Industrial news – Page 29
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![Poole Bay Unit D Fleets Corner CGI[1]](https://d2bq2usf2vwncx.cloudfront.net/Pictures/100x67/5/4/2/1862542_poolebayunitdfleetscornercgi1_546775.jpg)
NewsPoole Bay Holdings takes shed and office space
Federated Hermes has let newly refurbished warehouse and office space at Fleets Corner Business Park to Poole Bay Holdings.
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NewsJR Capital and Chancerygate industrial fund goes on £16m spree
JR Capital and Chancerygate’s £100m multi-let industrial property investment fund has acquired five assets for a combined value of more than £16m.
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NewsCBRE IM to buy £3.6bn warehouse portfolio in US and Europe
CBRE Investment Management has purchased a 57-asset, 28.4m sq ft portfolio of logistics properties in the US and Europe, valued at approximately $4.9bn (£3.6bn).
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NewsSEGRO snaps up Slough office portfolio for £425m
SEGRO has acquired a portfolio of offices on the Bath Road, Slough, from clients of AEW for £425m, which it intends to redevelop into data centre, life science and creative industries space.
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NewsValor snaps up 500,000 sq ft of London industrial space in £250m spending spree
Valor Real Estate has purchased 500,000 sq ft of industrial space completing six acquisitions in core London submarkets for a total of £250m.
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NewsConygar completes sale of Birmingham industrial units for £7.2m
The Conygar Investment Company has sold industrial units in Selly Oak, Birmingham, for £7.17m to an unnamed student accommodation provider.
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NewsLondonMetric snaps up Savills IM’s urban industrial assets for £122m
LondonMetric has acquired Savills IM UK Income and Growth Fund in a corporate transaction valued at £122.2m.
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NewsUKCM acquires industrial and office asset Precision Park for £94m
UK Commercial Property REIT (UKCM) has acquired industrial and business site Precision Park in Leamington Spa, Warwick, for £94m.
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NewsEQT Exeter closes €3bn logistics portfolio sales
EQT Exeter has closed a €3bn (£2.6bn), 2.2m sq m logistics portfolio sale to an unnamed buyer on behalf of its private real estate fund EQT Exeter European Value Venture III
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NewsTrammell Crow submits plans for Sheffield logistics facility
Trammell Crow Company (TCC) has submitted a planning application to Sheffield City Council to develop the former Betafence site at Shepcote Lane in Sheffield, which closed to manufacturing in November 2018.
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NewsBlackstone snaps up €520m pan-European logistics portfolio
Macquarie Capital Principal Finance and Singaporean real estate fund Elite Partners Capital have sold their pan-European logistics portfolio Elite Logistics Fund I to Blackstone European Property Income Fund for €520m (£443m).
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NewsCBRE IM acquires Tesco’s Fenny Lock shed
CBRE Investment Management (CBRE IM), on behalf of a fund it sponsors, has acquired a 617,000 sq ft industrial distribution unit let to John Lewis in Fenny Lock, Milton Keynes, from Tesco for a figure understood to be around £140m.
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NewsSEGRO snaps up Croydon multi-let industrial estate for £120m
SEGRO has bought a multi-let industrial estate in Croydon, south London, from LaSalle Investment Management for £120m.
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OnlinePaloma Capital and Graftongate secure trio of occupiers at Exeter Trade Park
Paloma Capital and its joint venture partner, Graftongate, have agreed a trio of lettings totalling more than 82,000 sq ft at Exeter Trade Park, situated on Marsh Barton Trading Estate in Devon.
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NewsUK warehouse take-up to reach 66m sq ft in 2021
Take-up of warehouse space in the UK is set to hit 66m sq ft in 2021 for units over 50,000 sq ft, according to preliminary data from Knight Frank.
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NewsCake Box spreads out with Enfield letting
Bakery company Eggfree Cake Box has signed a 10-year lease to take warehouse space at Mollison Avenue in Enfield, north London.
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NewsSalmon Property joins with Westbrook for £100m UK industrial drive
Salmon Property has formed a joint venture with US real estate investment management business Westbrook Partners to invest £100m in the industrial and logistics sector, Property Week can reveal.
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OnlineSevenCapital signs 10-year tenant at Pineham
Developer SevenCapital has agreed to lease an industrial unit at Pineham Business Park in Northampton to global manufacturer HellermannTyton.
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NewsFIREM expands Wrexham presence
FI Real Estate Management (FIREM) has acquired an additional 47 acres of land at Wrexham Industrial Estate.
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NewsLast chance to take the Q4 Property Week Covid-19 sentiment survey
This is the last chance to get your voice heard in Property Week’s latest quarterly survey – with the survey closing TODAY at 1pm.
