Industrial news – Page 34
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Industrials REIT buys three assets for £18m
Industrials REIT, the group formerly known as Stenprop, has acquired three multi-let estates for £18m.
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East London industrial rents hit record high
An unprecedented surge in demand for industrial floor space has pushed rents up to record levels in the eastern M25 market, research shows.
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Chancerygate acquires Nottingham site for £20m scheme
Chancerygate has acquired a 6.35-acre site in Colwick, Nottingham to speculatively build an industrial scheme with a GDV of £20m.
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LSH expands industrial team in Yorkshire
Lambert Smith Hampton (LSH) has appointed Lauren Swiers to its industrial and logistics agency team as an associate director.
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Bericote gets green light for 784,000 sq ft industrial scheme at former Toys ’R’ Us site
Bericote has received planning consent to speculatively develop 784,000 sq ft of industrial space at the site of the former Toys ’R’ Us in Coventry, Property Week can reveal.
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Rent collection reaches highest level since start of pandemic
The collection of commercial property rents in the UK has hit its highest level since the start of the pandemic.
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Industrials REIT upbeat in latest investor update
Industrials REIT has reported a “strong quarter” for the three months to the end of September in its latest update to investors.
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Savills appoints industrial & logistics associate director
Savills has added to its industrial & logistics team with the appointment of Natasha Ryan, who joins as an associate director.
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SEGRO snaps up Stratford site
SEGRO has bought a 1.7-acre site in Stratford, east London in an off-market transaction.
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Urban Logistics seeks investor approval for move to main market
Urban Logistics has revealed further details of its plan to move from AIM to the main market.
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York Gin signs for new distillery at Quad
York Gin has signed a 10-year lease on the last unit at Evans Property Group’s Quad development at York Business Park to create a new distillery.
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Prologis buys out JV partner on £450m life sciences scheme
Prologis has bought out its joint venture partner on a Cambridge life sciences scheme with a GDV of £450m.
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Urban Logistics collects nearly all rent amid plans to list on main market
Urban Logistics REIT said it has collected over 99% of rent for its half year ended September 30 as it revealed plans to list on the main market of the London Stock Exchange.
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ARA Dunedin and Partners Group form £250m UK sheds JV
ARA Dunedin and Partners Group have joined forces to acquire a UK industrial and logistics portfolio with a gross asset value of £250m.
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Avignon and Valon to build German portfolio
The partnership aims to build a €500m portfolio of industrial, logistics and office assets.
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UK industrial sector on track for a record year of investment
The UK industrial and logistics sector is on track to post its strongest-ever year of investment activity, according to exclusive real estate investment data from JLL.
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Commercial property investment in Scotland generates £1.2bn in 2021
Commercial property investment volumes in the first three quarters of 2021 generated £1.2bn, 21% higher than volumes recorded across the same period last year, according to data from Knight Frank.
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Urban Logistics snaps up two assets for £15m
Urban Logistics has acquired two logistics assets for £15m, reflecting a 6% net initial yield.
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Aprirose Fedex shed deal signed, sealed and delivered
Aprirose has expanded its logistics portfolio with the acquisition of a warehouse in Aberdeen, Scotland, let to Fedex for 15 years.
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Biffa sublets 208,000 ft at Fraser Place
Kammac has taken 208,000 sq ft at Biffa’s Fraser Place in Electric Park at Manchester’s Trafford Park industrial estate.