Industrial news – Page 30
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NewsStenprop hires former Hertz and Expedia executive
Stenprop has hired John Whitley, a former executive at Hertz and Expedia, to the newly created role of group sales and marketing director.
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Chancerygate reveals plans for £160m of speculative shed development
Chancerygate has revealed plans for speculative industrial development with a combined gross development value of £160m.
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Data centre investor launches IPO with £400m target
Digital 9 Infrastructure (DGI9), an investor in data centres and other digital infrastructure, has launched an initial public offering (IPO) with a target issue of £400m.
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Grocery start up Dija appoints JLL in search for 2,000 sites
A grocery delivery start-up company founded by ex-Deliveroo employees has appointed JLL in its search for 2,000 sites across Europe over the next three years.
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Wincanton delivers first ‘dark store’ for Waitrose in West London
Wincanton has opened a new customer fulfilment centre – or ‘dark store’ – for Waitrose.com in Greenford, West London, making it the first supply chain partner to create a dark store for grocery home deliveries in the UK.
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Prologis acquires former Vauxhall Luton HQ for £80m scheme
Prologis has bought the 17-acre former Vauxhall headquarters in Luton with plans to develop a 300,000 sq ft multi-let industrial scheme with a gross development value (GDV) of £80m.
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Ivanhoé Cambridge and PLP to develop logistics project
Ivanhoé Cambridge and PLP have acquired a 135-acre logistics project at South Caldecotte in Milton Keynes, via the joint logistics investment vehicle PLP UK Logistics Venture (UKLV).
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BentallGreenOak buys £303m big box portfolio
Thor Equities Group and Morgan Stanley Real Estate Investing have sold a portfolio of big box warehouses to BentallGreenOak for £303m.
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Urban Logistics provides £23m forward funding for logistics assets
Urban Logistics is pumping £23m of forward funding into two development sites.
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Clearbell receives green light for £47m Maidstone multi-let shed scheme
Clearbell Property Partners III, a fund managed by Clearbell Capital, has received planning permission to develop a multi-let industrial scheme in Maidstone, Kent, with a GDV of £47m.
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JD Sports in pole position for Arcadia’s Daventry distribution hub
JD Sports Fashion is in exclusive talks to buy Arcadia’s distribution centre in Daventry, Northamptonshire, for more than £60m.
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Vail Williams buys south coast agency
Property consultancy Vail Williams has expanded operations on the south coast through a merger with Cowling West.
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SEGRO pushes green agenda after strong full-year results
CFO says company is ‘pushing the edge’ of what is achievable in ESG as it posts 10.8% surge in pre-tax profit
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Retail and industrial tops private investor wish list, says Allsop
The majority of property investors are looking to put their money into industrial and retail assets in the UK in 2021, according to Allsop’s commercial market survey.
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Netflix in talks for new London studio space
Global streaming giant Netflix is in talks to take new production space at SEGRO’s 230,000 sq ft warehouse development in Enfield.
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Green light for St Francis Group’s 29-acre Birmingham shed scheme
St Francis Group has received planning permission for a 29-acre industrial scheme in Birmingham.
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Aviva completes £139m Birmingham distribution centre deal
Aviva Investors has paid £139m for a Sainsbury’s distribution centre in Coleshill, Birmingham.
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Covid-19 lockdowns boost NAV and profit at SEGRO
Net asset value (NAV) at industrial property giant SEGRO leapt by 16.3% in 2020 as a boom in online trading and e-commerce sparked by Covid-19 lockdowns sent industrial property values soaring.
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Prime Wakefield warehouse hits the market
Knight Frank and Avison Young have been instructed to market a 109,275 sq ft warehouse, located off junction 40 of the M1 in Wakefield.
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Coventry Airport put forward as ‘gigafactory’ site
Coventry City Council in a joint venture with The Rigby Group has revealed plans for an electric car battery ‘gigafactory’ at Coventry Airport.
