Industrial news – Page 31
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OnlineTritax EuroBox produces strong annual results
Tritax EuroBox has revealed a 10% rise in net asset value for the year to the end of September.
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OnlineUrban Logistics to join main market
Urban Logistics is set to join the main market of the London Stock Exchange.
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OnlineWilton completes letting and sale at Yorkshire industrial scheme
Wilton Developments has completed an 80,500 sq ft letting and investment sale at Enterprise 36 industrial and warehouse scheme in Tankersley, South Yorkshire.
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NewsUrban Logistics increases share placing to £250m
Urban Logistics has increased the size of its recent share placing from £200m to £250m in response to “the strength and quality of demand from investors”.
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NewsSussex Junction sold following data centre pre-let
Arcus has sold its Sussex Junction development in Bolney, West Sussex to UK Commercial Property REIT for £25.2m, after pre-letting the scheme to a data centre.
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NewsYorkshire micro brewer gulps down two taprooms and a brewery
Yorkshire-based micro brewer SALT has acquired two taprooms and a brewery in London.
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NewsBarings offloads warehouses and nabs Richmond offices
Barings has completed on three UK transactions worth a total of £27.9m on behalf of a client.
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NewsUKCM nabs Gatwick warehouse for £25m
UK Commercial Property REIT (UKCM) has forward-funded £25m for three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick Airport.
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NewsLogicor lets final unit at Widnes 108
Logicor has secured a new 10-year lease with a leading international packaging company at Widnes 108, taking the space to 100% occupancy.
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NewsPlans unveiled for four speculative industrial units at Durham’s Integra 61
Citrus Durham has unveiled plans to speculatively develop a four-unit industrial scheme totalling 337,225 sq ft at its £300m mixed-use Integra 61 development near Durham.
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OnlineSt. Modwen strikes £180m warehouse portfolio deal
St. Modwen has paid Argo Real Estate £180m for a portfolio of urban warehouses in London and Manchester.
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OnlineDHL takes first pre-let at Panattoni’s Aylesford site
European industrial giant Panattoni has signed its first pre-lease agreement at its 1.9m sq ft Panattoni Park Aylesford development in Kent, with logistics group DHL.
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OnlineAEW raises €150m for new Spanish last-mile logistics partnership
AEW has launched a new value-add Spanish logistics partnership, RELOG, with €150m of equity commitments from the Teacher Retirement System of Texas and Migdal Insurance.
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OnlineChancerygate and Bridges JV gains planning for Edinburgh logistics scheme
A joint venture between Chancerygate and Bridges Fund Management have secured planning to build 132,000 sq ft urban logistics and trade counter park in Edinburgh.
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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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NewsGetir 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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OnlineShurgard 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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OnlineSchroder 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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NewsArtisan 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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NewsLogistics 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.
