Industrial news – Page 13
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OnlineWarehouse REIT updates investors
Warehouse REIT has completed 12 lettings and 10 lease renewals ahead of estimated rental value (ERV) during the period since the beginning of October last year.
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News
QuadReal and Valor launch £2.5bn urban logistics JV
QuadReal Property Group and Valor Real Estate Partners have launched their second joint venture together to invest an additional €3bn (£2.51bn) in urban logistics assets located in the UK, France and Germany.
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Haddenham industrial estate sells for £14m
TPG Real Estate and 4th Industrial UK have bought a warehouse development in Haddenham, Buckinghamshire, from Tavis House Properties for just under £14m.
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Tritax and abrdn to provide Britishvolt gigafactory with £1.7bn funding
Tritax and abrdn have formed a partnership to provide Britishvolt’s forthcoming Northumberland gigafactory with £1.7bn in funding.
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Prologis buys out CBRE IM’s share of £1bn UK logistics portfolio
Prologis has bought CBRE Investment Management’s share of a UK logistics portfolio worth £1bn that was developed by the pair.
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Firethorn Trust makes London debut with plans for £45m shed scheme
Firethorn Trust has made its London debut by snapping up a four-acre site with plans to develop a last-mile logistics unit.
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Melburg Capital buys Wakefield industrial unit in off-market deal
Melburg Capital has snapped up a 210,000 sq ft single-let industrial asset in Wakefield, West Yorkshire, in an off-market transaction, Property Week can reveal.
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M&G buys Amazon shed from Fiera for £120m
M&G has bought a warehouse in Peterborough let to Amazon from Fiera Real Estate UK for £120m, reflecting a net initial yield of 3.2%.
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Craigard gets green light for first Huntingdon industrial space in more than 20 years
Craigard has received planning permission for what it says is the first new industrial development in Huntingdon in more than 20 years.
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Industrials REIT completes £17m of acquisitions
Industrials REIT has completed two multi-let industrial (MLI) acquisitions for a combined £17m, reflecting a blended net initial yield (NIY) of 5.8%.
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BMO buys two Midlands logistics assets
BMO Commercial Property Trust has increased the industrial weighting of its portfolio to 29.3% following the acquisition of two logistics assets in the Midlands.
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Logicor raises £1.25bn in bond market
Logicor has raised €1.5bn (£1.25bn) in the bond market, including an inaugural €500m ‘green bond’.
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Kingsbridge Estates completes £23.4m sale of Concorde Park I&L scheme
Kingsbridge Estates has completed the £23.4m sale of Concorde Park, its industrial and logistics scheme at Segensworth, near Southampton, at a net initial yield of 3.79%.
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Rula Developments submits J.28 warehouse planning application
Rula Developments has submitted a planning application for the development of a 190,000 sq ft specification warehouse unit at J.28, M1.
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Scottish real estate investment up 24% since 2020
The Scottish property market recorded over £1.3bn in investment volume in 2021, a 24% increase on the total for 2020, according to research by Lismore.
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GLI acquires six-acre industrial estate in Charlton
GLI has acquired a six-acre industrial estate in Charlton, south-east London, in an off-market deal.
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LondonMetric buys Huntingdon warehouse
LondonMetric has paid £53.4m for a long let cold storage and logistics warehouse in Cambridgeshire.
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Amazon’s Oliver Barrett joins Rockwell as land director
Oliver Barrett, the man who helped build Amazon’s real estate team, has joined developer Rockwell as land director.
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Online
Panattoni submits plans for its largest speculative scheme in UK
European logistics giant Panattoni has submitted plans for its biggest-ever speculative logistics building in the UK.
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Online
BentallGreenOak buys Chesterfield industrial scheme for £39.9m
Bolsover Land has sold around 80 acres at its 1.4m sq ft Chesterfield warehouse and logistics development to BentallGreenOak (BGO) and Equation for £39.9m.
