Industrial news – Page 14
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NewsAmazon’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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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.
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Race for space for occupiers with only 18.1m sq ft of industrial space left due to e-commerce take-up
Just 18.1m sq ft remains in the UK due to demand for logistics units continuing to be driven by the structural change in consumer spending patterns, according to research from Colliers.
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Online
LXi REIT ups dividend target by 5%
LXi REIT has upgraded its annual dividend target by 5% following a better than expected performance.
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Online
Orchard Street completes £30m acquisition of Bristol industrial estate
Orchard Street Investment Management has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol, for £30m.
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SEGRO appoints former Whitbread CEO as new chair
SEGRO has appointed Andy Harrison, former chief executive of Whitbread, to be its new chair.
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Colliers says property investment in 2022 will hit five-year high
Colliers is predicting a bumper 2022 for commercial real estate, forecasting that investment will hit a five-year high of £65bn in 2022.
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Harworth submits plans for close to 3m sq ft of Yorkshire shed space
Harworth Group has submitted plans for a total of 2.8m sq ft of industrial and logistics space at two sites close to Leeds in Yorkshire.
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Issa brothers to let Banbury warehouse to data manager
A warehouse in Banbury owned by the Issa brothers is under offer to a US information and data storage company.
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Catalyst charges up Yorkshire site for battery storage facility
Catalyst Capital has acquired a site next to the M1 motorway in Yorkshire for the development of a 100MW battery storage facility.
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Vengrove buys two logistics assets and closes debt facility
Vengrove has bought two logistics assets and closed a senior debt facility with ICG Real Estate, Property Week can reveal.
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Property ends 2021 with a bumper month
December was marked by a flurry of deals in the industrial and logistics sector.
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St Modwen signs 475,000 sq ft of warehouse space in South West
St Modwen Logistics has signed four deals for a total of 475,000 sq ft of logistics space in the South West.
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Poole Bay Holdings takes shed and office space
Federated Hermes has let newly refurbished warehouse and office space at Fleets Corner Business Park to Poole Bay Holdings.
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JR Capital and Chancerygate industrial fund goes on £16m spree
JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m.
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CBRE IM to buy £3.6bn warehouse portfolio in US and Europe
CBRE Investment Management has purchased a 57-asset, 28.4m sq ft portfolio of logistics properties in the US and Europe, valued at approximately $4.9bn (£3.6bn).
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SEGRO snaps up Slough office portfolio for £425m
SEGRO has acquired a portfolio of offices on the Bath Road, Slough, from clients of AEW for £425m, which it intends to redevelop into data centre, life science and creative industries space.
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Valor snaps up 500,000 sq ft of London industrial space in £250m spending spree
Valor Real Estate has purchased 500,000 sq ft of industrial space completing six acquisitions in core London submarkets for a total of £250m.
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Conygar completes sale of Birmingham industrial units for £7.2m
The Conygar Investment Company has sold industrial units in Selly Oak, Birmingham, for £7.17m to an unnamed student accommodation provider.
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