Industrial news – Page 4
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Muse proposes extension to Nottinghamshire I&L park
The developer has submitted planning applications for six new industrial units at Harrier Park, Dorey Way in Hucknall.
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Chancerygate plans speculative east Manchester shed
Urban logistics and warehouse developer Chancerygate has submitted plans to speculatively build a 59,500 sq ft grade-A warehouse in Manchester.
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Stoford and BlackRock fund submit plans for 302,000 sq ft Coventry shed
Commercial property developer Stoford and BlackRock UK Property Fund (BUKPF) have submitted a detailed planning application for the redevelopment of a 16.4-acre logistics complex in Coventry.
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Clarion raises £427m for UK logistic fund
Fund manager Clarion Partners Europe has exceeded the fund raising target for its closed-end UK logistics fund by securing £427m in investment.
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AM Sci Tech swoops for Aberdeen Energy and Innovation parks
Manchester-based property company AM Sci Tech – a subsidiary of Hurstwood Holdings – has snapped up Aberdeen Energy Park and Aberdeen Innovation Park in an acquisition described by the firm as “one of the most significant property deals in Aberdeen in the last decade”.
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Taurus Developments appoints former JLL director Harding to advisory board
Former JLL industrial and logistics director Andy Harding has joined Taurus Developments as a consultant and member of its advisory board.
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Hadrian Industrial Estates snaps up Durham portfolio for £1.28m
Hadrian Industrial Estates, part of Hadrian Land, has snapped up three multi-let industrial estates in County Durham for a combined £1.28m from commercial property investor Snowlarch.
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Prologis’s 90,000 sq ft Croydon expansion plans get green light
Logistics developer Prologis UK has secured planning permission for four new units in a second phase of development at Prologis Park Beddington in Croydon, south London.
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Online
LondonMetric buys Doncaster warehouse for £21.2m
LondonMetric has completed the acquisition of a long-let distribution warehouse in Doncaster for £21.2m.
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Panattoni gets green light for £700m Honda Swindon redevelopment plan
Swindon Council has fully approved developer Panattoni’s plans to redevelop the former Honda site in Swindon as 11 buildings for use as warehouses and manufacturing sites.
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Council submits plans for 115,000 sq ft eco business park in Cheadle
Stockport Metropolitan Borough Council has submitted plans for a 115,000 sq ft eco business park in Cheadle, Greater Manchester.
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Savills picks North West buy-to-let and London warehouses as top performers in 2024
Buy-to-let (BTL) residential properties in the North West and London industrial and retail warehouses will be the top-performing property subsectors of 2024, according to Savills.
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Wilson Bowden gets green light for major Infinity Park Derby expansion
Developer Wilson Bowden has secured outline planning permission for a major expansion of Infinity Park Derby.
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Fiera and Cubex agree £9.4m development facility with Alpha Property Lending
Fiera Real Estate UK and Cubex have agreed a £9.4m development facility with Alpha Property Lending to part-fund the construction of its grade-A 94,000 sq ft logistics scheme, Swindon Trade Park.
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West London Pasadena Distribution Centre let to Panalux
Royal London Asset Management Property has let Pasadena Distribution Centre in Hayes, west London, to film and television lighting equipment specialist Panalux.
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HBD submits plans for 454,000 sq ft business park expansion in Luton
Property developer HBD, part of Henry Boot Group, has submitted an outline planning application for the next phase of Luton’s Butterfield Business Park with an additional 454,000 sq ft of new employment space.
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St Modwen completes Gatwick warehouse leased by DHL
Developer St Modwen Logistics has completed the construction of a second warehouse at its Gatwick industrial and logistics park to be leased by German delivery and supply chain firm DHL Group.
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Historic Glasgow factory to be transformed into community and creative hub
A former industrial factory in Glasgow is set to be transformed into a community and creative hub after the city council gave the green light for the redevelopment of The Pipe Factory on Bain Street in Calton.
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LondonMetric and LXi REIT in merger talks to create £3.9bn company
LondonMetric Property and LXi REIT have confirmed they are in discussions over a possible all-share merger of the two companies to create a firm valued at £3.9bn.
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Crossbay snaps up four UK I&L assets in £80m move
Crossbay, the pan-European last-mile logistics platform incubated by real estate investor MARK, has added over 500,000 sq ft to its UK portfolio with the acquisition of four assets for a combined total of over £80m.