Industrial news – Page 13
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NewsLogicor lets 219,000 sq ft Birmingham shed to DHL
Logicor has let a 219,000 sq ft warehouse in Birmingham to DHL, Property Week can reveal.
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Oxenwood acquires Walkers’ Leicester shed for £12.1m
UK and European real estate investment management firm Oxenwood Real Estate has acquired a distribution warehouse in Leicester occupied by Walkers for £12.1m, reflecting a 5% net initial yield.
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Riva Home buys Agfa’s 373,000 sq ft former Leeds factory for new HQ
Riva Home has bought Agfa’s 373,000 sq ft former metal plate printing factory in Leeds for a new head office facility.
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IPUT acquires 2.8m sq ft site near Dublin airport
IPUT Real Estate has acquired a 2.8m sq ft development site near Dublin airport.
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Tristan opportunity fund acquires £862m German portfolio
The Tristan opportunity fund has acquired a £862m German portfolio.
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Logicor completes 316,000 sq ft Bristol shed letting to Amazon
Logicor has completed its letting of a 316,000 sq ft warehouse in Bristol to Amazon – five months after Property Week revealed that the internet retailer was under offer on the building .
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Patrizia pays M7 £34m for Birmingham industrial estate
M7 Real Estate has sold Wednesbury Trading Estate to Patrizia for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP.
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Savills makes two key appointments
Savills has expanded its industrial and logistic teams by hiring Richard Scott as a director at its Newcastle office and Jack Davies as an associate director in Bristol.
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Big shed take-up on London’s fringe eases
Take-up of warehouse space over 100,000 sq ft in and around Greater London has eased following a record-breaking high for 2020, data from Glenny has revealed.
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U+I lets refurbished warehouse at Morden Wharf
U+I has signed a lease with MDM Props at Morden Wharf with a commitment to keep the creative industries business on site indefinitely.
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AEW signs five-year deal with online retailer
AEW UK Investment Management has fully let its speculative development portfolio with a five-year deal agreed for 512,000 sq ft of logistics space in Wakefield, West Yorkshire.
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Warehouse REIT has £1bn ‘near-term ambition’ as valuation soars 76%
Warehouse REIT is aiming for £1bn in net assets as a “near-term ambition” after the value of its portfolio soared 76%.
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Rent collection remains subdued as restrictions ease
The rate of rent collection in the UK has failed to pick up despite restrictions on the economy continuing to ease.
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Logicor brings in Tom Blakely from DHL as director
Logicor has appointed Tom Blakely, DHL’s regional real estate manager, as director of asset management in the UK asset management team, Property Week can reveal.
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Helios and Northumberland Estates gain consent for mega-shed
Helios Real Estate and Northumberland Estates have been granted planning permission by Stockton Borough Council for a new 2m sq ft multi-level logistics building to be developed as part of the wider Wynyard Park scheme in the Tees Valley, north east England.
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Barberry completes sale of warehouse to Kent Foods
Barberry Industrial has completed the sale of a speculatively developed warehouse unit to Kent Foods for its new Midlands regional distribution centre.
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Constraints and opportunities in a turbo-charged market
In 2008, I participated in my first Property Week Industrial Conference panel discussion at Celtic Manor. In my view we were at the top of a bubble market and I said so.
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Baytree appoints Glencar to build 180,000 sq ft logistics scheme in Milton Keynes
Glencar Construction has been awarded a contract by logistics group Baytree to build a 180,000 sq ft logistics scheme in Milton Keynes.
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Panattoni and L&G to develop industrial site in Basingstoke
Panattoni and Legal General’s Industrial Property Investment Fund (IPIF) are set to build three warehouses in Basingstoke.
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Landsec brings in Capita director as head of sustainability
Landsec has appointed Capita’s responsible business director as its head of ESG and sustainability.
