Industrial news – Page 37
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NewsEuropa and Cromwell launch logistics JV
Europa Capital and Cromwell Property Group have launched a German logistics joint venture with a target gross asset value of €150m.
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OnlineFirethorn Trust acquires 21-acre Peterborough logistics site
Firethorn Trust has acquired Peterborough South, a 21-acre site speculative logistics site at Kingston Park in Hampton from O&H Properties.
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OnlineWorks begin at York business park
Work has begun on a 30,000 sq ft industrial and warehouse business park in Monks Cross, York.
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OnlineStoford pre-lets Worcester warehouse to flooring company
Stoford has pre-let a 180,121 sq ft unit at Worcester Six Business Park to Alliance Flooring Distribution.
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NewsParish council in Basingstoke challenges 2.3m sq ft Amazon shed permission
A parish council in Basingstoke has presented a legal challenge to the planning permission for a 2.3m sq ft warehouse pre-let to Amazon.
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NewsShed investment in 2021 hits record-breaking £7bn
Investment in the industrial and logistics property sector for this year has already hit a record-breaking £7bn – eclipsing the previous record of £4.7bn for the whole of last year.
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OnlineJaynic appointed as promotion partner for 39-acre Cambridge site
Jaynic has been appointed as a land promotion partner for a 39-acre site at Boxworth Road junction with the A14 to the south of Cambridge Services, Property Week can reveal.
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OnlineStenprop purchases six industrial estates for £15.9m
Stenprop has acquired, in separate transactions, Whitacre Industrial Park in Huddersfield and a portfolio of five multi-let industrial estates located across the UK for a total of £15.9m.
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NewsBericote and Tritax secure 450,000 sq ft IKEA pre-let in Dartford
Bericote and Tritax Big Box REIT have pre-let their 450,000 sq ft unit in Dartford to IKEA, Property Week understands.
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NewsCBRE GI acquires South Yorkshire industrial park unit
CBRE Global Investors has bought Unit 2 at Enterprise 36 industrial park, in South Yorkshire, from Barmston Developments.
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NewsWarehouse REIT buying spree increases portfolio to 8.5m sq ft
Warehouse REIT, an AIM-listed specialist warehouse investor, has increased its portfolio to 8.5 million sq ft and completed 20 lettings, in a trading update covering the period since 25 May.
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OnlineRedde Northgate leases Peterseat Park unit
Mobility solutions and automotive services provider Redde Northgate has leased a unit at Peterseat Park, Altens, in Aberdeen.
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NewsBridge Industrial acquires fourth site since London office opening
US-based developer Bridge Industrial has acquired its fourth site since opening its London office in November last year, Property Week can reveal.
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OnlineMemorial service to be held for Avison Young’s Peter Keir
A memorial service is to be held for Avison Young’s Peter Keir, who passed away in April last year.
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OnlinePlans submitted for £30m Edinburgh logistics scheme
Chancerygate and Bridges Fund Management have teamed up to submit plans for a 146,745 sq ft, grade A logistics scheme at Bankhead Avenue, Sighthill, Edinburgh.
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OnlineAEW UK REIT offloads two warehouse assets
AEW UK REIT has sold two industrial assets, units 16 and 16A at Langthwaite Industrial Estate in South Kirkby and Wella Warehouse in Basingstoke, for £16.7m.
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OnlineMileway makes trio of Yorkshire industrial purchases
Mileway has acquired three industrial assets in Yorkshire for £6.4m.
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OnlinePictet and Marchmont snap up Titan industrial portfolio
Pictet Alternative Advisors and Marchmont Investment Management have acquired the Titan Portfolio of 16 industrial and logistics assets for around £132m from mandates managed by AEW UK Investment Management.
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NewsAmount of industrial space due to complete plunges
The amount of UK industrial space forecast to be completed this year has fallen significantly and is expected to fall further as the materials shortage hits both speculative and built-to-suit warehouse development.
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NewsAberdeen Standard European Logistics Income’s gross assets exceed €500m benchmark
Aberdeen Standard European Logistics Income’s gross assets have exceeded the €500m (£426m) benchmark as its portfolio valuation nudged up by 1.9% for the quarter ended 30 June 2021.
