Industrial news – Page 19
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QCP Real Estate spends £35m on Loughborough’s historic Falcon Works
Alternative investment manager Quilvest Capital Partners (QCP) has acquired Falcon Works, a 53-acre multi-let industrial estate in Loughborough, from industrial conglomerate Melrose for around £35m.
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Kent distribution warehouse on the menu for Albion Fine Foods
The ingredients supplier has agreed a lease with warehouse developer Goodman for a 138,062 sq ft distribution centre at Crossways Commercial Park in Dartford, Kent.
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Maybrook buys South West industrial sites for £5.5m
Maybrook Properties has completed the purchase of two industrial sites in the South West for a total of £5.5m.
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abrdn posts NAV rise for European logistics fund
European industrial fund abrdn European Logistics Income has posted a 1.4% rise in net asset value (NAV) for the six months to the end of June.
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Martin’s Properties buys South East retail and shed portfolio for £23.1m
London real estate company Martin’s Properties has snapped up a portfolio of four assets comprising a combined 130,000 sq ft in the South East for £23.1m, Property Week can reveal.
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Investec provides £29m loan for industrial schemes in Peterborough and Aylesbury
Investec Real Estate has announced it will provide a 22-month senior development loan of £28.7m to industrial property developer Chancerygate to support the development of two industrial schemes.
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Investec agrees £28.7m loan to Chancerygate for two industrial developments
Investec Real Estate has provided Chancerygate with two 22-month senior development loans totalling £28.7m to support the construction of two industrial schemes.
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Pitalia RE adds Cheshire warehouse to portfolio
Pitalia Real Estate has acquired the freehold of a 71,225 sq ft warehouse on Cheshire’s Winsford Industrial Estate for £3.58m in a sale and leaseback deal.
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Construction slows to a crawl over summer
Office, residential and industrial starts down compared with previous quarter
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Wrenbridge & Bridges get green light for 700,000 sq ft of net-zero carbon logistics space
A joint venture between Wrenbridge and Bridges Fund Management has secured planning permission to develop 700,000 sq ft of net zero carbon logistics space across three locations in the South East, with support from GLP.
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Barings forward funds logistics asset in the North West
Barings, one of the largest diversified real estate investment managers, has completed a deal to forward-fund Omega Business Park in in Warrington, Cheshire, on behalf of it pan-European logistics joint venture.
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Custodian REIT acquires logistics asset in Scotland
Custodian REIT has paid £11.1m for a 91,955 sq ft distribution facility between Glasgow and Edinburgh.
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Harworth posts strong half-year figures
Harworth Group has posted a sharp rise in net asset value (NAV) and profit in the six months to the end of June.
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Chancerygate submits plans for 98,000 sq ft of industrial space in Nottingham
Warehouse developer Chancerygate has submitted plans to build 98,000 sq ft of trade-counter, urban logistics and industrial space in Colwick, Nottingham.
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Caddick secures funding for Leeds logistics scheme
Caddick Group has secured £49.3m funding to develop a 300,000 sq ft of logistics space at Leeds Valley Park on the outskirts of Leeds.
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Chancerygate and Bridges join forces on Cheshire industrial deal
A joint venture between Chancerygate and Bridges Fund Management has acquired a 7.85-acre site in Adlington, Cheshire, to speculatively develop 165,000 sq ft of Grade A industrial and warehousing space.
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LAP reveals 17% rise in NTA in half-year figures
London & Associated Properties (LAP) has posted a 17% rise in net tangible assets (NTA) over the first half of it financial year.
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LAP refinances industrial and retail portfolio
London & Associated Properties (LAP) has refinanced an industrial and retail property portfolio with a new five-year £13.6m loan from Qatari bank QIB.
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Warehouse REIT sees ‘strong’ outlook for logistics despite headwinds
Urban and last-mile logistics specialist Warehouse REIT has told investors that the group’s confidence “remains strong” despite the “challenging macroeconomic backdrop”.
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Fiera Real Estate and Wrenbridge acquire Hemel Hempstead site
Fiera Real Estate and Wrenbridge have announced the acquisition of a 2.3-acre site in Hemel Hempstead, with a plan to develop a new 52,000 sq ft grade-A industrial warehouse unit.