Industrial news – Page 8
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NewsWrenbridge & Bridges get green light for 700,000 sq ft of net-zero carbon logistics space
A joint venture between Wrenbridge and Bridges Fund Management has secured planning permission to develop 700,000 sq ft of net zero carbon logistics space across three locations in the South East, with support from GLP.
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Barings forward funds logistics asset in the North West
Barings, one of the largest diversified real estate investment managers, has completed a deal to forward-fund Omega Business Park in in Warrington, Cheshire, on behalf of it pan-European logistics joint venture.
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Custodian REIT acquires logistics asset in Scotland
Custodian REIT has paid £11.1m for a 91,955 sq ft distribution facility between Glasgow and Edinburgh.
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Harworth posts strong half-year figures
Harworth Group has posted a sharp rise in net asset value (NAV) and profit in the six months to the end of June.
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Chancerygate submits plans for 98,000 sq ft of industrial space in Nottingham
Warehouse developer Chancerygate has submitted plans to build 98,000 sq ft of trade-counter, urban logistics and industrial space in Colwick, Nottingham.
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Caddick secures funding for Leeds logistics scheme
Caddick Group has secured £49.3m funding to develop a 300,000 sq ft of logistics space at Leeds Valley Park on the outskirts of Leeds.
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Chancerygate and Bridges join forces on Cheshire industrial deal
A joint venture between Chancerygate and Bridges Fund Management has acquired a 7.85-acre site in Adlington, Cheshire, to speculatively develop 165,000 sq ft of Grade A industrial and warehousing space.
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LAP reveals 17% rise in NTA in half-year figures
London & Associated Properties (LAP) has posted a 17% rise in net tangible assets (NTA) over the first half of it financial year.
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LAP refinances industrial and retail portfolio
London & Associated Properties (LAP) has refinanced an industrial and retail property portfolio with a new five-year £13.6m loan from Qatari bank QIB.
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Warehouse REIT sees ‘strong’ outlook for logistics despite headwinds
Urban and last-mile logistics specialist Warehouse REIT has told investors that the group’s confidence “remains strong” despite the “challenging macroeconomic backdrop”.
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Fiera Real Estate and Wrenbridge acquire Hemel Hempstead site
Fiera Real Estate and Wrenbridge have announced the acquisition of a 2.3-acre site in Hemel Hempstead, with a plan to develop a new 52,000 sq ft grade-A industrial warehouse unit.
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Panattoni secures consent for Rotherham big-box scheme
Shed developer Panattoni has secured planning consent for 710,000 sq ft of speculative logistics development in Rotherham, South Yorkshire.
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Tungsten and BC Partners form £250m industrial JV
Warehouse developer Tungsten Properties has signed a £250m industrial joint venture (JV) with investment firm BC Partners.
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Tritax reveals robust half-year figures
Tritax Big Box REIT has posted a 9% rise in net tangible assets (NTA) during the six months to the end of June.
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Melburg snaps up 110,000 sq ft Bekaert HQ in off-market transaction
Melburg Capital (Melburg) has announced the acquisition of the Bekaert manufacturing HQ, a 110,000 sq ft industrial asset located on Park House Road, Bradford, in an off-market transaction.
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Custodian REIT sells Milton Keynes industrial unit for £8.5m
Regional specialist Custodian REIT has sold a 44,187 sq ft warehouse and distribution unit in Milton Keynes for £8.5m.
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Bloom and Angelo Gordon purchase Park Royal industrial estate
Urban industrial developer Bloom and investor Angelo Gordon have purchased a prime industrial estate in Park Royal, west London, from Schroders Capital for an undisclosed amount.
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Griffen secures £110m loan for 1.9 million sq ft logistics assets
Griffen UK has landed a £110m investment loan from Deutsche Bank, secured against two UK logistics assets totalling 1.9 million sq ft.
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Industrials REIT sees rent leap for FY23 start
Industrials REIT saw its average rent increase by 27% at renewal or upon new letting.
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East Midlands tops boom for shed building
Exclusive Savills data shows 16.5m sq ft of warehouse space over 100,000 sq ft is under construction in England. Andy Hillier reports
