Industrial news – Page 22
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OnlineSecondary logistics rents hit new heights
Rents for logistics units in secondary prime locations are rapidly increasing, according to data from CBRE.
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Aberdeen Standard seeks £75m to fund European logistics push
Aberdeen Standard European Logistics Income is seeking to raise £75m to help fund an acquisition pipeline of logistics assets across Europe.
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CBRE Global Investors lets 77,906 sq ft at Enterprise 36
CBRE Global Investors has leased a 77,906 sq ft industrial unit at Enterprise 36 in South Yorkshire to pop culture merchandise company GB eye.
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LondonMetric buys three logistics assets for £35m
LondonMetric Property has paid £35m for three urban logistics warehouses as the sector continues the thrive.
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SEGRO expands London team with two director appointments
SEGRO has hired Bonnie Minshull as a director, greater London, and promoted Patrick Batten to director, city logistics.
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Chancerygate set for speculative industrial development in Witham
Chancerygate has acquired a former 2 Sisters Food Group site in Witham, Essex, to speculatively build around 58,000 sq ft of industrial and warehousing space.
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Melburg buys 350,000 sq ft multi-let industrial asset in Yorkshire
Melburg Capital has snapped up a 350,000 sq ft multi-let industrial asset in Wakefield, West Yorkshire, Property Week can reveal.
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Europa and Cromwell launch logistics JV
Europa Capital and Cromwell Property Group have launched a German logistics joint venture with a target gross asset value of €150m.
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Firethorn Trust acquires 21-acre Peterborough logistics site
Firethorn Trust has acquired Peterborough South, a 21-acre site speculative logistics site at Kingston Park in Hampton from O&H Properties.
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Works begin at York business park
Work has begun on a 30,000 sq ft industrial and warehouse business park in Monks Cross, York.
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Stoford pre-lets Worcester warehouse to flooring company
Stoford has pre-let a 180,121 sq ft unit at Worcester Six Business Park to Alliance Flooring Distribution.
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Parish council in Basingstoke challenges 2.3m sq ft Amazon shed permission
A parish council in Basingstoke has presented a legal challenge to the planning permission for a 2.3m sq ft warehouse pre-let to Amazon.
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Shed investment in 2021 hits record-breaking £7bn
Investment in the industrial and logistics property sector for this year has already hit a record-breaking £7bn – eclipsing the previous record of £4.7bn for the whole of last year.
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Jaynic appointed as promotion partner for 39-acre Cambridge site
Jaynic has been appointed as a land promotion partner for a 39-acre site at Boxworth Road junction with the A14 to the south of Cambridge Services, Property Week can reveal.
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Stenprop purchases six industrial estates for £15.9m
Stenprop has acquired, in separate transactions, Whitacre Industrial Park in Huddersfield and a portfolio of five multi-let industrial estates located across the UK for a total of £15.9m.
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Bericote and Tritax secure 450,000 sq ft IKEA pre-let in Dartford
Bericote and Tritax Big Box REIT have pre-let their 450,000 sq ft unit in Dartford to IKEA, Property Week understands.
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CBRE GI acquires South Yorkshire industrial park unit
CBRE Global Investors has bought Unit 2 at Enterprise 36 industrial park, in South Yorkshire, from Barmston Developments.
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Warehouse REIT buying spree increases portfolio to 8.5m sq ft
Warehouse REIT, an AIM-listed specialist warehouse investor, has increased its portfolio to 8.5 million sq ft and completed 20 lettings, in a trading update covering the period since 25 May.
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Redde Northgate leases Peterseat Park unit
Mobility solutions and automotive services provider Redde Northgate has leased a unit at Peterseat Park, Altens, in Aberdeen.
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Bridge Industrial acquires fourth site since London office opening
US-based developer Bridge Industrial has acquired its fourth site since opening its London office in November last year, Property Week can reveal.
