Industrial news – Page 31
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IM Properties secures forward funding for two logistics assets
Fiera Real Estate UK and Wrenbridge have agreed to forward fund the sale of two urban logistics schemes in Houghton Regis and Dartford to IM Properties for a combined price of £34m.
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Royal Mail takes Manton Wood warehouse space
Clearbell UK Strategic Trust has agreed a lease with Royal Mail on a 71,612 sq ft warehouse on the Manton Wood Business Park in North Nottinghamshire.
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Urban Logistics targets £200m fundraising
Urban Logistics is seeking £200m from a new share placing to help fund its acquisition pipeline.
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LondonMetric buys two warehouses for £135.6m
LondonMetric Property has paid £135.6m for two logistics warehouses in two separate deals.
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Urban industrial fund snaps up two more assets
BCCIM, a joint venture between Barwood Capital and Caisson Investment Management, has made two urban industrial acquisitions through its Industrial Income LP fund (UII).
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Warehouse REIT reports leap in net asset value and revenue
Company will continue to target acquisitions on Oxford-Cambridge arc despite shortage of available assets.
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Firethorn acquires 24-acre industrial site in Barnsley
A new 24-acre industrial site in Barnsley has been acquired by Firethorn Trust as the real estate investor continues to grow its UK logistics portfolio.
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NAV rises at Warehouse REIT
Warehouse REIT has posted a sharp rise in net asset value (NAV) and revenue for the six months to the end of September.
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Sirius enters UK market with £245m BizSpace takeover
German property investor Sirius Real Estate has entered the UK market after agreeing a £245m deal to buy Helix Investments, the holding company of UK operator BizSpace.
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Chancerygate secures planning for Wigston industrial scheme
Chancerygate has secured planning permission to build 127,975 sq ft of light industrial and warehousing space in Wigston, near Leicester.
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Tavis House buys Hertfordshire site to develop 80,000 sq ft warehouse space
Tavis House Properties has acquired the former Xylem Water Solutions Unit in Hoddesdon, Hertfordshire for £9.1m.
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Urban Logistics continues acquisition spree
Urban Logistic has paid £29m for three assets of three assets around the UK.
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Industrials REIT buys three assets for £18m
Industrials REIT, the group formerly known as Stenprop, has acquired three multi-let estates for £18m.
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East London industrial rents hit record high
An unprecedented surge in demand for industrial floor space has pushed rents up to record levels in the eastern M25 market, research shows.
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Chancerygate acquires Nottingham site for £20m scheme
Chancerygate has acquired a 6.35-acre site in Colwick, Nottingham to speculatively build an industrial scheme with a GDV of £20m.
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LSH expands industrial team in Yorkshire
Lambert Smith Hampton (LSH) has appointed Lauren Swiers to its industrial and logistics agency team as an associate director.
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Bericote gets green light for 784,000 sq ft industrial scheme at former Toys ’R’ Us site
Bericote has received planning consent to speculatively develop 784,000 sq ft of industrial space at the site of the former Toys ’R’ Us in Coventry, Property Week can reveal.
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Rent collection reaches highest level since start of pandemic
The collection of commercial property rents in the UK has hit its highest level since the start of the pandemic.
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Industrials REIT upbeat in latest investor update
Industrials REIT has reported a “strong quarter” for the three months to the end of September in its latest update to investors.
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Savills appoints industrial & logistics associate director
Savills has added to its industrial & logistics team with the appointment of Natasha Ryan, who joins as an associate director.