Industrial news – Page 25
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NewsTwo warehouses hit lettings market
Realterm has instructed Colliers and LSH to bring two logistics facilities totalling more than 500,000 sq ft to market.
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NewsDrink can manufacturer gulps down 625,000 sq ft Peterborough warehouse
Trebor Developments has pre-let a 625,000 sq ft warehouse in Peterborough to aluminium beverage can manufacturer Crown Holdings.
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NewsLangtree gets green light for £180m Warrington logistics scheme
Industrial developer Langtree has received planning permission for a 3.1m sq ft logistics scheme in Warrington, Cheshire, with a GDV of £180m.
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NewsIceland inks lease for a cool half million sq ft shed
Iceland has pre-leased a 505,000 sq ft warehouse from Miller Developments at Omega Business Park in Warrington, Cheshire.
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NewsClearbell and Barwood Capital sell Thatcham warehouse to Fiera
Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital LLP, and development partner Barwood Capital has sold a warehouse in Thatcham, Berkshire, for £10.9m to Fiera Real Estate.
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NewsDP World lets 300,000 sq ft of space at London Gateway
DP World has let 300,000 sq ft of space to two tenants at its London Gateway logistics park in the Port of London.
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NewsGLP may axe multi-storey plans in favour of data centre scheme
GLP is considering nixing its plans to build a multi-storey warehouse in Newham, London in favour of a potential data centre scheme as part of a wider company drive to grow its data centre portfolio.
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NewsIndustrial activity broke ‘every conceivable record’ in 2021, says LSH
Activity in the UK industrial and logistics sector in 2021 broke “every conceivable record”, according to Lambert Smith Hampton.
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NewsGoya acquires Swanley site for £60m scheme
Goya Developments has acquired an eight-acre site in Swanley with plans to build a 160,000 sq ft industrial scheme with a GDV of £60m, Property Week understands.
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OnlineWestbrook forward purchases £172.5m industrial portfolio
Westbrook Partners has agreed to forward purchase two urban logistics portfolios for £172.5m from Chancerygate and Bridges Fund Management.
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OnlineWorkspace sells East London industrial scheme
Workspace Group has sold Highway Business Park in Limehouse, East London, and an adjoining property owned by Canada Life Investments for £23.7m.
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NewsSouth East industrial space could dry up within five months
Industrial and logistics space in London and the South East will run out within five months at the current rate of take-up, according to a report by London First and CBRE.
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NewsTickets for Property Week’s industrial conference are available now
Tickets are now on sale for the Industrial & Logistics Conference & Showcase – which is back in the room for the first time since before the pandemic.
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NewsB&Q agrees 430,000 sq ft Doncaster Symmetry Park warehouse pre-let
B&Q has signed a 15-year lease with Tritax Big Box REIT for a 430,000 sq ft warehouse and distribution centre at Symmetry Park in Doncaster.
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NewsShed yields could compress to ‘sub 3%’, Tritax Big Box CEO says
Industrial yields could compress to “sub 3%”, Tritax Big Box’s chief executive Colin Godfrey has predicted.
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NewsFirethorn Trust sells UK logistics portfolio to Cain International for £550m
Firethorn Trust has exchanged contracts to sell its UK logistics assets for £550m to Cain International, the privately held investment firm operating in the United States and Europe.
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NewsFortwell funds Jaynic’s latest Suffolk shed
Fortwell Capital has provided a £13.8m development loan to Jaynic for the construction of a new logistics unit at Suffolk Park, in Bury St Edmunds, Suffolk.
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NewsGerald Eve serves up Hackney brewery
Gerald Eve has been appointed by Carlsberg Marston’s to market the London Fields Brewery in Hackney, London.
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NewsAver to fund 330,000 sq ft Staffordshire spec scheme
Aver has agreed to fund the speculative development of a 330,000 sq ft logistics/warehouse accommodation at Novus Point in Newcastle-under-Lyme, Staffordshire, for Cole Waterhouse, working in partnership with Peveril Securities.
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NewsRaynsway Properties sold to private investor
North Leicestershire developer Raynsway Properties has been sold to private clients of Boundary Real Estate Partners.
