Industrial news – Page 34
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OnlineShed investment for 2021 has already beaten 2020 as yields hit 3.25%
Investment volumes for industrial and logistics space have reached a total of £10.8bn so far this year, already surpassing 2020’s total of £10.2bn and driving prime yields down to 3.25%, according to Savills.
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OnlineBarwood Capital and Premcor team up to buy Nottingham industrial site
Barwood Capital’s Growth Fund IV with Premcor Estates has purchased Firth Way at the Blenheim Industrial Estate in Bulwell, Nottingham.
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OnlineM1 Agency agrees 60,000 sq ft warehouse letting
Acting on behalf of Meridian Lightweight Technologies, M1 Agency has agreed the sub-lease of a 60,000 sq ft warehouse on Castlewood Business Park in Nottingham to Vaillant Group.
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OnlineNew letting for Sixteen Real Estate
Sixteen Real Estate has announced the letting of Unit 506 on Phoenix Close Industrial Estate in Heywood, Greater Manchester, less than one week from launching the property to the market.
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NewsSEGRO completes 14-acre shed site buy
SEGRO has completed the acquisition of a 14-acre industrial estate in Belvedere, south-east London.
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NewsFirethorn gets go ahead for speculative Cheshire scheme
Firethorn Trust has been given the go ahead to speculatively develop 700,000 sq ft of warehousing space in Cheshire.
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NewsBGO and Mulberry to deliver 1.1m sq ft of shed space for Eddie Stobart
BentallGreenOak (BGO) and Mulberry Developments have teamed up to deliver 1.1m sq ft of logistics space for Eddie Stobart in Doncaster.
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OnlineInvestcorp acquires two industrial assets for £15.5m
Investcorp has acquired two industrial assets in Scotland and the West Midlands for a total of £15.5m.
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OnlineBMO REP acquires two assets for £19.4m
BMO Real Estate Partners, the asset management arm of BMO Global Asset Management, has bought a Heathrow industrial property and retail warehouse scheme in Banbury, Oxfordshire in an off-market transaction for £19.4m.
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NewsBridge Industrial makes two hires in its UK team
US-based industrial developer Bridge Industrial has hired two people to its UK team, Property Week can reveal.
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OnlineI&L sector on track for record-breaking year
Take-up in the UK industrial and logistics sector is on track for a record-breaking year, according to the latest data from Knight Frank.
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NewsPicton acquires Gloucester multi-let industrial estate
Picton has acquired Madleaze Trading Estate in Gloucester for £13.1m.
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OnlineSEGRO and Schroders complete industrial and warehousing swap
SEGRO and Schroders have completed a property swap on industrial and warehouse assets.
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NewsESB appoints Savills to market 51 acres of land in Yorkshire
ESB has appointed Savills to market 51 acres of land in Knottingley, West Yorkshire.
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OnlineInvestcorp acquires £32.6m of UK industrial assets
Investcorp has acquired seven UK industrial assets for £32.6m from Custodian REIT.
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OnlineL&G industrial fund spends £16.5m on London industrial site
Legal & General’s Industrial Property Investment Fund has acquired a 1.4-acre warehouse unit for £16.5m in South Bermondsey, London.
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OnlineBradford set for new work and homes scheme on 180-acre waterworks site
Bradford City Council has given the green light to Yorkshire Water and sister company Keyland Developments to develop a sustainable industrial and residential scheme on 180 acres of redundant land around the Esholt wastewater treatment works in Bradford.
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NewsAprirose buys 673,000 sq ft Doncaster glass manufacturing facility
Aprirose has bought a 673,000 sq ft glass manufacturing facility in Doncaster in an off-market deal.
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NewsTrebor acquires 10-acre site for shed scheme
Trebor Developments has acquired 10 acres of land from St John’s College in Huntingdon, Cambridgeshire, for an industrial scheme.
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NewsCromwell and APAM dispose of Slough business park for £28.1m
Cromwell Property Group and Catella APAM (APAM) have jointly sold Wexham Springs business park to an undisclosed buyer for £28.1m, reflecting a 2.89% yield.
