Industrial news – Page 4
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LondonMetric buys Doncaster warehouse for £21.2m
LondonMetric has completed the acquisition of a long-let distribution warehouse in Doncaster for £21.2m.
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Panattoni gets green light for £700m Honda Swindon redevelopment plan
Swindon Council has fully approved developer Panattoni’s plans to redevelop the former Honda site in Swindon as 11 buildings for use as warehouses and manufacturing sites.
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Council submits plans for 115,000 sq ft eco business park in Cheadle
Stockport Metropolitan Borough Council has submitted plans for a 115,000 sq ft eco business park in Cheadle, Greater Manchester.
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Savills picks North West buy-to-let and London warehouses as top performers in 2024
Buy-to-let (BTL) residential properties in the North West and London industrial and retail warehouses will be the top-performing property subsectors of 2024, according to Savills.
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Wilson Bowden gets green light for major Infinity Park Derby expansion
Developer Wilson Bowden has secured outline planning permission for a major expansion of Infinity Park Derby.
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Fiera and Cubex agree £9.4m development facility with Alpha Property Lending
Fiera Real Estate UK and Cubex have agreed a £9.4m development facility with Alpha Property Lending to part-fund the construction of its grade-A 94,000 sq ft logistics scheme, Swindon Trade Park.
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West London Pasadena Distribution Centre let to Panalux
Royal London Asset Management Property has let Pasadena Distribution Centre in Hayes, west London, to film and television lighting equipment specialist Panalux.
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HBD submits plans for 454,000 sq ft business park expansion in Luton
Property developer HBD, part of Henry Boot Group, has submitted an outline planning application for the next phase of Luton’s Butterfield Business Park with an additional 454,000 sq ft of new employment space.
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St Modwen completes Gatwick warehouse leased by DHL
Developer St Modwen Logistics has completed the construction of a second warehouse at its Gatwick industrial and logistics park to be leased by German delivery and supply chain firm DHL Group.
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Historic Glasgow factory to be transformed into community and creative hub
A former industrial factory in Glasgow is set to be transformed into a community and creative hub after the city council gave the green light for the redevelopment of The Pipe Factory on Bain Street in Calton.
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LondonMetric and LXi REIT in merger talks to create £3.9bn company
LondonMetric Property and LXi REIT have confirmed they are in discussions over a possible all-share merger of the two companies to create a firm valued at £3.9bn.
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Crossbay snaps up four UK I&L assets in £80m move
Crossbay, the pan-European last-mile logistics platform incubated by real estate investor MARK, has added over 500,000 sq ft to its UK portfolio with the acquisition of four assets for a combined total of over £80m.
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Chancerygate and Bridges Fund Management snap up Birmingham site for development
Chancerygate and Bridges Fund Management have acquired a former automotive plant in Birmingham to deliver a 300,000 sq ft industrial and logistics development.
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BARJANE purchases Rugby site for 100,000 sq ft I&L scheme
French industrial and logistics real estate specialist BARJANE has purchased its second UK site for an I&L development – a five-acre plot of land in Rugby ‘s Central Park estate.
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Clearbell sells five assets from Polaris industrial portfolio
Clearbell Capital has sold five industrial assets totalling over 1m sq ft from its Polaris portfolio for a combined total of £24.85m.
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NEAT and BlackRock get go-ahead for £650m Walthamstow industrial and resi development
Property developer NEAT Developments and asset manager BlackRock Real Assets have achieved a resolution to grant planning consent for a mixed-use scheme comprising 355,000 sq ft of stacked industrial space together with 1,800 new homes.
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Tritax EuroBox reports NAV decrease
Net asset value (NAV) at Tritax EuroBox slumped 25% in the year to the end of September as yields moved out across the property sector.
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Valor completes £101m loan on London urban logistics assets
Valor Real Estate Partners has secured a five-year £101m loan from Canada Life Asset Management.
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HBD and Barnfield get greenlight for 800,000 sq ft Lancashire industrial scheme
Developers HBD and Barnfield Group have secured planning permission for an 800,000 sq ft logistics scheme in Preston, Lancashire.
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St Modwen secures £525m lending deal
RBC Capital Markets has agreed a £525m five-year loan to help fund St Modwen’s development pipeline.