Industrial news – Page 27
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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%.
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NewsIndustrial shortage poses a ‘serious crisis’ to the capital
Industrial Land Commission argues that it is vital ‘to protect, intensify and provide new industrial spaces’.
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NewsHelloFresh signs on at SmartParc SEGRO Derby
Meal-kit delivery company HelloFresh has signed on to occupy 118,000 sq ft at SmartParc SEGRO Derby.
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NewsDHL takes 302,000 sq ft at Park Ryton
DHL Supply Chain has signed a lease to take a 302,000 sq ft distribution centre at Park Ryton, near Coventry.
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OnlineAlternative Income REIT buys Volvo showroom
Alternative Income REIT has completed an off-market deal to buy a Volvo car showroom on Bath Road in Slough for £5m.
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NewsKajima completes £45m Warehouse K purchase
Kajima has completed the purchase of Warehouse K, a grade-II listed former tobacco warehouse at the heart of London’s Docklands, for £45m.
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OnlineIndustrials REIT continues rental growth despite Omicron impact
Industrials REIT has claimed a “strong quarter” during the final three months of 2021 as rental value rose following a series of new lettings.
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NewsLondon housing development pushes out 64.5m sq ft of industrial space
London has lost around a quarter (24%) of industrial floorspace over the past 20 years, equating to more than 64.5m sq ft.
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NewsWestmount partners with Ares on 6.1m sq ft US industrial deal
Dallas-based commercial real estate company Westmount Realty Capital has partnered with a fund managed by the Real Estate Group of Ares Management Corporation to recapitalise a 51-asset industrial portfolio totaling 6.1m sq ft in Chicago and Milwaukee.
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NewsBridge Industrial snaps up South East office scheme
US developer Bridge Industrial has snapped up an out-of-town office park in Weybridge, Surrey.
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OnlineWarehouse REIT updates investors
Warehouse REIT has completed 12 lettings and 10 lease renewals ahead of estimated rental value (ERV) during the period since the beginning of October last year.
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NewsQuadReal and Valor launch £2.5bn urban logistics JV
QuadReal Property Group and Valor Real Estate Partners have launched their second joint venture together to invest an additional €3bn (£2.51bn) in urban logistics assets located in the UK, France and Germany.
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NewsHaddenham industrial estate sells for £14m
TPG Real Estate and 4th Industrial UK have bought a warehouse development in Haddenham, Buckinghamshire, from Tavis House Properties for just under £14m.
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NewsTritax and abrdn to provide Britishvolt gigafactory with £1.7bn funding
Tritax and abrdn have formed a partnership to provide Britishvolt’s forthcoming Northumberland gigafactory with £1.7bn in funding.
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NewsPrologis buys out CBRE IM’s share of £1bn UK logistics portfolio
Prologis has bought CBRE Investment Management’s share of a UK logistics portfolio worth £1bn that was developed by the pair.
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NewsFirethorn Trust makes London debut with plans for £45m shed scheme
Firethorn Trust has made its London debut by snapping up a four-acre site with plans to develop a last-mile logistics unit.
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NewsMelburg Capital buys Wakefield industrial unit in off-market deal
Melburg Capital has snapped up a 210,000 sq ft single-let industrial asset in Wakefield, West Yorkshire, in an off-market transaction, Property Week can reveal.
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NewsM&G buys Amazon shed from Fiera for £120m
M&G has bought a warehouse in Peterborough let to Amazon from Fiera Real Estate UK for £120m, reflecting a net initial yield of 3.2%.
