Industrial news – Page 21
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News
Goya acquires Tottenham site for £90m scheme
Goya Developments has snapped up a four-acre site on Bull Lane in Tottenham for a logistics scheme with a GDV of £90m.
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Make sure your views are heard in our fifth annual Logistics Census
For almost a decade now, the UK logistics sector has been undergoing a fundamental, structural change which has only been amplified by the current pandemic situation.
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St Modwen Logistics appoints new director
St Modwen Logistics has appointed Mike Roberts as portfolio management and investment director.
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Hines forward funds East Midlands logistics scheme
Hines and its investment partner have agreed to forward fund a 772,000 sq ft speculative logistics development at four business parks across the East Midlands.
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Tritax EuroBox raises £213m from share placing
European logistics group Tritax EuroBox has exceeded its £170m target for its latest share placing, raising £213m from investors.
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Prologis pre-lets 493,000 sq ft Northamptonshire shed to Toolstation
Prologis has pre-let a 493,000 sq ft warehouse in Pineham, Northamptonshire, to Toolstation on a 15-year lease.
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Newbury Showground sale abandoned
Plans to sell the 177-acre Newbury Showground have been abandoned after members of the Newbury & District Agricultural Society (NADAS) voted down the proposal.
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Aberdeen Standard lets Enfield shed to cash and carry food wholesaler
Aberdeen Standard has let an industrial unit in Enfield to cash and carry food wholesaler Holland Bazaar.
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Rental growth set to exceed forecasts
Predicted 3.6% growth per year to 2025 likely to be exceeded amid record-low vacancy levels and high demand.
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Sainsbury’s Big Box 24 distribution centre hits the market
Sainsbury’s is looking for a tenant or buyer for its 352,303 sq ft Big Box 24 regional distribution centre in Bridgwater.
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Caddick plans ‘one of the largest ever’ spec sheds in the North West
Caddick Developments has submitted a planning application for “one of the largest ever” speculative logistics developments in the North West.
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Sixteen Real Estate bolsters industrial team
Manchester-based Sixteen Real Estate has recruited Josh Ramplin for its industrial team.
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Avison Young appoints new industrial leasing head
Avison Young has appointed Ian Gascoigne to head up industrial leasing.
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4th Industrial acquires The Ringway Industrial Estate
4th Industrial has acquired The Ringway Industrial Estate in Huddersfield from clients of CBRE Global Investors (CBRE GI).
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JV plans £25m Croydon warehouse scheme
A joint venture between Chancerygate and the property development arm of gas distribution company SGN has exchanged contracts to acquire a four-acre site in Croydon.
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Eurazeo and Arax snap up 410,000 sq ft of South East industrial space
Eurazeo and Arax have acquired 410,000 sq ft of industrial space in the South East from Orchard Street.
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Furniture manufacturer leases Chesterfield warehouse
Gallery Direct Group has leased the OrionOne warehouse at Markham Vale near Chesterfield from Aver Property, a joint venture between Ergo Real Estate and NFU Mutual.
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Industrial investment looks set for a record year in regions
Regional industrial investment for 2021 is “almost certain” to be the highest ever, smashing a record set just last year, according to data from Savills shared exclusively with Property Week.
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News
U+I and Morden College’s £770m beds-and-sheds scheme greenlit
U+I and Morden College have received the green light for a residential, industrial and commercial scheme with a GDV of £770m.
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Online
Firethorn Trust appoints development manager
Real estate developer and investor Firethorn Trust has appointed Hugo Briars as development manager to oversee delivery of the company’s development pipeline.