Industrial news – Page 12
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OnlineElstar completes £7m North Wales Trade Park acquisition
Manchester-based property company Elstar has purchased Gateway Park, a multi-let trading estate in Bangor, north Wales, for around £7m.
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M&G Real Estate secures 252,500 sq ft Northampton pre-let to Active Ants
M&G Real Estate has agreed to pre-let a 252,500 sq ft industrial unit at Brackmills Industrial Estate in Northampton to Dutch e-commerce logistics company, Active Ants, on a 10-year lease.
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Urban Logistics spends £45m on acquisitions
Urban Logistics has spent a further £45m on acquisitions during the six months to the end of March.
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SEGRO expands London footprint with acquisitions of £195m
SEGRO has completed £195m of investment in London, acquiring Grand Union Trade Park in Park Royal and purchased two assets in Wapping and Clapham.
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Peel L&P finalises double sale at Doncaster GatewayEast
Regeneration business Peel L&P has sold two sites to international investors and secured a number of lettings at its £1.7bn GatewayEast development in Doncaster.
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Cain International will focus on London to double £500m Firethorn portfolio
London logistics activity will form the basis of Cain International’s strategy of doubling the value of its recently acquired Firethorn Trust portfolio, according to the company’s senior managing director.
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Warehouse REIT acquires £62m Milton Keynes site
E-commerce urban and industrial warehouse investor Warehouse REIT is buying Bradwell Abbey Industrial Estate in Milton Keynes, as part of a land grab across the Oxford-Cambridge Arc.
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AXA IM Alts buys £391m UK logistics portfolio
AXA IM Alts has acquired a £391m UK logistics portfolio from a joint venture between Goldman Sachs and Canmoor.
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Planning permission granted for Trammell Crow sheds site in Milton Keynes
Commercial real estate developer and investor Trammell Crow Company (TCC) has been granted planning permission to develop a 19.4-acre, grade-A logistics site in Milton Keynes.
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Industrials REIT buys four MLI estates across England
Industrials REIT has agreed a £21m deal to buy four multi-let industrial estates across England.
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Fiera Real Estate and Wrenbridge acquire Crawley industrial site
Fiera Real Estate and Wrenbridge have purchased five industrial units in Crawley, where they plan to create a 66,000 sq ft, grade-A warehouse with a gross development value of £27.4m.
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New speakers added to Property Week’s I&L event agenda
Time is running out to buy your ticket for Property Week’s Industrial & Logistics Conference & Showcase next month.
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Firethorn completes £550m sale of UK logistics portfolio to Cain International
Firethorn Trust has completed the sale of its UK logistics portfolio, totalling 3.25m sq ft, to Cain International for £550m.
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Colliers Capital acquires Leighton Buzzard industrial estate
A speculative development of 13 business units at an industrial estate in Bedfordshire has been bought by Colliers Capital, 10 months after it was completed.
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KKR buys four logistics assets for £160m in Harlow
Mirastar, KKR’s industrial and logistics platform in Europe, has acquired four UK logistics assets in Harlow, Essex, for £160m from TPG and Stoford.
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Sirius expects full year figures in line with forecasts
Business and industrial parks group Sirius Real Estate has told investors it figures for the year to the end of March are expected to be in line with market expectations.
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Harworth secures planning consent for the next phase of the Rotherham manufacturing scheme
Harworth Group has secured planning consent for the direct development of 93,000 sq ft of employment space at the Advanced Manufacturing Park (AMP) in Rotherham, South Yorkshire.
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Q1 logistics space take-up doubles from last year
Take-up of UK logistics space in the first quarter of 2022 saw a 100% increase compared with the same period last year, according to real estate adviser CBRE.
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Maze leases space for Peterlee DC
Outdoor furniture company Maze has leased space for another UK distribution centre in Peterlee as part of its ambition to offer nationwide distribution.
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Retail warehouse vacancy rates return to early Covid levels
Retail warehouse vacancy rates have started to come down again after hitting an eight-year high in 2021 and are now back to the same level they were at the outset of the pandemic, according to the new ‘Definitive Guide to Retail & Leisure Parks 2022’ from Trevor Wood Associates.
