
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Orchard Street lets east London warehouse to TfL
Orchard Street Investment Management has let 37,000 sq ft of warehouse space at its Woodford Green industrial estate in east London to Transport for London (TfL).
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Redevelopment plans filed for former Arcadia distribution centre
Developer and investor Trammell Crow Company has submitted a planning application to Milton Keynes Council to build new logistics assets at the former home of the Arcadia distribution centre.
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Aver sells Southampton shed to buy London office asset
Aver Property, the joint venture between Ergo Real Estate and NFU Mutual, has sold a warehouse let to B&Q in Southampton to fund the purchase of a London office building, Property Week can reveal.
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Chancerygate and Bridges submits planning for spec logistics space in Tolworth
A joint venture between industrial developer Chancerygate and specialist investor Bridges Fund Management has submitted plans to speculatively build 67,975 sq ft of urban logistics space on a 2.78-acre site at Red Lion Road Business Park in Tolworth.
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IM Properties secures forward funding for two logistics assets
Fiera Real Estate UK and Wrenbridge have agreed to forward fund the sale of two urban logistics schemes in Houghton Regis and Dartford to IM Properties for a combined price of £34m.
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Royal Mail takes Manton Wood warehouse space
Clearbell UK Strategic Trust has agreed a lease with Royal Mail on a 71,612 sq ft warehouse on the Manton Wood Business Park in North Nottinghamshire.
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Urban Logistics targets £200m fundraising
Urban Logistics is seeking £200m from a new share placing to help fund its acquisition pipeline.
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LondonMetric buys two warehouses for £135.6m
LondonMetric Property has paid £135.6m for two logistics warehouses in two separate deals.
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Urban industrial fund snaps up two more assets
BCCIM, a joint venture between Barwood Capital and Caisson Investment Management, has made two urban industrial acquisitions through its Industrial Income LP fund (UII).
