Industrial news – Page 24
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NewsNew 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.
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NewsFirethorn completes £550m sale of UK logistics portfolio to Cain International
Firethorn Trust has completed the sale of its UK logistics portfolio, totalling 3.25m sq ft, to Cain International for £550m.
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NewsColliers Capital acquires Leighton Buzzard industrial estate
A speculative development of 13 business units at an industrial estate in Bedfordshire has been bought by Colliers Capital, 10 months after it was completed.
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OnlineKKR buys four logistics assets for £160m in Harlow
Mirastar, KKR’s industrial and logistics platform in Europe, has acquired four UK logistics assets in Harlow, Essex, for £160m from TPG and Stoford.
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OnlineSirius expects full year figures in line with forecasts
Business and industrial parks group Sirius Real Estate has told investors it figures for the year to the end of March are expected to be in line with market expectations.
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OnlineHarworth secures planning consent for the next phase of the Rotherham manufacturing scheme
Harworth Group has secured planning consent for the direct development of 93,000 sq ft of employment space at the Advanced Manufacturing Park (AMP) in Rotherham, South Yorkshire.
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NewsQ1 logistics space take-up doubles from last year
Take-up of UK logistics space in the first quarter of 2022 saw a 100% increase compared with the same period last year, according to real estate adviser CBRE.
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NewsMaze leases space for Peterlee DC
Outdoor furniture company Maze has leased space for another UK distribution centre in Peterlee as part of its ambition to offer nationwide distribution.
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NewsRetail warehouse vacancy rates return to early Covid levels
Retail warehouse vacancy rates have started to come down again after hitting an eight-year high in 2021 and are now back to the same level they were at the outset of the pandemic, according to the new ‘Definitive Guide to Retail & Leisure Parks 2022’ from Trevor Wood Associates.
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NewsDP World lets warehouse to Magnum
DP World – the owner of P&O Ferries – has let a warehouse at its London Gateway scheme on a long lease to third-party logistics provider Magnum Logistics, Property Week can reveal.
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NewsBridge secures planning consent for office-to-shed redevelopment in UK debut
US-based developer Bridge Industrial has achieved planning consent for Bridge Point Uxbridge, an office-to-industrial redevelopment that will be its first UK scheme, Property Week can reveal.
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NewsEvans lets Lichfield spec shed to interiors company
Evans has let a speculatively developed warehouse on Fradley Park in Lichfield, Staffordshire, to interiors business The Cotswold Company.
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NewsAmazon Property announces £250m real estate fund
London property investor and developer Amazon Property has committed via its private equity division Amazon Capital to a £250m real estate fund.
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NewsFiera Real Estate and Cubex purchase site for Cardiff shed
Fiera Real Estate (FRE UK) and Cubex have snapped up a 4.2-acre three miles east of Cardiff city centre with plans for a warehouse scheme.
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NewsPLP to develop speculative big box logistics scheme in Stafford
PLP has acquired a 17-acre development site at Stone Business Park in Stafford and has announced plans to speculatively develop a 350,000 sq ft logistics warehouse unit, which will be known as PLP Stafford.
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NewsRegional REIT asset manager calls top of industrial market
London & Scottish Property Investment Management says REIT pivoted from industrial because of rising rents.
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OnlineStrong rental growth set to continue in industrial and logistics sector
Rental growth in the UK industrial and logistics sector is set to continue to outpace both the office and retail sectors over the next five years, according to the latest research from Knight Frank.
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OnlineUrban Logistics spends £72m on four deals
Last-mile logistics focussed REIT Urban Logistics has spent £72m on four assets in London, Warwickshire and Yorkshire.
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NewsTrammell Crow Company receives green light for Sheffield shed
Trammell Crow Company (TCC) has received planning permission from Sheffield City Council to develop the former Betafence site at Shepcote Lane in Sheffield into a warehouse scheme.
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OnlineEdinburgh Royal Mail warehouse sold by Hines
Real estate giant Hines has sold the Royal Mail sorting warehouse in Edinburgh to ICG Real Estate for an undisclosed price.
