Industrial news – Page 2
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Scottish commercial real estate investment plummets in 2023
Retail took lion’s share of Scottish investment last year, Colliers reports.
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Clowes Developments submits Fairham Business Park expansion plans
The expansion would comprise a 76,520 sq ft warehouse and 24,000 sq ft of office space.
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Royal London Asset Management snaps up Fareham aircraft factory
The 24-acre site was purchased from Eaton.
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Tungsten Properties swoops for warehouse development sites
The developer has acquired two sites in Buckinghamshire, including Tungsten Park in Milton Keynes for £2.62m.
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Nottingham assets help Acuitus raise £16m at February sale
Nottingham retail lot fetches £2.125m as Acuitus achieves 84% success rate.
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SEGRO boosts profits for 2023 amid strong rental growth
The REIT saw resilient occupier demand in 2023 with £88m of new headline rent commitments.
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Property investor swoops for former Speke printing facility
The Estuary Business Park site has capability for a 1m sq ft logistics facility.
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Modular firm Boutique Modern gets green light for new factory
Lewes District Council has approved plans for the new factory in Avis Way.
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Online
What does the future hold for BTS?
Head along any motorway in the UK and before long you’re bound to pass a vast warehouse development.
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HBD and CEG get green light for East Midlands I&L scheme
The APEX site will be ready for occupation from autumn 2025.
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Tritax Big Box agrees £4bn merger with UK Commercial Property REIT
The transaction has advantages but “isn’t a slam dunk”, according to Oli Creasey, property research analyst at Quilter Cheviot.
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Boreal IM takes on new VP from Mileway
The pan-European property investment manager has appointed Johana Ruiz to lead development and asset management.
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I&L rents continue to rise despite economic challenges
Colliers’ latest analysis shows prime rents up 8% year on year.
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Council approves MIRA Technology Park expansion in Midlands
Midlands scheme will comprise 2.3m sq ft of manufacturing and industrial facilities.
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UKCM completes London office sale, but posts NAV year-end dip
UK Commercial Property REIT (UKCM) has completed the sale of its Craven House office development in London’s West End for £22m.
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Warehousing industry calls on government to back rooftop solar
Department for Energy Security and Net Zero representative met industry leaders.
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SEGRO announces speculative extension of Slough Trading Estate
Nine units will form 107,000 sq ft of new warehouse space.
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Chancerygate welcomes new CFO from PLP
The urban logistics developer and asset manager has hired finance chief from logistics and industrial business PLP.
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Beaufort Capital and Marchdown complete first industrial JV buy
The deal kickstarts JV’s strategy of acquiring multi-let industrial estates requiring active management and repositioning.
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PLP pre-lets unit at Sheffield’s Bessemer Park
Forgefix, part of the Dormole group, will move into the 137,000 sq ft logistics and industrial facility.