Industrial news – Page 23
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Tritax EuroBox boosts NAV 6%
Tritax EuroBox has posted a 6% rise in net asset value (NAV) for the first six months of its financial year.
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Northern Trust acquires 37,000 sq ft at Barrow business park
Northern Trust has announced that it has completed the acquisition of two detached units at Furness Business Park in Barrow, adding 37,000 sq ft to its existing ownership of the site.
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Sirius sells south London business park for £16m
Sirius Real Estate has agreed the sale of a business park in Camberwell, London, for £16m.
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Mercia lands tenants for two Midlands industrial sites
Real estate investment group Mercia Real Estate (Mercia RE) has let two industrial units in the West Midlands.
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Invesco and Barwood form last mile JV
Invesco Real Estate and Barwood Capital have joined forces on to build a portfolio of last mile industrial and logistics warehouses across the UK.
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Capital markets division carries JLL to bumper Q1
JLL has reported a revenue boost of more than 20% during the first three-month period of 2022, highlighted by the performance of its capital markets division.
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TPIF acquires Woodman Works
A private UK client of Nightingale Partners has disposed of the freehold of Woodman Works in Wimbledon to Tritax Property Income Fund (TPIF).
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Aprirose acquires 12-acre Greater Manchester logistics facility
Aprirose has acquired a 12-acre logistics development in Wigan, Greater Manchester.
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Valor acquires two London shed assets for £30m
Valor Real Estate Partners has acquired two urban logistics assets in Tottenham and Wandsworth for a combined £30m.
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Industrials REIT has record quarter for deal volumes
Industrials REIT has revealed a 90% leap in the value of new leases during the first three month of the year.
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Take-up slows down among online retailers
Savills data shows increased 3PL outsourcing has triggered a fall in I&L take-up by online retailers this year.
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LondonMetric buy logistics assets for £29m
LondonMetric has paid £28.8m for two urban logistics properties in separate transactions.
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SEGRO looking to lease Northampton park
SEGRO is looking to lease its SEGRO Logistics Park Northampton (SLPN), a 5m sq ft industrial and logistics scheme with a new strategic rail freight terminal.
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Elstar completes £7m North Wales Trade Park acquisition
Manchester-based property company Elstar has purchased Gateway Park, a multi-let trading estate in Bangor, north Wales, for around £7m.
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M&G Real Estate secures 252,500 sq ft Northampton pre-let to Active Ants
M&G Real Estate has agreed to pre-let a 252,500 sq ft industrial unit at Brackmills Industrial Estate in Northampton to Dutch e-commerce logistics company, Active Ants, on a 10-year lease.
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Urban Logistics spends £45m on acquisitions
Urban Logistics has spent a further £45m on acquisitions during the six months to the end of March.
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SEGRO expands London footprint with acquisitions of £195m
SEGRO has completed £195m of investment in London, acquiring Grand Union Trade Park in Park Royal and purchased two assets in Wapping and Clapham.
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Peel L&P finalises double sale at Doncaster GatewayEast
Regeneration business Peel L&P has sold two sites to international investors and secured a number of lettings at its £1.7bn GatewayEast development in Doncaster.
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Cain International will focus on London to double £500m Firethorn portfolio
London logistics activity will form the basis of Cain International’s strategy of doubling the value of its recently acquired Firethorn Trust portfolio, according to the company’s senior managing director.
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Warehouse REIT acquires £62m Milton Keynes site
E-commerce urban and industrial warehouse investor Warehouse REIT is buying Bradwell Abbey Industrial Estate in Milton Keynes, as part of a land grab across the Oxford-Cambridge Arc.