Industrial news – Page 8
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Sirius Real Estate’s UK rent roll exceeds £50m for first time
Industrial park owner and operator Sirius Real Estate’s UK rent roll has exceeded £50m for the first time, buoyed by a record sales month in September.
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Godwin Developments snaps up 54-acre site for new employment hub
Godwin Developments has exchanged undisclosed contracts with a consortium of landowners on a 54-acre site in Daventry, Northamptonshire, which it plans to transform into an employment hub.
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British Land secures planning permission for south London logistics hub
British Land has secured planning consent for a 140,000 sq ft, multi-level last-mile logistics scheme in Southwark, south London.
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SEGRO appoints new European head of investment
SEGRO has appointed Philipp Oevermann to lead the company’s investment activities in continental Europe.
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Bis Henderson merges consultancy and space arms to form Visku
Supply chain consulting and warehouse specialist Bis Henderson has merged its consultancy and space businesses and rebranded them as Visku, forming a £70m revenue business with over 16m sq ft of warehouse space.
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Sandyford completes three new lets at Saltney industrial estate
Commercial property investor Sandyford Properties has let 47,134 sq ft of newly refurbished space in three separate transactions at Saltney industrial estate near Chester.
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Chancerygate submits plans for £27m speculative grade-A logistics site in Horsham
Developer Chancerygate has lodged plans to speculatively build 105,000 sq ft of grade-A urban logistics and industrial space in Southwater near Horsham, West Sussex.
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Safestore CFO retires after decade with self-storage group
Safestore’s chief financial officer (CFO) Andy Jones is set to retire from the self-storage giant after more than a decade with the business.
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Mirastar snaps up 285,000 sq ft Sheffield industrial development
Premcor Estates and its joint venture partner Peveril Securities have sold a prime industrial development at Catalyst in Sheffield to Mirastar, KKR Real Estate’s industrial and logistics platform, for an undisclosed sum.
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Wykeland Group secures deal to develop 3m sq ft logistics site
Developer Wykeland Group has agreed to sell a 211-acre site in east Yorkshire for an undisclosed sum to Finnish tissue paper manufacturer Metsä Tissue, for the construction of the UK’s largest tissue paper mill.
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Investor Leftfield buys two Bradford warehouses
Specialist investor Leftfield has acquired two speculatively built industrial properties totalling 94,674 sq ft on Thornbury Industrial Park in Bradford from developer Marshall CDP for an undisclosed sum.
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Glenbrook Investments snaps up South Yorkshire industrial properties in £4m deal
Glenbrook Investments has acquired two industrial properties from manufacturer Metalliform in a £4m sale-and-leaseback deal.
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Cornwall Council seeks partner for airport-led mixed-asset scheme
Cornwall Council is seeking a strategic partner for a mixed-asset site anchored by Cornwall Airport Newquay (CAN).
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Commercial property transactions plummet 73% but retail and leisure offer ‘silver lining’
Commercial property transactions fell 67% in the past six months, while the total value of commercial deals plunged 73% to £3.7bn, research from Sirius Property Finance has revealed.
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Arrow hits letting target with Barnsley warehouse scheme
Real estate manager, investor and developer Arrow Capital Partners has leased Arrow 186, a 186,000 sq ft warehouse in Barnsley, South Yorkshire, to Gem Imports.
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Lok’nStore appoints Barker as non-exec
Self-storage company Lok’nStore has appointed lawyer Bridget Barker as an independent non-executive director.
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Westbrook buys Haslemere Industrial Estate from Barings for £12.75m
Real estate private equity investor Westbrook has acquired Haslemere Industrial Estate in Bishop’s Stortford, Hertfordshire from Barings for £12.75m.
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Warehouse REIT appoints O’Rourke as non-exec director
Warehouse REIT has appointed Next director Dominic as an independent non-executive director.
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Ediston sells property portfolio to US’s Realty Income for £200m
US real estate group Realty Income has agreed to buy London-listed property investment firm Ediston Property Investment Company’s (EPIC) entire property portfolio in a deal worth £201m.
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Nuveen secures €40m investment for pan-European push
Nuveen Real Estate has secured a further €40m (£34m) in capital commitments for its pan-European diversified strategy from a Canadian institutional investor.