Industrial news – Page 18
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NewsL&G fund buys Oxford trade park for north of £20m
Eskmuir Properties has sold Nuffield Trade Park in Oxford to Legal & General’s Industrial Property Investment Fund (IPIF) for in excess of £20m.
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Plans submitted for 500,000 sq ft employment scheme in Wakefield
Keyland Developments has submitted a planning application to Wakefield Council for an employment scheme of up to 500,000 sq ft on a 54-acre Wakefield East site in West Yorkshire.
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LondonMetric spends £20.2m on London logistics assets
LondonMetric Property has paid £20.2m for two last-mile logistics assets in London.
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UK logistics vacancy rate hits all-time low
The UK logistics sector vacancy rate has fallen to an all-time low of 1.53%, CBRE has revealed.
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Tavis House secures £18.8m funding for shed scheme
Tavis House has secured an £18.8m funding package for an industrial scheme.
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Netflix takes speculative units at SEGRO Park Enfield
SEGRO has signed a deal with Netflix to take space at its speculative development SEGRO Park Enfield.
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Industrial and logistics sector posts strong growth in Kent
The industrial and logistics sector in Kent and Medway has grown by almost two thirds over the last five years, according to new research published by Locate in Kent.
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Carlyle and ARA Dunedin acquire £102m UK logistics portfolio
A joint venture between global investment firm Carlyle and ARA Dunedin has acquired a portfolio of UK logistics assets from Moorfield Real Estate Fund IV for £102m.
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Shed investment for 2021 has already beaten 2020 as yields hit 3.25%
Investment volumes for industrial and logistics space have reached a total of £10.8bn so far this year, already surpassing 2020’s total of £10.2bn and driving prime yields down to 3.25%, according to Savills.
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Barwood Capital and Premcor team up to buy Nottingham industrial site
Barwood Capital’s Growth Fund IV with Premcor Estates has purchased Firth Way at the Blenheim Industrial Estate in Bulwell, Nottingham.
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M1 Agency agrees 60,000 sq ft warehouse letting
Acting on behalf of Meridian Lightweight Technologies, M1 Agency has agreed the sub-lease of a 60,000 sq ft warehouse on Castlewood Business Park in Nottingham to Vaillant Group.
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New letting for Sixteen Real Estate
Sixteen Real Estate has announced the letting of Unit 506 on Phoenix Close Industrial Estate in Heywood, Greater Manchester, less than one week from launching the property to the market.
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SEGRO completes 14-acre shed site buy
SEGRO has completed the acquisition of a 14-acre industrial estate in Belvedere, south-east London.
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Firethorn gets go ahead for speculative Cheshire scheme
Firethorn Trust has been given the go ahead to speculatively develop 700,000 sq ft of warehousing space in Cheshire.
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BGO and Mulberry to deliver 1.1m sq ft of shed space for Eddie Stobart
BentallGreenOak (BGO) and Mulberry Developments have teamed up to deliver 1.1m sq ft of logistics space for Eddie Stobart in Doncaster.
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Investcorp acquires two industrial assets for £15.5m
Investcorp has acquired two industrial assets in Scotland and the West Midlands for a total of £15.5m.
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BMO REP acquires two assets for £19.4m
BMO Real Estate Partners, the asset management arm of BMO Global Asset Management, has bought a Heathrow industrial property and retail warehouse scheme in Banbury, Oxfordshire in an off-market transaction for £19.4m.
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Bridge Industrial makes two hires in its UK team
US-based industrial developer Bridge Industrial has hired two people to its UK team, Property Week can reveal.
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I&L sector on track for record-breaking year
Take-up in the UK industrial and logistics sector is on track for a record-breaking year, according to the latest data from Knight Frank.
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Picton acquires Gloucester multi-let industrial estate
Picton has acquired Madleaze Trading Estate in Gloucester for £13.1m.
