Industrial news – Page 39
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NewsTesco Pension Fund backs Stoford’s Pets at Home shed in near £100m deal
Tesco Pension Fund has forward funded Stoford’s development of a Staffordshire Pets at Home warehouse in a deal that Property Week understands is worth close to £100m.
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NewsMorrisons takeover deal fees to hit a reported £312.5m
The £6.3bn takeover of Morrisons by American investment firm Fortress could mean a £312.5m payday for the bankers and advisers working on the deal.
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NewsShed investment sees Harworth’s EPRA NDV ‘materially ahead’ of forecast
Harworth has said EPRA NDV as of 30 June 2021 will be materially ahead of the current analyst consensus for 31 December 2021 due in part to part to the buoyancy of the sheds sector.
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OnlineSavills IM fund snaps up four Dublin logistics units
Park Developments has sold four prime logistics units at Northwest Logistics Park in Dublin, Ireland to a fund managed by Savills Investment Management for around €47.9m (£41m).
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NewsAmazon looks set to ink record number of shed deals in 2021
Savills data reveals the ecommerce giant has signed 18 letting deals so far this year and more are in the pipeline
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NewsPrinter Hague Group buys Wakefield warehouse amid expansion
Yorkshire printing company Hague Group has acquired a warehouse in Normanton, near Wakefield in Yorkshire.
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NewsCBRE GI acquires Nimbus Park
CBRE Global Investors has acquired Nimbus Park, a logistics asset near Doncaster, South Yorkshire, from Sladen Estates and AIG.
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NewsRegional REIT offloads shed portfolio for £45m
Regional REIT has sold an industrial property portfolio to ARA Dunedin for £45m, reflecting a net initial yield of 6.75% and 7.5% above its December 2020 valuation.
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OnlineHydrogen energy company takes Doncaster shed
A hydrogen energy company has sublet Unit D, a 30,000 sq ft mid-box warehouse at the Parkside Industrial Estate on Wheatley Hall Road in Doncaster.
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OnlinePanattoni lets speculatively developed 514,000 sq ft logistics site to JD Sports
Panattoni has let 514,000 sq ft of logistics space to sports fashion retailer JD Sports at its speculatively developed facility at Derby.
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NewsOrchard Street’s Nimbus Park fully let after trio of shed lettings
Orchard Street Investment Management’s Nimbus Park industrial estate in Dunstable is now fully let following a trio of lettings, Property Week can reveal.
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NewsChancerygate acquires Oldham site for £16m spec shed scheme
Chancerygate has acquired plot 3000 at Broadway Green in Chadderton, near Oldham, to speculatively develop a warehouse scheme with a gross development value of around £16m.
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OnlineSEGRO sells Italian warehouse portfolio
SEGRO has sold a portfolio of six Italian urban warehouses for €127.5m (£108.9m) to AXA IM Alts, on behalf of clients.
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OnlineWarehouses overtake supermarkets in retail volumes battle
Retail warehouses have emerged as the most attractive retail sector for investors in the first half of 2021, overtaking supermarket investment volumes.
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OnlineDemand for logistics space in Ireland picks-up in Q2 2021
Demand for logistics space in Ireland was 22% higher in Q2 2021 compared with the same period in 2020, according to data from Savills.
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NewsTwo big schemes set to boost West Sussex warehouse stock
Redevelopment schemes in Worthing and Crawley will add almost 500,000 sq ft of new space to the market
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NewsIndustrial sector seen as the ‘forgotten man’
Developers and landlords frustrated with government over planning white paper
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NewsASI snaps up Amazon-occupied Orpington warehouses in £50m deal
Aberdeen Standard Investments (ASI) has bought a pair of warehouses in Orpington, Kent, both let to Amazon, for a price understood to be around £50m.
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NewsBridges and Barwood buy Bracknell ice rink for urban logistics shed
Bridges Fund Management and Barwood Capital have snapped up the vacant John Nike Leisuresport Ice Rink in Bracknell to develop into a £20m urban logistics scheme.
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NewsBridge Industrial bags pair of London sites
Bridge Industrial has snapped up two sites in London with plans to develop 100,000 sq ft of industrial space.
