Industrial news – Page 3
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Dudley shopping centre listed for £2.75m at Acuitus auction
West Midlands shopping centre to go under the hammer at Acuitus’s first 2024 sale.
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Folkes Properties returns to UK market with West Midlands acquisition
Firm purchases two warehouses leased to Sheffield Insulation Group.
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UK debt funding gap among lowest globally, AEW analysis shows
Europe has most challenging property debt market but UK is outperforming, AEW finds.
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Tritax provides positive annual update to investors
Tritax Big Box REIT achieved a 6.9% increase in like-for-like rent reviews during 2023.
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BPF calls for ‘radical reset’ with election manifesto
Growth, homes, town centres and the green economy are the focus of a plan for partnership between industry and government.
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Ares snaps up 1.2m sq ft I&L portfolio
Royal London Asset Management Property sells clutch of assets in South East and Midlands for undisclosed price.
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CREI offloads Milton Keynes warehouse for £8m
Custodian Property Income REIT has sold the 52,000 sq ft warehouse on Bradbourne Drive, Tilbrook Industrial Estate, to an unnamed buyer.
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JR Capital and Chancerygate fund buys trio of industrial assets
JR Capital and Chancerygate’s multi-let urban logistics investment fund has acquired a portfolio of three South East industrial assets for £14m from GMS Estates.
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Warehouse REIT boasts of ‘strong quarter’
Warehouse REIT has told investors that it enjoyed “a strong quarter of leasing activity” during the three months to 31 December.
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Stoford wins planning for £30m Wolverhampton I&L hub
Wolverhampton City Council has given the plans the green light.
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Massive demand for new I&L floorspace, says Knight Frank
The property adviser warns 112m sq ft is needed over the next five years.
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NAV up 4.7% at Safestore but profits down
Self-storage group posts 4.7% rise in net asset value for year to end of October.
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Muse proposes extension to Nottinghamshire I&L park
The developer has submitted planning applications for six new industrial units at Harrier Park, Dorey Way in Hucknall.
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Chancerygate plans speculative east Manchester shed
Urban logistics and warehouse developer Chancerygate has submitted plans to speculatively build a 59,500 sq ft grade-A warehouse in Manchester.
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Stoford and BlackRock fund submit plans for 302,000 sq ft Coventry shed
Commercial property developer Stoford and BlackRock UK Property Fund (BUKPF) have submitted a detailed planning application for the redevelopment of a 16.4-acre logistics complex in Coventry.
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Clarion raises £427m for UK logistic fund
Fund manager Clarion Partners Europe has exceeded the fund raising target for its closed-end UK logistics fund by securing £427m in investment.
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AM Sci Tech swoops for Aberdeen Energy and Innovation parks
Manchester-based property company AM Sci Tech – a subsidiary of Hurstwood Holdings – has snapped up Aberdeen Energy Park and Aberdeen Innovation Park in an acquisition described by the firm as “one of the most significant property deals in Aberdeen in the last decade”.
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Taurus Developments appoints former JLL director Harding to advisory board
Former JLL industrial and logistics director Andy Harding has joined Taurus Developments as a consultant and member of its advisory board.
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Hadrian Industrial Estates snaps up Durham portfolio for £1.28m
Hadrian Industrial Estates, part of Hadrian Land, has snapped up three multi-let industrial estates in County Durham for a combined £1.28m from commercial property investor Snowlarch.
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Prologis’s 90,000 sq ft Croydon expansion plans get green light
Logistics developer Prologis UK has secured planning permission for four new units in a second phase of development at Prologis Park Beddington in Croydon, south London.