Industrial news – Page 20
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News
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.
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SEGRO and Schroders complete industrial and warehousing swap
SEGRO and Schroders have completed a property swap on industrial and warehouse assets.
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ESB appoints Savills to market 51 acres of land in Yorkshire
ESB has appointed Savills to market 51 acres of land in Knottingley, West Yorkshire.
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Investcorp acquires £32.6m of UK industrial assets
Investcorp has acquired seven UK industrial assets for £32.6m from Custodian REIT.
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L&G industrial fund spends £16.5m on London industrial site
Legal & General’s Industrial Property Investment Fund has acquired a 1.4-acre warehouse unit for £16.5m in South Bermondsey, London.
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Bradford set for new work and homes scheme on 180-acre waterworks site
Bradford City Council has given the green light to Yorkshire Water and sister company Keyland Developments to develop a sustainable industrial and residential scheme on 180 acres of redundant land around the Esholt wastewater treatment works in Bradford.
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Aprirose buys 673,000 sq ft Doncaster glass manufacturing facility
Aprirose has bought a 673,000 sq ft glass manufacturing facility in Doncaster in an off-market deal.
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Trebor acquires 10-acre site for shed scheme
Trebor Developments has acquired 10 acres of land from St John’s College in Huntingdon, Cambridgeshire, for an industrial scheme.
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Cromwell and APAM dispose of Slough business park for £28.1m
Cromwell Property Group and Catella APAM (APAM) have jointly sold Wexham Springs business park to an undisclosed buyer for £28.1m, reflecting a 2.89% yield.
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Knight Frank Investors snaps up West Sussex industrial asset for £18.6m
Knight Frank Investors has bought the first phase of an industrial park in Bognor Regis, West Sussex for £18.6m, Property Week can reveal.
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StoreAway sets sights on expansion
Self-storage operator StoreAway has appointed GCW to help expand its UK portfolio, Property Week can reveal.
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Urban Logistics completes six off market deals for £88m
Urban Logistics has paid £88m to acquire 771,748 sq ft of units in six off market deals.
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M&G secures planning for 820,000 sq ft distribution warehouse
M&G Real Estate has secured planning permission for a three-unit 820,000 sq ft distribution warehouse at the 40-acre Brackmills Industrial Estate in Northampton, which it acquired in 2012.
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Stenprop changes name to Industrials REIT
UK REIT Stenprop, which specialises in ownership and operation of UK multi-let industrial (MLI) property, has changed its name to Industrials REIT.