Industrial news – Page 21
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OnlineFocus Logistics to take space at SEGRO Park Rainham
Focus Logistics has signed a 10-year lease for 31,658 sq ft of logistics space at SEGRO Park Rainham.
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GLP gains planning for G-Park warehouse scheme
Logistics investor and developer GLP has secured planning permission for the development of up to 736,000 sq ft of warehouse space at G-Park Ashby.
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Clearbell sells Berkshire warehouse site
Clearbell Property Partners III has sold a 116,000 sq ft warehouse site at Thatcham Park, Berkshire, to NFU Mutual Insurance Society (NFUM) for £24.95m.
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Oxenwood buys Coventry distribution site for £18m
Oxenwood Real Estate has paid £17.9, for a vehicle storage, sales and distribution facility in Coventry.
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Aver Property sells Bicester shed scheme to buy London office
Aver Property, a joint venture between Ergo Real Estate and NFU Mutual, has sold a 200,000 sq ft industrial scheme in Bicester and plans to use the profits to buy a London office building.
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Fabrix buys historical Tower Hamlets industrial site for mixed-use scheme
Fabrix has snapped up 23-24 Gillender Street in Tower Hamlets, east London, with plans to redevelop the part grade-II listed and part 1930s modernist industrial site into a mixed-use scheme, Property Week can reveal.
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All the key takeaways from Property Week’s Industrial & Logistics Conference 2021
Although sector is experiencing unprecedented growth, there are still challenges to overcome, warn experts
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Logicor lets 219,000 sq ft Birmingham shed to DHL
Logicor has let a 219,000 sq ft warehouse in Birmingham to DHL, Property Week can reveal.
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Oxenwood acquires Walkers’ Leicester shed for £12.1m
UK and European real estate investment management firm Oxenwood Real Estate has acquired a distribution warehouse in Leicester occupied by Walkers for £12.1m, reflecting a 5% net initial yield.
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Riva Home buys Agfa’s 373,000 sq ft former Leeds factory for new HQ
Riva Home has bought Agfa’s 373,000 sq ft former metal plate printing factory in Leeds for a new head office facility.
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IPUT acquires 2.8m sq ft site near Dublin airport
IPUT Real Estate has acquired a 2.8m sq ft development site near Dublin airport.
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Tristan opportunity fund acquires £862m German portfolio
The Tristan opportunity fund has acquired a £862m German portfolio.
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Logicor completes 316,000 sq ft Bristol shed letting to Amazon
Logicor has completed its letting of a 316,000 sq ft warehouse in Bristol to Amazon – five months after Property Week revealed that the internet retailer was under offer on the building .
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Patrizia pays M7 £34m for Birmingham industrial estate
M7 Real Estate has sold Wednesbury Trading Estate to Patrizia for £34m on behalf of Tristan Capital Partners’ core-plus fund, Curzon Capital Partners V Long-Life LP.
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Savills makes two key appointments
Savills has expanded its industrial and logistic teams by hiring Richard Scott as a director at its Newcastle office and Jack Davies as an associate director in Bristol.
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Big shed take-up on London’s fringe eases
Take-up of warehouse space over 100,000 sq ft in and around Greater London has eased following a record-breaking high for 2020, data from Glenny has revealed.
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U+I lets refurbished warehouse at Morden Wharf
U+I has signed a lease with MDM Props at Morden Wharf with a commitment to keep the creative industries business on site indefinitely.
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AEW signs five-year deal with online retailer
AEW UK Investment Management has fully let its speculative development portfolio with a five-year deal agreed for 512,000 sq ft of logistics space in Wakefield, West Yorkshire.
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Warehouse REIT has £1bn ‘near-term ambition’ as valuation soars 76%
Warehouse REIT is aiming for £1bn in net assets as a “near-term ambition” after the value of its portfolio soared 76%.
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Rent collection remains subdued as restrictions ease
The rate of rent collection in the UK has failed to pick up despite restrictions on the economy continuing to ease.
