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Industrial news – Page 14
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NewsPrologis pre-lets 493,000 sq ft Northamptonshire shed to Toolstation
Prologis has pre-let a 493,000 sq ft warehouse in Pineham, Northamptonshire, to Toolstation on a 15-year lease.
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Newbury Showground sale abandoned
Plans to sell the 177-acre Newbury Showground have been abandoned after members of the Newbury & District Agricultural Society (NADAS) voted down the proposal.
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Aberdeen Standard lets Enfield shed to cash and carry food wholesaler
Aberdeen Standard has let an industrial unit in Enfield to cash and carry food wholesaler Holland Bazaar.
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Rental growth set to exceed forecasts
Predicted 3.6% growth per year to 2025 likely to be exceeded amid record-low vacancy levels and high demand.
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Sainsbury’s Big Box 24 distribution centre hits the market
Sainsbury’s is looking for a tenant or buyer for its 352,303 sq ft Big Box 24 regional distribution centre in Bridgwater.
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Caddick plans ‘one of the largest ever’ spec sheds in the North West
Caddick Developments has submitted a planning application for “one of the largest ever” speculative logistics developments in the North West.
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Sixteen Real Estate bolsters industrial team
Manchester-based Sixteen Real Estate has recruited Josh Ramplin for its industrial team.
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Avison Young appoints new industrial leasing head
Avison Young has appointed Ian Gascoigne to head up industrial leasing.
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4th Industrial acquires The Ringway Industrial Estate
4th Industrial has acquired The Ringway Industrial Estate in Huddersfield from clients of CBRE Global Investors (CBRE GI).
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JV plans £25m Croydon warehouse scheme
A joint venture between Chancerygate and the property development arm of gas distribution company SGN has exchanged contracts to acquire a four-acre site in Croydon.
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Eurazeo and Arax snap up 410,000 sq ft of South East industrial space
Eurazeo and Arax have acquired 410,000 sq ft of industrial space in the South East from Orchard Street.
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Furniture manufacturer leases Chesterfield warehouse
Gallery Direct Group has leased the OrionOne warehouse at Markham Vale near Chesterfield from Aver Property, a joint venture between Ergo Real Estate and NFU Mutual.
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Industrial investment looks set for a record year in regions
Regional industrial investment for 2021 is “almost certain” to be the highest ever, smashing a record set just last year, according to data from Savills shared exclusively with Property Week.
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U+I and Morden College’s £770m beds-and-sheds scheme greenlit
U+I and Morden College have received the green light for a residential, industrial and commercial scheme with a GDV of £770m.
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Firethorn Trust appoints development manager
Real estate developer and investor Firethorn Trust has appointed Hugo Briars as development manager to oversee delivery of the company’s development pipeline.
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Secondary logistics rents hit new heights
Rents for logistics units in secondary prime locations are rapidly increasing, according to data from CBRE.
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Aberdeen Standard seeks £75m to fund European logistics push
Aberdeen Standard European Logistics Income is seeking to raise £75m to help fund an acquisition pipeline of logistics assets across Europe.
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CBRE Global Investors lets 77,906 sq ft at Enterprise 36
CBRE Global Investors has leased a 77,906 sq ft industrial unit at Enterprise 36 in South Yorkshire to pop culture merchandise company GB eye.
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LondonMetric buys three logistics assets for £35m
LondonMetric Property has paid £35m for three urban logistics warehouses as the sector continues the thrive.
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SEGRO expands London team with two director appointments
SEGRO has hired Bonnie Minshull as a director, greater London, and promoted Patrick Batten to director, city logistics.
