Industrial news – Page 24
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OnlineSEGRO sells Italian warehouse portfolio
SEGRO has sold a portfolio of six Italian urban warehouses for €127.5m (£108.9m) to AXA IM Alts, on behalf of clients.
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Warehouses overtake supermarkets in retail volumes battle
Retail warehouses have emerged as the most attractive retail sector for investors in the first half of 2021, overtaking supermarket investment volumes.
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Demand for logistics space in Ireland picks-up in Q2 2021
Demand for logistics space in Ireland was 22% higher in Q2 2021 compared with the same period in 2020, according to data from Savills.
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Two big schemes set to boost West Sussex warehouse stock
Redevelopment schemes in Worthing and Crawley will add almost 500,000 sq ft of new space to the market
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Industrial sector seen as the ‘forgotten man’
Developers and landlords frustrated with government over planning white paper
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ASI snaps up Amazon-occupied Orpington warehouses in £50m deal
Aberdeen Standard Investments (ASI) has bought a pair of warehouses in Orpington, Kent, both let to Amazon, for a price understood to be around £50m.
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Bridges and Barwood buy Bracknell ice rink for urban logistics shed
Bridges Fund Management and Barwood Capital have snapped up the vacant John Nike Leisuresport Ice Rink in Bracknell to develop into a £20m urban logistics scheme.
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Bridge Industrial bags pair of London sites
Bridge Industrial has snapped up two sites in London with plans to develop 100,000 sq ft of industrial space.
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Palace Capital lets 49,380 sq ft of industrial space
Palace Capital has let a 14,600 sq ft logistics site in Kettering, Northamptonshire, to ecommerce business Prodbuy and has announced a lease regear of a 34,780 unit let to SIG Trading in Plymouth, Devon.
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100% rent collection for LXi leads to increase in annual dividend
Logistics and industrial investor LXi REIT has collected 100% of the rent due for the quarter ending September 2021.
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Bridge Industrial recruits analyst to UK team
US-based industrial developer Bridge Industrial has appointed Leigh Robinson as an analyst to its UK team.
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Chancerygate and Bridges buy Leeds site to deliver £31m shed scheme
A joint venture between Chancerygate and Bridges Fund Management has acquired a site in Leeds to speculatively develop an industrial scheme with a gross development value of £31m.
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Urban Logistics raises £108m through share placing
Urban Logistics REIT has raised £108m in a share placing.
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Lush takes Dorset shed space to treble size of recycling hub
Lush has expanded its logistics presence at Fleets Corner business park in Poole, Dorset by letting a recycling hub three times the size of its previous one.
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Nissan leads the charge as UK gears up for gigafactory boom
Car manufacturer teaming up with Envision AESC to build £450m car battery gigafactory at Sunderland’s IAMP.
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Stenprop acquires Wigan trading estate for £20.6m
Stenprop has purchased Bradley Hall Trading Estate in Wigan from HIMOR Property for £20.6m, reflecting a net initial yield of 6.43%.
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LondonMetric lets 260,000 sq ft of urban logistics in Bedford and Northampton
LondonMetric Property has let 260,000 sq ft of space across two units each on 15-year lease terms with 10 years to break.
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Network Space secures first letting at Woodhouse Link
Network Space has secured its first letting at its speculative Woodhouse Link development, located close to M1 Junction 31 in Sheffield.
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Plans submitted for £50m Dagenham industrial development
Credit Suisse Asset Management Global Real Estate, in a joint venture with Chancerygate and Hines, has submitted its plans to develop a 172,169 sq ft industrial development in Dagenham.
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HBD acquires £6.2m site in Welwyn Garden City
HBD has acquired a three-acre brownfield site for £6.2m in Welwyn Garden City as part of its £1.4bn expansion pipeline.
