All Industrial articles
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NewsSEGRO profits surge to £140.4m from e-commerce take-up
Shed developer SEGRO has posted a 6.5% increase in adjusted pre-tax profit to £140.4m in its half year results ending 30 June compared to £131.8m in H1 2019.
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News
Staples seeks lease assignment on 528,000 sq ft Corby warehouse
Office supply retailer Staples is looking for a lease assignment on a 528,000 sq ft warehouse it rents in Corby.
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Online
Polar Speed signs 15-year lease at The Hub, Birmingham
Polar Speed has signed a 15-year lease for a 100,529 sq ft warehouse and transportation hub at industrial and distribution park The Hub in Birmingham.
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Online
GLP leases 90,000 sq ft unit at G-Park Northampton to SF Express
Logistics investor and developer GLP has let a 90,000 sq ft unit at its G-Park Northampton site to SF Express.
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Harworth secures planning consent for 1.1m sq ft industrial scheme
Harworth Group has received planning consent for 1.1m sq ft of industrial space across 95 acres of land to be developed in the next two phases of its Gateway 36 scheme.
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JR Capital and Chancerygate snap up £10.4m Northampton industrial portfolio
JR Capital and Chancerygate’s £100m multi-let industrial fund have bought a portfolio of five industrial assets in Northampton for £10.4m.
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Ex-Amazon heads to lead new European industrial development company
Two ex-Amazon heads of Europe are to lead Scannell International, a new European industrial real estate development company created by American industrial developer Scannell Properties.
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Online
Pets at Home unveil plans for national storage and distribution
Pets at Home has signed for a 670,000 sq ft national storage and distribution centre in Staffordshire.
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ArrowXL takes 85,000 sq ft at Enfield Distribution Park
Home delivery specialist ArrowXL has agreed a 10-year lease with asset manager Aberdeen Standard Investments (ASI) for an 85,000 sq ft unit at Enfield Distribution Park in north London
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125,000 sq ft Rotherham distribution warehouse brought to market
A 125,000 sq ft Rotheram distribution warehouse let to logistics provider Carlton Forest Group has been brought to market seeking offers exceeding £4.55m.
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Prologis to let 535,000 sq ft warehouse for NHS PPE storage
Prologis is to let the 535,000 sq ft DIRFT DC535 warehouse in Rugby to Supply Chain Co-ordination Limited (SCCL) on a five-year lease for the storage and distribution of personal protective equipment (PPE), Property Week can reveal.
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SEGRO arranges £410m US private placement debt issue
SEGRO has arranged a private placement of £410m 12-year, 15-year and 20-year senior unsecured notes with a group of US institutional investors.
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Online
Foresight Capital Management launches new sustainability fund
Foresight Capital Management has launched a fund which will invest into listed, liquid real estate investment trusts (REITs).
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Online
Stenprop ends quarter with flurry of e-commerce lettings
Stenprop saw a flurry of letting activity towards the end of its April-June quarter as e-commerce surged and the UK’s lockdown restrictions started easing.
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Online
CBRE and Hollis Hockley appointed by Frasers to advise on 3.5m sq ft business park leasing
CBRE and Thames Valley agent Hollis Hockley has been appointed by Frasers Property UK to advise on the leasing of six business parks totalling 3.5m sq ft.
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Online
McKay Securities collects 74% of June quarterly rent
McKay Securities collected 74% of rent for the June quarter, rising to 92% on receipt of income from agreed monthly and deferred payment plans.
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Prologis lets Rugby shed to XPO/Amazon
376,000 sq ft warehouse for Amazon is latest in string of deals for online retailer
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Stenprop purchases Norwich industrial estate for £19.6m
Multi-let industrial firm Stenprop has acquired 16-acre Bowthorpe Park Industrial Estate in Norwich from Blackrock Industrial Trust for £19.6m, reflecting a net initial yield of 6.35%.
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Two funds loan £15m for 1.4m sq ft Derbyshire logistics project
The South Yorkshire Pension Fund and the SCR JESSICA Fund have provided a £15.25m joint loan to a JV for a 1.4m sq ft logistics and manufacturing site in Bolsover, Derbyshire.
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St. Modwen posts £134.5m half year loss
Regeneration developer St. Modwen has reported a £134.5m loss for its six months’ results ending 31 May, stemming from the revaluation of almost half of its Welsh sites.
