Industrial news – Page 23
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OnlineShed take-up reaches record high in first six months of year
UK take-up of industrial and logistics space has again hit record levels in the first half of 2021, according to a new report.
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Online
Irish real estate investment leaps 170%
Investment in the Irish real estate sector has leapt 170%, Savills data has revealed.
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Online
Caddick gets green light for 300,000 sq ft Leeds shed scheme
Caddick Developments has received planning permission to develop 300,000 sq ft of warehouse space in Leeds.
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News
ASI scores with Rugby shed buy in Oldham
Aberdeen Standard Investments (ASI) has bought a warehouse scheme in Oldham from Cantt Pak, Property Week can reveal.
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Online
UK sees a shed spec development boom
A number of developers are ploughing ahead with their aggressive speculative development plans as demand for logistics space continues to outstrip supply across some parts of the country.
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News
Nissan to develop £450m gigafactory in Sunderland
Nissan has revealed plans to develop a £450m gigafactory in Sunderland.
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News
Strong demand continues to drive up industrial land values
Industrial land values in the UK climbed by 6.8% in the 12 months to June 2021, as investors continued to snap up shed space, according to data from Carter Jonas.
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Online
Crestbridge to sell Aylesford shed for £21.6m
Crestbridge has instructed Savills to sell Unit 1 at Aylesford Commercial Park near Maidstone in Kent for £21.6m, which would reflect a net initial yield of 3.5%.
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M&S in Bristol shed talks
Mountpark is in talks to let a 360,000 sq ft warehouse near Bristol to Marks Spencer.
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Online
Urban Logistics seeks main market listing via fundraising
Urban Logistics is targeting a premium listing on the main market of the London Stock Exchange via a fundraising of up to £108m.
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News
Knight Property Group submits plans for £50m Belgrave Logistics Park
Knight Property Group has submitted a planning application to South Lanarkshire Council to develop a brand new £50m logistics park in Bellshill, south east Glasgow.
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News
Oxenwood snaps up Kettering distribution hub for £9m
Real estate investment management firm Oxenwood has acquired a manufacturing and distribution facility for one of the UK’s largest engineering groups in Kettering for £9.05m – a net initial yield of 6.46%.
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News
Nissan expected to build Sunderland gigafactory
Nissan is expected to announce plans later this week to build a car battery gigafactory in Sunderland.
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Online
LXi increases fundraising target to £100m
LXi REIT has upped the target size of its recent share placing from £75m to £100m following investor interest in the fundraising.
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Savills IM secures planning for ‘net zero’ Cambridgeshire shed
Savills Investment Management has secured planning permission from South Cambridgeshire District Council for a net zero carbon-ready industrial development on the outskirts of Cambridge.
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Online
Blackbrook acquires East Midlands logistics asset
Blackbrook Capital has acquired Trenport’s 550,000 sq ft logistics asset at East Midlands Gateway.
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Online
Key Land Capital submits plans for Brum industrial units
Developer Key Land Capital has submitted planning applications for industrial units in Aston, Birmingham.
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Online
Eastbourne industrial park fully let at ‘a new rental high’
An industrial park in Eastbourne has been fully let and has set a “new rental high” for the area, according to the letting agent.
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News
Panattoni reveals plans for 715,000 sq ft of Yorkshire shed space
Panattoni has revealed plans to speculatively develop 715,000 sq ft of warehouse space at Rotherham in Yorkshire.
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News
Developer and pension fund secure planning for Southampton sheds
Salmon Property and The Royal London Pension Property Fund have been granted planning for their 150,000 sq ft industrial and logistics scheme in Southampton, Property Week can reveal.
