Industrial news – Page 25
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OnlineHBD 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.
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Shed 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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Irish real estate investment leaps 170%
Investment in the Irish real estate sector has leapt 170%, Savills data has revealed.
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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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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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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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Nissan to develop £450m gigafactory in Sunderland
Nissan has revealed plans to develop a £450m gigafactory in Sunderland.
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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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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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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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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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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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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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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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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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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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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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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.
