Industrial news – Page 22
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Chancerygate and Northwood team up for Manchester logistics site
Chancerygate and Northwood Investors have formed a joint venture (JV) to build a 131,000 sq ft logistics site at Trafford Park, Manchester.
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Cole Waterhouse secures site for 300,000 sq ft logistics scheme in Salford
Cole Waterhouse has purchased land to build a 300,000 sq ft logistics site next to the AJ Bell Stadium in Salford.
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LXi REIT produces strong set of annual figures ahead of merger
LXi REIT has posted an annual rise in net asset value (NAV) of 13.5% as rental income leapt by 36.7% during the year.
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Panattoni puts in plans for Crawley logistics scheme
Panattoni has submitted plans for a 199,672 sq ft speculative, last-mile logistics development in Crawley to Crawley Borough Council.
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Oxenwood snaps up Manchester logistics park for £19m
Oxenwood Real Estate has acquired a multi-let logistics estate near Manchester for £19m.
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NAV and European logistics portfolio value rises in first quarter at abrdn
Net Asset Value (NAV) at abrdn European Logistics Income rose 1.9% in the first three months of 2022.
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BidX1 sees brisk pre-sale activity at May auction
London residential lots took centre stage in pre-auction sales at BidX1’s 26th May online sale.
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Abrdn’s AIPUT spends £38m on Luton industrial park
Abrdn’s Airport Industrial Property Unit Trust (AIPUT) has acquired Trade City Luton industrial trade park from Kier for £38.4m.
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LondonMetric valuations rocket as urban logistics bet comes good
LondonMetric added £1bn to its portfolio’s value during its financial year ending 31 March 2022, according to its annual results.
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Records broken at Picton with £147m profit
Picton has broken its highest annual profit record since its 2005 launch.
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EPIC reports boost to portfolio value following switch to retail sheds
Ediston Property Investment Company has reported an 11.2% increase in like-for like property portfolio values after it switched its investment strategy to focus on retail warehouses.
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Panattoni eyes Yorkshire logistics stronghold
Panattoni is lining up the construction of what would be one of the largest logistics facilities in South Yorkshire.
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Woodland Group secures second warehouse at iPort in Doncaster
Global logistics firm the Woodland Group is to take a second warehouse at iPort near Doncaster.
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Warehouse REIT drives up portfolio values
Warehouse REIT has reported a 19.4% like-for-like valuation uplift of its portfolio to £1.01bn, up from £792.8m last year.
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Warehouse REIT brings forward Panattoni Crewe logistics hub
Warehouse REIT has entered into a development agreement with Panattoni to create a 2m sq ft logistics hub at Radway Green, in Crewe.
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Dunmoore acquires Bedfordshire site to develop trade park
Property investor and developer Dunmoore has bought a vacant industrial unit at Stratton Business Park in Biggleswade, Bedfordshire, with plans to create a 42,500 sq ft trade park.
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Bond Wolfe heads looks ahead to ballroom return after bumper May sale
Bond Wolfe is to return to the auction room after a two and a half year hiatus for it’s 21 July auction.
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Topland ready to deploy £200m following deals
Topland Group has announced that it is prepared to deploy £200m of investment into multiple sectors by the end of 2022 following two deals in Tewkesbury and Aberdeen.
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M7 Real Estate offloads Gloucestershire industrial estate
M7 Real Estate has sold the Formal Industrial Estate (Formal IE) in Tewkesbury, Gloucestershire, to a private client of Real Estate Investment Management.
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Tritax EuroBox boosts NAV 6%
Tritax EuroBox has posted a 6% rise in net asset value (NAV) for the first six months of its financial year.