Industrial news – Page 33
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NewsSEGRO snaps up Stratford site
SEGRO has bought a 1.7-acre site in Stratford, east London in an off-market transaction.
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OnlineUrban Logistics seeks investor approval for move to main market
Urban Logistics has revealed further details of its plan to move from AIM to the main market.
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NewsYork Gin signs for new distillery at Quad
York Gin has signed a 10-year lease on the last unit at Evans Property Group’s Quad development at York Business Park to create a new distillery.
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NewsPrologis buys out JV partner on £450m life sciences scheme
Prologis has bought out its joint venture partner on a Cambridge life sciences scheme with a GDV of £450m.
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NewsUrban Logistics collects nearly all rent amid plans to list on main market
Urban Logistics REIT said it has collected over 99% of rent for its half year ended September 30 as it revealed plans to list on the main market of the London Stock Exchange.
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NewsARA Dunedin and Partners Group form £250m UK sheds JV
ARA Dunedin and Partners Group have joined forces to acquire a UK industrial and logistics portfolio with a gross asset value of £250m.
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NewsAvignon and Valon to build German portfolio
The partnership aims to build a €500m portfolio of industrial, logistics and office assets.
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NewsUK industrial sector on track for a record year of investment
The UK industrial and logistics sector is on track to post its strongest-ever year of investment activity, according to exclusive real estate investment data from JLL.
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NewsCommercial property investment in Scotland generates £1.2bn in 2021
Commercial property investment volumes in the first three quarters of 2021 generated £1.2bn, 21% higher than volumes recorded across the same period last year, according to data from Knight Frank.
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NewsUrban Logistics snaps up two assets for £15m
Urban Logistics has acquired two logistics assets for £15m, reflecting a 6% net initial yield.
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NewsAprirose Fedex shed deal signed, sealed and delivered
Aprirose has expanded its logistics portfolio with the acquisition of a warehouse in Aberdeen, Scotland, let to Fedex for 15 years.
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NewsBiffa sublets 208,000 ft at Fraser Place
Kammac has taken 208,000 sq ft at Biffa’s Fraser Place in Electric Park at Manchester’s Trafford Park industrial estate.
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OnlineSEGRO provides positive update
Industrial property giant SEGRO has reported strong rent roll growth since the beginning of July, following what it called “a busy period of lettings and the continued capture of reversionary potential”.
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NewsNetwork Space completes £1.5m industrial purchase
Network Space Investments has completed an off-market purchase of a single-let industrial building at South Lancs Industrial Estate, Makerfield, for £1.5m.
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NewsDHL takes 1m sq ft at Axis J10 logistics park
DHL has signed for 1m sq ft of space across two units at Albion Land’s Axis J10 logistics park at junction 10 of the M40 between Bicester and Banbury.
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OnlineSt George and SEGRO enter JV on industrial development in Brent
Berkeley Group’s St George and industrial giant SEGRO have formed a 50:50 joint venture on their first urban multi-storey industrial development in the UK.
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NewsL&G fund buys Oxford trade park for north of £20m
Eskmuir Properties has sold Nuffield Trade Park in Oxford to Legal & General’s Industrial Property Investment Fund (IPIF) for in excess of £20m.
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OnlinePlans submitted for 500,000 sq ft employment scheme in Wakefield
Keyland Developments has submitted a planning application to Wakefield Council for an employment scheme of up to 500,000 sq ft on a 54-acre Wakefield East site in West Yorkshire.
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OnlineLondonMetric spends £20.2m on London logistics assets
LondonMetric Property has paid £20.2m for two last-mile logistics assets in London.
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NewsUK logistics vacancy rate hits all-time low
The UK logistics sector vacancy rate has fallen to an all-time low of 1.53%, CBRE has revealed.
