Industrial news – Page 35
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OnlineSEGRO provides positive update
Industrial property giant SEGRO has reported strong rent roll growth since the beginning of July, following what it called “a busy period of lettings and the continued capture of reversionary potential”.
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NewsNetwork Space completes £1.5m industrial purchase
Network Space Investments has completed an off-market purchase of a single-let industrial building at South Lancs Industrial Estate, Makerfield, for £1.5m.
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NewsDHL takes 1m sq ft at Axis J10 logistics park
DHL has signed for 1m sq ft of space across two units at Albion Land’s Axis J10 logistics park at junction 10 of the M40 between Bicester and Banbury.
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OnlineSt George and SEGRO enter JV on industrial development in Brent
Berkeley Group’s St George and industrial giant SEGRO have formed a 50:50 joint venture on their first urban multi-storey industrial development in the UK.
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NewsL&G fund buys Oxford trade park for north of £20m
Eskmuir Properties has sold Nuffield Trade Park in Oxford to Legal & General’s Industrial Property Investment Fund (IPIF) for in excess of £20m.
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OnlinePlans submitted for 500,000 sq ft employment scheme in Wakefield
Keyland Developments has submitted a planning application to Wakefield Council for an employment scheme of up to 500,000 sq ft on a 54-acre Wakefield East site in West Yorkshire.
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OnlineLondonMetric spends £20.2m on London logistics assets
LondonMetric Property has paid £20.2m for two last-mile logistics assets in London.
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NewsUK logistics vacancy rate hits all-time low
The UK logistics sector vacancy rate has fallen to an all-time low of 1.53%, CBRE has revealed.
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NewsTavis House secures £18.8m funding for shed scheme
Tavis House has secured an £18.8m funding package for an industrial scheme.
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NewsNetflix takes speculative units at SEGRO Park Enfield
SEGRO has signed a deal with Netflix to take space at its speculative development SEGRO Park Enfield.
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NewsIndustrial and logistics sector posts strong growth in Kent
The industrial and logistics sector in Kent and Medway has grown by almost two thirds over the last five years, according to new research published by Locate in Kent.
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NewsCarlyle and ARA Dunedin acquire £102m UK logistics portfolio
A joint venture between global investment firm Carlyle and ARA Dunedin has acquired a portfolio of UK logistics assets from Moorfield Real Estate Fund IV for £102m.
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OnlineShed investment for 2021 has already beaten 2020 as yields hit 3.25%
Investment volumes for industrial and logistics space have reached a total of £10.8bn so far this year, already surpassing 2020’s total of £10.2bn and driving prime yields down to 3.25%, according to Savills.
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OnlineBarwood Capital and Premcor team up to buy Nottingham industrial site
Barwood Capital’s Growth Fund IV with Premcor Estates has purchased Firth Way at the Blenheim Industrial Estate in Bulwell, Nottingham.
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OnlineM1 Agency agrees 60,000 sq ft warehouse letting
Acting on behalf of Meridian Lightweight Technologies, M1 Agency has agreed the sub-lease of a 60,000 sq ft warehouse on Castlewood Business Park in Nottingham to Vaillant Group.
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OnlineNew letting for Sixteen Real Estate
Sixteen Real Estate has announced the letting of Unit 506 on Phoenix Close Industrial Estate in Heywood, Greater Manchester, less than one week from launching the property to the market.
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NewsSEGRO completes 14-acre shed site buy
SEGRO has completed the acquisition of a 14-acre industrial estate in Belvedere, south-east London.
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NewsFirethorn gets go ahead for speculative Cheshire scheme
Firethorn Trust has been given the go ahead to speculatively develop 700,000 sq ft of warehousing space in Cheshire.
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NewsBGO and Mulberry to deliver 1.1m sq ft of shed space for Eddie Stobart
BentallGreenOak (BGO) and Mulberry Developments have teamed up to deliver 1.1m sq ft of logistics space for Eddie Stobart in Doncaster.
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OnlineInvestcorp acquires two industrial assets for £15.5m
Investcorp has acquired two industrial assets in Scotland and the West Midlands for a total of £15.5m.
