Industrial news – Page 15
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NewsIndustrial land values almost halve in H2 2022, says Colliers
Industrial land values dropped 47.4% in the six months to December due to inflation and increased borrowing costs, according to Colliers.
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NewsIndustrial capital values fall at record rate as economic pressure mounts
Industrial sector capital values plummeted 26% between June and December last year, after yields increased by more than 120 basis points, reversing compression to a record low in the middle of the year, data from MSCI’s UK Quarterly Property Index shows.
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NewsTelereal Trillium pays £33.32m for five industrial estates
Telereal Trillium has snapped up five industrial estates covering 386,000 sq ft for a total of £33.32m.
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NewsQ4 data leads to SEGRO and Tritax downgrades
Goodbody moves both industrial firms to ‘hold’ calls after reports of NAV declines
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OnlineNAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
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OnlineHarworth takes valuation hit but housebuilder demand remains robust
Harworth Group has said yield movements and “softening macroeconomic conditions” hit valuations in 2022 in an end-of-year update.
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NewsMidlands industrial take-up down 33% year on year in 2022, says Knight Frank
Industrial take-up fell by a third to 15m sq ft in 2022 from 2021 levels, while investment fell 36% to £2.4bn, according to Knight Frank.
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NewsIndustrial sector still in strong position despite dip in values
Research suggests the honeymoon period is over, but experts say the sector’s fundamentals remain robust.
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OnlineUrban Logistics spends £48m on five last mile assets
Urban Logistics REIT paid out £48m on five acquisitions that include four assets in the Columbia Threadneedle Street Portfolio.
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OnlineSafestore posts strong annual figures
Storage giant Safestore has posted strong rises in both revenue and profit for the year to the end of October 2022.
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NewsSEGRO completes its greenest UK development in north London
Development giant SEGRO has completed SEGRO Park Tottenham in north London, its most sustainable scheme in the UK, which has achieved a BREEAM rating of 94%.
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OnlineSavills IM appoints Castelein in European urban logistics and industrial push
Savills Investment Management has appointed Evert Castelein as a senior fund manager, as it embarks on a new logistics and industrial strategy in Europe.
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OnlineChancerygate reveals European expansion plan
Urban logistics group Chancerygate has appointed Jason Sharman as European director ahead of an expansion on the Continent.
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OnlineSEGRO buys Slough shopping park
SEGRO has paid Royal London Asset Management £120m to acquire the Bath Road Shopping Park in Slough, Berkshire.
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OnlineGoodman secures consent to create 1.2m sq ft Luton shed scheme
Developer Goodman Group has secured planning permission to redevelop a 60-acre brownfield site in Luton, Bedfordshire as a 1.2 million sq ft commercial park.
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NewsMerit reveals 43,000 sq ft factory expansion in Northumberland
Offsite engineering and construction firm Merit is to expand its huge Cramlington factory site in Northumberland by an additional 43,000 sq ft as part of its next phase of growth.
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NewsIndustrial and logistics take-up in 2022 49% above long-term average
UK take-up of industrial and logistics units over 100,000 sq ft reached 45.73m sq ft in 2022 - 49% above the long-term annual average, according to Savills.
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NewsWarehousing and livestock land are investment opportunities, says Savills
Next year could offer an investment “opportunity of a generation”, but only in selected property sectors as the long post-global financial crash cycle has come to an end, according to Savills.
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OnlineWarehouse REIT completes four lettings ahead of ERV
Last mile logistics group Warehouse REIT has completed four long-term lettings totalling 121,400 sq ft.
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OnlineWain Estates reveals plans for Manchester logistics hub
Wain Estates has revealed plans for a 1m sq ft industrial and logistics hub on a former petrochemical site south west of Manchester.
