Industrial news – Page 17
-
NewsPlans 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.
-
NewsGreene 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.
-
OnlineNTA falls 11% at LondonMetric
Net tangible assets (NTA) have fallen 11% in value at LondonMetric as the property sector suffers from softening yields.
-
OnlineWarehouse 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.
-
NewsSchroders 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.
-
OnlineHines 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.
-
NewsUrban 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.
-
NewsCushman & 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.
-
NewsIndustrials 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.
-
NewsSt. Modwen acquires 170,000 sq ft Hatfield warehouse for £50m
Logistics manager and developer St. Modwen has acquired a 170,000 sq ft cross-docked distribution centre for £50m in Hatfield, Hertfordshire.
-
NewsCommercial property values fall -6.8% in October
Capital values decreased by -6.8% across all UK commercial property in October 2022, according to the latest CBRE Monthly Index.
-
NewsWarehouse REIT reports resilient trading performance
Asset management and strong occupier demand has underpinned a solid trading performance for Warehouse REIT for the six months ended 30 September 2022.
-
NewsIndustrial scheme at Scottish distribution hub gets go-ahead
Planning permission has been granted for Orchard Park, an industrial and logistics development at Eurocentral, Scotland’s distribution hub in North Lanarkshire.
-
NewsBloom secures planning for Greenwich ultra-urban development
Planning consent for a sustainable warehouse development in Greenwich, London, has been granted to the ultra-urban industrial investor and developer, Bloom.
-
OnlineLondonMetric completes £28m of sales
LondonMetric Property has sold two assets for £28.2m, reflecting a blended net initial yield (NIY) of 4.6%.
-
NewsDemand for multi-let industrial continues to outstrip supply, Industrials REIT reveals
Demand for multi-let industrial (MLI) continued to outstrip supply for the period 1 July 2022 to 30 September 2022, according to Industrials REIT’s MLI trading update Q2 FY 2023.
-
OnlineProfit at M7 Regional E-Warehouse REIT rises despite valuation falls
M7 Regional E-Warehouse REIT saw a dip in net asset value (NAV) during the three months to the end of September.
-
NewsSPPARC to design new masterplan for Chatham Docks
Architecture studio SPPARC has been appointed by manufacturing conglomerate ArcelorMittal Kent Wire to design a new masterplan for Chatham Docks in Kent.
-
NewsLenders favour ‘crisis-resistant’ prime office and industrial property, report finds
Prime offices and industrial have proven the most “crisis-resistant” and are the property sectors that the most lenders are willing to finance at 95% and 85% respectively, according to the Bayes UK Commercial Real Estate Lending Report.
-
NewsRetrofitting can support UK net zero targets, says JLL
A report from real estate consultancy JLL has found that retrofitting offices and industrial buildings can deliver the required energy reductions to support the UK’s 2050 net-zero targets.
