Industrial news – Page 30
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SevenCapital 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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FIREM expands Wrexham presence
FI Real Estate Management (FIREM) has acquired an additional 47 acres of land at Wrexham Industrial Estate.
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Last 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.
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Argos sub-lets Stafford distribution centre to The Range
Argos has sub-let its 475,000 sq ft distribution centre at Acton Gate in Stafford to homeware retailer The Range.
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AEW acquires two warehouses for £8m
AEW UK Real Return Fund (AEW) has acquired two wholesale warehouses, in Barnsley and Leicester, for £8m at a blended yield of 7%.
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Prologis completes £100m Heathrow Airport office buy
Prologis has completed its purchase of a 203,000 sq ft of office space at Heathrow Airport for £100m – two months after Property Week revealed it had gone under offer on the building.
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St. Modwen hires Nicki Whittaker from Prologis for senior customer and markets role
St. Modwen Logistics has hired Nicki Whittaker from Prologis to the newly created role of senior director for customer and markets.
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Mayfair Capital’s PITCH spends £35m on South East retail warehouses
Mayfair Capital’s Property Income Trust for Charities (PITCH) has completed £35m of retail warehouse acquisitions, comprising two parks in Bedford and Milton Keynes, increasing the fund’s weighting to the sector to 15%.
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Investment in UK industrial sector looks set to hit £15.7bn this year
Investment in the UK industrial and logistics sector is expected to hit £15.7bn by the end of 2021, 48.1% higher than the £10.6bn recorded in 2020, according to exclusive data from Knight Frank.
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Plans submitted for huge industrial scheme on 200-acre ironworks site
Verdant Regeneration has submitted an outline planning application for the redevelopment of the 200-acre New Stanton Park.
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Tritax EuroBox produces strong annual results
Tritax EuroBox has revealed a 10% rise in net asset value for the year to the end of September.
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Urban Logistics to join main market
Urban Logistics is set to join the main market of the London Stock Exchange.
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Wilton completes letting and sale at Yorkshire industrial scheme
Wilton Developments has completed an 80,500 sq ft letting and investment sale at Enterprise 36 industrial and warehouse scheme in Tankersley, South Yorkshire.
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Urban Logistics increases share placing to £250m
Urban Logistics has increased the size of its recent share placing from £200m to £250m in response to “the strength and quality of demand from investors”.
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Sussex Junction sold following data centre pre-let
Arcus has sold its Sussex Junction development in Bolney, West Sussex to UK Commercial Property REIT for £25.2m, after pre-letting the scheme to a data centre.
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Yorkshire micro brewer gulps down two taprooms and a brewery
Yorkshire-based micro brewer SALT has acquired two taprooms and a brewery in London.
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Barings offloads warehouses and nabs Richmond offices
Barings has completed on three UK transactions worth a total of £27.9m on behalf of a client.
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UKCM nabs Gatwick warehouse for £25m
UK Commercial Property REIT (UKCM) has forward-funded £25m for three new warehouse units, known as Sussex Junction, which are currently under construction near Gatwick Airport.
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Logicor lets final unit at Widnes 108
Logicor has secured a new 10-year lease with a leading international packaging company at Widnes 108, taking the space to 100% occupancy.
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Plans unveiled for four speculative industrial units at Durham’s Integra 61
Citrus Durham has unveiled plans to speculatively develop a four-unit industrial scheme totalling 337,225 sq ft at its £300m mixed-use Integra 61 development near Durham.