Industrial news – Page 16
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NewsESB appoints Savills to market 51 acres of land in Yorkshire
ESB has appointed Savills to market 51 acres of land in Knottingley, West Yorkshire.
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Investcorp acquires £32.6m of UK industrial assets
Investcorp has acquired seven UK industrial assets for £32.6m from Custodian REIT.
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L&G industrial fund spends £16.5m on London industrial site
Legal & General’s Industrial Property Investment Fund has acquired a 1.4-acre warehouse unit for £16.5m in South Bermondsey, London.
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Bradford set for new work and homes scheme on 180-acre waterworks site
Bradford City Council has given the green light to Yorkshire Water and sister company Keyland Developments to develop a sustainable industrial and residential scheme on 180 acres of redundant land around the Esholt wastewater treatment works in Bradford.
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Aprirose buys 673,000 sq ft Doncaster glass manufacturing facility
Aprirose has bought a 673,000 sq ft glass manufacturing facility in Doncaster in an off-market deal.
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Trebor acquires 10-acre site for shed scheme
Trebor Developments has acquired 10 acres of land from St John’s College in Huntingdon, Cambridgeshire, for an industrial scheme.
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Cromwell and APAM dispose of Slough business park for £28.1m
Cromwell Property Group and Catella APAM (APAM) have jointly sold Wexham Springs business park to an undisclosed buyer for £28.1m, reflecting a 2.89% yield.
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Knight Frank Investors snaps up West Sussex industrial asset for £18.6m
Knight Frank Investors has bought the first phase of an industrial park in Bognor Regis, West Sussex for £18.6m, Property Week can reveal.
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StoreAway sets sights on expansion
Self-storage operator StoreAway has appointed GCW to help expand its UK portfolio, Property Week can reveal.
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Urban Logistics completes six off market deals for £88m
Urban Logistics has paid £88m to acquire 771,748 sq ft of units in six off market deals.
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M&G secures planning for 820,000 sq ft distribution warehouse
M&G Real Estate has secured planning permission for a three-unit 820,000 sq ft distribution warehouse at the 40-acre Brackmills Industrial Estate in Northampton, which it acquired in 2012.
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Stenprop changes name to Industrials REIT
UK REIT Stenprop, which specialises in ownership and operation of UK multi-let industrial (MLI) property, has changed its name to Industrials REIT.
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Value of global commercial real estate drops 5%
The value of the world’s commercial real estate assets dropped 5% in 2020 to £23.65bn ($32.6tn).
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Goya acquires Tottenham site for £90m scheme
Goya Developments has snapped up a four-acre site on Bull Lane in Tottenham for a logistics scheme with a GDV of £90m.
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Make sure your views are heard in our fifth annual Logistics Census
For almost a decade now, the UK logistics sector has been undergoing a fundamental, structural change which has only been amplified by the current pandemic situation.
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St Modwen Logistics appoints new director
St Modwen Logistics has appointed Mike Roberts as portfolio management and investment director.
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Hines forward funds East Midlands logistics scheme
Hines and its investment partner have agreed to forward fund a 772,000 sq ft speculative logistics development at four business parks across the East Midlands.
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Tritax EuroBox raises £213m from share placing
European logistics group Tritax EuroBox has exceeded its £170m target for its latest share placing, raising £213m from investors.
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Prologis pre-lets 493,000 sq ft Northamptonshire shed to Toolstation
Prologis has pre-let a 493,000 sq ft warehouse in Pineham, Northamptonshire, to Toolstation on a 15-year lease.
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Newbury Showground sale abandoned
Plans to sell the 177-acre Newbury Showground have been abandoned after members of the Newbury & District Agricultural Society (NADAS) voted down the proposal.
