Industrial news – Page 26
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NewsTopland completes 191,000 sq ft West Midlands shed letting
Topland has let its Pinnacle 191 scheme in Smethwick, West Midlands, Property Week can reveal.
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OnlineNAV rises at ASLI
Net asset value (NAV) at abrdn European Logistics Income increased by 1.9% during the three months to the end of December.
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OnlineM&G spends £165m on industrial assets
M&G Real Estate has purchased nine multi-let industrial assets across a number of UK regional towns from Patrizia for £165m.
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OnlineClearbell reveals £59m acquisition spree
A fund advised by Clearbell Capital today announces the acquisition of three assets for £59m.
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OnlineSegro produces annual figures ahead of expectations
Segro has posted a near 40% leap in net asset value (NAV) as the Covid-19 pandemic provided a boost to the industrial and logistics sector.
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NewsBericote and Tritax secure planning consent for 388,000 sq ft of logistics space
Bericote Properties and Tritax Big Box have secured planning permission for 388,000 sq ft of logistics space at the former Littlebrook Power Station in Dartford, Kent, Property Week can reveal.
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NewsAmazon’s former UK CEO predicts online will account for half of all retail
The former UK chief executive of Amazon has said that online shopping will account for half of all retail.
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OnlineIndustrial & Logistics sector keeps on booming
We may be midway through the first quarter of a new year, but 2022 already feels similar to 2021.
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OnlineUpgrading stock to MEES could reach £30.5bn
Avison Young says the cost of improving industrial assets could increase further if regulations change.
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NewsCabot Properties snaps up Leeds logistics unit for £17m
International private equity real estate investment firm Cabot Properties has acquired a prime 126,534 sq ft logistics distribution unit in Elland, Yorkshire, let to Buy It Direct, for £17m.
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NewsUS-based Trammell: ‘We’re going to park our tanks on your lawn’
US industrial developer Trammell Crow Company (TCC) has warned the UK industrial sector that it intends to “park [its] tanks on your lawn” as part of an aggressive European expansion campaign.
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NewsFlurry of lettings at Phoenix Close Industrial Estate
Industrials REIT has completed a flurry of new lettings at Phoenix Close Industrial Estate in Heywood, Greater Manchester.
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NewsArrow acquires £233m Amazon Wakefield hub
Arrow Capital Partners has bought Amazon’s Wakefield distribution centre from Mountpark for £233m.
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NewsAmazon Prime Video signs studio lease in Shepperton
Amazon Prime Video has signed a lease for TV and film studio space at Shepperton Studios.
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NewsRent collection in UK industrial sector returns to pre-Covid levels
Rent collection in the UK industrial sector has exceeded pre-Covid levels for the first time since the pandemic began, according to research by commercial property management platform Re-Leased.
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NewsIndustrial rents surge across South East submarkets
Industrial rents in many of the South East’s geographical submarkets has surged, according to data from SHW shared exclusively with Property Week.
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OnlineLondonMetric buys Luton warehouse
LondonMetric has paid Marcol Industrial Investments £15.5m for an urban logistics warehouse in Luton.
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NewsCanmoor hires consultant Haden-Scott
Canmoor has appointed Tim Haden-Scott as a consultant for the firm with immediate effect.
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OnlineLok’nStore first half revenue soars
Self-storage group Lok’nStore has posted a 34.1% rise in revenue during the first six months of its financial year.
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NewsPicton buys another Gloucester multi-let industrial asset
Picton has completed the off-market acquisition of the Mill Place Trading Estate in Gloucester from Robert Hitchins for £10.4m, reflecting a net initial yield of 6.1%.
