Industrial news – Page 28
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Bradda Capital completes Erith shed site sale
Bradda Capital has sold a last-mile logistics site in south-east London to Evo Industrial, Property Week can reveal.
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Mayfair Capital’s Charities trust snaps up Northampton shed for £15.6m
Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired an industrial estate at Brackmills Trade Park, Northampton, for £15.6m, reflecting a net initial yield of 3.8%, Property Week can reveal.
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BNP Paribas REIM UK sells Amazon shed for £161m
BNP Paribas Real Estate Investment Management (REIM) has sold Amazon’s fulfilment centre in Bardon, Leicestershire to Savills Investment Management for £161m.
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St. Modwen Logistics completes trio of lettings
St. Modwen Logistics has complete three new lettings at St. Modwen Park Gloucester and St. Modwen Park Stoke South.
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Urban Logistics posts large rises in annual figures but divi remains flat
Urban Logistics REIT has posted a rise in both net asset value (NAV) and profit in the year to 31 March as warehouse space continued to boom during the Covid-19 pandemic as consumers flocked to online retailers.
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Logicor lets Liberty Park warehouse to AX
Logicor has let Unit L49 at Liberty Park, Lichfield to AX on a 10-year lease.
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Harworth lets unit at Multiply Logistics North
Harworth Group and its joint venture partner, Knight Frank Investment Management, have let 149,300 sq ft warehouse at Multiply Logistics North.
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Boohoo completes Northants letting
Online fashion retailer Boohoo has completed its letting of a warehouse in Wellingborough, Northamptonshire from Exeter Property Group.
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Focus Logistics to take space at SEGRO Park Rainham
Focus Logistics has signed a 10-year lease for 31,658 sq ft of logistics space at SEGRO Park Rainham.
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GLP gains planning for G-Park warehouse scheme
Logistics investor and developer GLP has secured planning permission for the development of up to 736,000 sq ft of warehouse space at G-Park Ashby.
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Clearbell sells Berkshire warehouse site
Clearbell Property Partners III has sold a 116,000 sq ft warehouse site at Thatcham Park, Berkshire, to NFU Mutual Insurance Society (NFUM) for £24.95m.
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Oxenwood buys Coventry distribution site for £18m
Oxenwood Real Estate has paid £17.9, for a vehicle storage, sales and distribution facility in Coventry.
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Aver Property sells Bicester shed scheme to buy London office
Aver Property, a joint venture between Ergo Real Estate and NFU Mutual, has sold a 200,000 sq ft industrial scheme in Bicester and plans to use the profits to buy a London office building.
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Fabrix buys historical Tower Hamlets industrial site for mixed-use scheme
Fabrix has snapped up 23-24 Gillender Street in Tower Hamlets, east London, with plans to redevelop the part grade-II listed and part 1930s modernist industrial site into a mixed-use scheme, Property Week can reveal.
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All the key takeaways from Property Week’s Industrial & Logistics Conference 2021
Although sector is experiencing unprecedented growth, there are still challenges to overcome, warn experts
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Logicor lets 219,000 sq ft Birmingham shed to DHL
Logicor has let a 219,000 sq ft warehouse in Birmingham to DHL, Property Week can reveal.
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Oxenwood acquires Walkers’ Leicester shed for £12.1m
UK and European real estate investment management firm Oxenwood Real Estate has acquired a distribution warehouse in Leicester occupied by Walkers for £12.1m, reflecting a 5% net initial yield.
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Riva Home buys Agfa’s 373,000 sq ft former Leeds factory for new HQ
Riva Home has bought Agfa’s 373,000 sq ft former metal plate printing factory in Leeds for a new head office facility.
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IPUT acquires 2.8m sq ft site near Dublin airport
IPUT Real Estate has acquired a 2.8m sq ft development site near Dublin airport.
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Tristan opportunity fund acquires £862m German portfolio
The Tristan opportunity fund has acquired a £862m German portfolio.