Industrial news – Page 11
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Colliers adds David Kos to capital markets team
Real estate agency Colliers has recruited David Kos as a director in its national capital markets team to strengthen the firm’s UK industrial and logistics investment offer.
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GLi acquires 2.79-acre urban logistics site at Park Royal
Joint venture GLi has purchased a 2.79-acre site for an unspecified amount to speculatively build a sustainable warehouse in Park Royal, west London.
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MARK secures €250m for new urban logistics portfolio
Real estate investment manager MARK has secured €250m (£218m) in funding to create a new urban logistics portfolio.
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Joint venture secures planning consent for 130,340 sq ft logistics site at Trafford Park
Chancerygate and Northwood Investors have secured planning consent for a 130,340 sq ft urban logistics warehouse at Trafford Park in Manchester.
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LondonMetric remains confident despite economic turbulence
LondonMetric has told shareholders that it is confident despite “turbulent” economic conditions.
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Barwood Capital growth fund hits £41m and acquires first asset
Investor and developer Barwood Capital has raised more than £41m in three months for its latest growth fund, Barwood Regional Property Growth Fund V.
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NAV nudges up at Schroder European REIT
Net asset value (NAV) at Schroder European Real Estate Investment Trust nudged up during the three months to the end of June.
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QCP Real Estate spends £35m on Loughborough’s historic Falcon Works
Alternative investment manager Quilvest Capital Partners (QCP) has acquired Falcon Works, a 53-acre multi-let industrial estate in Loughborough, from industrial conglomerate Melrose for around £35m.
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Kent distribution warehouse on the menu for Albion Fine Foods
The ingredients supplier has agreed a lease with warehouse developer Goodman for a 138,062 sq ft distribution centre at Crossways Commercial Park in Dartford, Kent.
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Maybrook buys South West industrial sites for £5.5m
Maybrook Properties has completed the purchase of two industrial sites in the South West for a total of £5.5m.
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abrdn posts NAV rise for European logistics fund
European industrial fund abrdn European Logistics Income has posted a 1.4% rise in net asset value (NAV) for the six months to the end of June.
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Martin’s Properties buys South East retail and shed portfolio for £23.1m
London real estate company Martin’s Properties has snapped up a portfolio of four assets comprising a combined 130,000 sq ft in the South East for £23.1m, Property Week can reveal.
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Investec provides £29m loan for industrial schemes in Peterborough and Aylesbury
Investec Real Estate has announced it will provide a 22-month senior development loan of £28.7m to industrial property developer Chancerygate to support the development of two industrial schemes.
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Investec agrees £28.7m loan to Chancerygate for two industrial developments
Investec Real Estate has provided Chancerygate with two 22-month senior development loans totalling £28.7m to support the construction of two industrial schemes.
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Pitalia RE adds Cheshire warehouse to portfolio
Pitalia Real Estate has acquired the freehold of a 71,225 sq ft warehouse on Cheshire’s Winsford Industrial Estate for £3.58m in a sale and leaseback deal.
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Construction slows to a crawl over summer
Office, residential and industrial starts down compared with previous quarter
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Wrenbridge & Bridges get green light for 700,000 sq ft of net-zero carbon logistics space
A joint venture between Wrenbridge and Bridges Fund Management has secured planning permission to develop 700,000 sq ft of net zero carbon logistics space across three locations in the South East, with support from GLP.
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Barings forward funds logistics asset in the North West
Barings, one of the largest diversified real estate investment managers, has completed a deal to forward-fund Omega Business Park in in Warrington, Cheshire, on behalf of it pan-European logistics joint venture.
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Custodian REIT acquires logistics asset in Scotland
Custodian REIT has paid £11.1m for a 91,955 sq ft distribution facility between Glasgow and Edinburgh.
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Harworth posts strong half-year figures
Harworth Group has posted a sharp rise in net asset value (NAV) and profit in the six months to the end of June.