Industrial news – Page 19
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NewsCBRE GI acquires Nimbus Park
CBRE Global Investors has acquired Nimbus Park, a logistics asset near Doncaster, South Yorkshire, from Sladen Estates and AIG.
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Regional REIT offloads shed portfolio for £45m
Regional REIT has sold an industrial property portfolio to ARA Dunedin for £45m, reflecting a net initial yield of 6.75% and 7.5% above its December 2020 valuation.
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Hydrogen energy company takes Doncaster shed
A hydrogen energy company has sublet Unit D, a 30,000 sq ft mid-box warehouse at the Parkside Industrial Estate on Wheatley Hall Road in Doncaster.
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Panattoni lets speculatively developed 514,000 sq ft logistics site to JD Sports
Panattoni has let 514,000 sq ft of logistics space to sports fashion retailer JD Sports at its speculatively developed facility at Derby.
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Orchard Street’s Nimbus Park fully let after trio of shed lettings
Orchard Street Investment Management’s Nimbus Park industrial estate in Dunstable is now fully let following a trio of lettings, Property Week can reveal.
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Chancerygate acquires Oldham site for £16m spec shed scheme
Chancerygate has acquired plot 3000 at Broadway Green in Chadderton, near Oldham, to speculatively develop a warehouse scheme with a gross development value of around £16m.
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SEGRO sells Italian warehouse portfolio
SEGRO has sold a portfolio of six Italian urban warehouses for €127.5m (£108.9m) to AXA IM Alts, on behalf of clients.
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Warehouses overtake supermarkets in retail volumes battle
Retail warehouses have emerged as the most attractive retail sector for investors in the first half of 2021, overtaking supermarket investment volumes.
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Demand for logistics space in Ireland picks-up in Q2 2021
Demand for logistics space in Ireland was 22% higher in Q2 2021 compared with the same period in 2020, according to data from Savills.
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Two big schemes set to boost West Sussex warehouse stock
Redevelopment schemes in Worthing and Crawley will add almost 500,000 sq ft of new space to the market
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Industrial sector seen as the ‘forgotten man’
Developers and landlords frustrated with government over planning white paper
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ASI snaps up Amazon-occupied Orpington warehouses in £50m deal
Aberdeen Standard Investments (ASI) has bought a pair of warehouses in Orpington, Kent, both let to Amazon, for a price understood to be around £50m.
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Bridges and Barwood buy Bracknell ice rink for urban logistics shed
Bridges Fund Management and Barwood Capital have snapped up the vacant John Nike Leisuresport Ice Rink in Bracknell to develop into a £20m urban logistics scheme.
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Bridge Industrial bags pair of London sites
Bridge Industrial has snapped up two sites in London with plans to develop 100,000 sq ft of industrial space.
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Palace Capital lets 49,380 sq ft of industrial space
Palace Capital has let a 14,600 sq ft logistics site in Kettering, Northamptonshire, to ecommerce business Prodbuy and has announced a lease regear of a 34,780 unit let to SIG Trading in Plymouth, Devon.
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100% rent collection for LXi leads to increase in annual dividend
Logistics and industrial investor LXi REIT has collected 100% of the rent due for the quarter ending September 2021.
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Bridge Industrial recruits analyst to UK team
US-based industrial developer Bridge Industrial has appointed Leigh Robinson as an analyst to its UK team.
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Chancerygate and Bridges buy Leeds site to deliver £31m shed scheme
A joint venture between Chancerygate and Bridges Fund Management has acquired a site in Leeds to speculatively develop an industrial scheme with a gross development value of £31m.
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Urban Logistics raises £108m through share placing
Urban Logistics REIT has raised £108m in a share placing.
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Lush takes Dorset shed space to treble size of recycling hub
Lush has expanded its logistics presence at Fleets Corner business park in Poole, Dorset by letting a recycling hub three times the size of its previous one.
