Industrial news – Page 23
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Capital markets division carries JLL to bumper Q1
JLL has reported a revenue boost of more than 20% during the first three-month period of 2022, highlighted by the performance of its capital markets division.
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TPIF acquires Woodman Works
A private UK client of Nightingale Partners has disposed of the freehold of Woodman Works in Wimbledon to Tritax Property Income Fund (TPIF).
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Aprirose acquires 12-acre Greater Manchester logistics facility
Aprirose has acquired a 12-acre logistics development in Wigan, Greater Manchester.
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Valor acquires two London shed assets for £30m
Valor Real Estate Partners has acquired two urban logistics assets in Tottenham and Wandsworth for a combined £30m.
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Industrials REIT has record quarter for deal volumes
Industrials REIT has revealed a 90% leap in the value of new leases during the first three month of the year.
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Take-up slows down among online retailers
Savills data shows increased 3PL outsourcing has triggered a fall in I&L take-up by online retailers this year.
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LondonMetric buy logistics assets for £29m
LondonMetric has paid £28.8m for two urban logistics properties in separate transactions.
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SEGRO looking to lease Northampton park
SEGRO is looking to lease its SEGRO Logistics Park Northampton (SLPN), a 5m sq ft industrial and logistics scheme with a new strategic rail freight terminal.
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Elstar completes £7m North Wales Trade Park acquisition
Manchester-based property company Elstar has purchased Gateway Park, a multi-let trading estate in Bangor, north Wales, for around £7m.
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M&G Real Estate secures 252,500 sq ft Northampton pre-let to Active Ants
M&G Real Estate has agreed to pre-let a 252,500 sq ft industrial unit at Brackmills Industrial Estate in Northampton to Dutch e-commerce logistics company, Active Ants, on a 10-year lease.
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Urban Logistics spends £45m on acquisitions
Urban Logistics has spent a further £45m on acquisitions during the six months to the end of March.
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SEGRO expands London footprint with acquisitions of £195m
SEGRO has completed £195m of investment in London, acquiring Grand Union Trade Park in Park Royal and purchased two assets in Wapping and Clapham.
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Peel L&P finalises double sale at Doncaster GatewayEast
Regeneration business Peel L&P has sold two sites to international investors and secured a number of lettings at its £1.7bn GatewayEast development in Doncaster.
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Cain International will focus on London to double £500m Firethorn portfolio
London logistics activity will form the basis of Cain International’s strategy of doubling the value of its recently acquired Firethorn Trust portfolio, according to the company’s senior managing director.
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Warehouse REIT acquires £62m Milton Keynes site
E-commerce urban and industrial warehouse investor Warehouse REIT is buying Bradwell Abbey Industrial Estate in Milton Keynes, as part of a land grab across the Oxford-Cambridge Arc.
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AXA IM Alts buys £391m UK logistics portfolio
AXA IM Alts has acquired a £391m UK logistics portfolio from a joint venture between Goldman Sachs and Canmoor.
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Planning permission granted for Trammell Crow sheds site in Milton Keynes
Commercial real estate developer and investor Trammell Crow Company (TCC) has been granted planning permission to develop a 19.4-acre, grade-A logistics site in Milton Keynes.
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Industrials REIT buys four MLI estates across England
Industrials REIT has agreed a £21m deal to buy four multi-let industrial estates across England.
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Fiera Real Estate and Wrenbridge acquire Crawley industrial site
Fiera Real Estate and Wrenbridge have purchased five industrial units in Crawley, where they plan to create a 66,000 sq ft, grade-A warehouse with a gross development value of £27.4m.
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New speakers added to Property Week’s I&L event agenda
Time is running out to buy your ticket for Property Week’s Industrial & Logistics Conference & Showcase next month.