Industrial news – Page 13
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Industrials REIT sees rent leap for FY23 start
Industrials REIT saw its average rent increase by 27% at renewal or upon new letting.
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East Midlands tops boom for shed building
Exclusive Savills data shows 16.5m sq ft of warehouse space over 100,000 sq ft is under construction in England. Andy Hillier reports
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All out retro: how retrofitting is transforming industrial property
Upgrading older warehouse and industrial units is often far more environmentally friendly than knocking them down and starting over. Noella Pio Kivlehan looks at how the industrial sector is embracing retrofitting.
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St Modwen Homes wins Stroud development work
St Modwen has won a contract from Stroud District Council to develop a waterside community.
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Segro continues to benefit from high demand and low supply of logistics space
Segro has reported a 10% rise net asset value during the first half of its financial year as the company continued to be boosted from high customer demand and low supply.
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Ocean King splashes out on Derby industrial unit
Fresh and frozen food wholesale and distribution firm Ocean King has pre-let a 28,000 sq ft storage facility due to open this December at Victory Park in Derby.
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Flight to quality continues as ‘prime commercial’ rents leap
Prime UK commercial property rents jumped nearly 2% in Q2 of this year, CBRE’s latest research shows.
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Appointment of Stoford lifts Stannah’s Hampshire scheme
Commercial property developer Stoford has been appointed to develop premises in Hampshire for international stairlift company and lift services manufacturer Stannah.
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Stoford and Logicor submit plans for second phase of Liberty Park Lichfield
Commercial property developer Stoford and logistics real estate manager Logicor have submitted proposals for the second phase of development at an industrial site in the West Midlands.
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FIREM secures planning permission for 405,386 sq ft industrial site in Chorley
Developer FI Real Estate Management (FIREM) has secured planning permission to build 405,386 sq ft of industrial and commercial space at Botany Bay in Chorley, Lancashire.
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US investor buys industrial site in Coventry
US investor Westbrook Partners has purchased the Holbrook Park industrial site in Coventry to add to its Northburn Logistics platform.
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North Star plans 300,000 sq ft York bio park
Developer North Star has revealed plans for a 300,000 sq ft ‘bio’ park in York.
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Plans for Mansfield commercial scheme submitted
Commercial Estates Group (CEG) and property developer HBD have submitted a detailed planning application for circa 412,745 sq ft of commercial space near Mansfield.
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John Lewis Partnership puts Uckfield warehouse on the market for lease takeover
John Lewis Partnership has put its warehouse distribution centre in Maresfield, near Uckfield, up for new tenants to occupy.
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St. Modwen Logistics welcomes Huboo to Chippenham park
Third-party fulfilment group Huboo is to open its largest logistics facility to date at St. Modwen Logistics’ industrial park at Chippenham.
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Plans for UK’s first ‘plastic park’ get go-ahead
Plans to create the UK’s first ‘plastic park’ for processing waste materials have received planning consent.
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Clarion secures €882m for European logistics investment
Clarion Partners Europe has secured institutional capital commitments of €882m (£756m) for its European logistics and industrial acquisition programme.
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Kier Property secures planning at first Trade City scheme in Manchester
Kier Property has secured planning for its first Trade City industrial scheme in Manchester.
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Rula gets approval for Nottinghamshire warehouse
Rula Developments has won planning consent for a 190,000 sq ft, high-specification warehouse at Junction 28 of the M1 motorway near Huthwaite in Nottinghamshire.
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Bloom picks Leonard to lead development team
Industrial investor and developer Bloom has appointed Chris Leonard as its development director.