Industrial news – Page 5
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NewsBridge Industrial recruits analyst to UK team
US-based industrial developer Bridge Industrial has appointed Leigh Robinson as an analyst to its UK team.
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Chancerygate and Bridges buy Leeds site to deliver £31m shed scheme
A joint venture between Chancerygate and Bridges Fund Management has acquired a site in Leeds to speculatively develop an industrial scheme with a gross development value of £31m.
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Urban Logistics raises £108m through share placing
Urban Logistics REIT has raised £108m in a share placing.
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Lush takes Dorset shed space to treble size of recycling hub
Lush has expanded its logistics presence at Fleets Corner business park in Poole, Dorset by letting a recycling hub three times the size of its previous one.
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Nissan leads the charge as UK gears up for gigafactory boom
Car manufacturer teaming up with Envision AESC to build £450m car battery gigafactory at Sunderland’s IAMP.
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Stenprop acquires Wigan trading estate for £20.6m
Stenprop has purchased Bradley Hall Trading Estate in Wigan from HIMOR Property for £20.6m, reflecting a net initial yield of 6.43%.
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LondonMetric lets 260,000 sq ft of urban logistics in Bedford and Northampton
LondonMetric Property has let 260,000 sq ft of space across two units each on 15-year lease terms with 10 years to break.
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Network Space secures first letting at Woodhouse Link
Network Space has secured its first letting at its speculative Woodhouse Link development, located close to M1 Junction 31 in Sheffield.
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Online
Plans submitted for £50m Dagenham industrial development
Credit Suisse Asset Management Global Real Estate, in a joint venture with Chancerygate and Hines, has submitted its plans to develop a 172,169 sq ft industrial development in Dagenham.
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HBD acquires £6.2m site in Welwyn Garden City
HBD has acquired a three-acre brownfield site for £6.2m in Welwyn Garden City as part of its £1.4bn expansion pipeline.
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Online
Shed take-up reaches record high in first six months of year
UK take-up of industrial and logistics space has again hit record levels in the first half of 2021, according to a new report.
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Irish real estate investment leaps 170%
Investment in the Irish real estate sector has leapt 170%, Savills data has revealed.
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Caddick gets green light for 300,000 sq ft Leeds shed scheme
Caddick Developments has received planning permission to develop 300,000 sq ft of warehouse space in Leeds.
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ASI scores with Rugby shed buy in Oldham
Aberdeen Standard Investments (ASI) has bought a warehouse scheme in Oldham from Cantt Pak, Property Week can reveal.
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UK sees a shed spec development boom
A number of developers are ploughing ahead with their aggressive speculative development plans as demand for logistics space continues to outstrip supply across some parts of the country.
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Nissan to develop £450m gigafactory in Sunderland
Nissan has revealed plans to develop a £450m gigafactory in Sunderland.
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Strong demand continues to drive up industrial land values
Industrial land values in the UK climbed by 6.8% in the 12 months to June 2021, as investors continued to snap up shed space, according to data from Carter Jonas.
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Crestbridge to sell Aylesford shed for £21.6m
Crestbridge has instructed Savills to sell Unit 1 at Aylesford Commercial Park near Maidstone in Kent for £21.6m, which would reflect a net initial yield of 3.5%.
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M&S in Bristol shed talks
Mountpark is in talks to let a 360,000 sq ft warehouse near Bristol to Marks Spencer.
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Urban Logistics seeks main market listing via fundraising
Urban Logistics is targeting a premium listing on the main market of the London Stock Exchange via a fundraising of up to £108m.
