Industrial
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OnlineTritax raises £250m to fund db Symmetry deal
Tritax Big Box REIT has raised £250m from its latest share issue to fund the acquisition of an 87% share in db Symmetry.
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News
Ocado starts search for new warehouse after Andover fire
Ocado has launched a requirement for a new distribution centre following the fire at its Andover scheme on Tuesday, Property Week can reveal.
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Online
Aviva forward purchases £50m Orpington Gateway scheme
Aviva Investors has completed the forward purchase of the Orpington Gateway development in South East London, which has a gross development value of £50m.
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Insight
Industrial boom to continue in 2019
While uncertainty around Brexit continues, in the industrial and logistics sector we are witnessing almost record levels of take-up as occupiers compete to future-proof their supply chains.
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Online
Segro goes to the chocolate factory for new director
Segro has appointed Mary Barnard as an independent non-executive director.
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Online
St Modwen spends £10m stockpiling materials ahead of Brexit
St Modwen has revealed plans to tackle the possible impacts of Brexit, including splashing out £10m to forward order materials and focusing on home sales at the beginning of 2019.
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Online
St Modwen posts NAV and profit rise following portfolio shift
St Modwen has posted a 4.3% rise in net asset value (NAV) after a year in which it refocused its portfolio with £529m of disposals.
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Online
Panattoni set for Basildon logistics scheme
Panattoni, the global industrial developer, is embarking on a £21m redevelopment of the former Kongsberg Automotive Plant in Basildon.
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Online
Warehouse REIT buys Glasgow Air Cargo Centre for £11m
Warehouse REIT, the AIM-listed specialist warehouse investor, has paid £11.1m for the Air Cargo Centre at Glasgow International Airport.
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Markets
UK buyers drive 12% leap in East Midlands industrial deals
UK REITs made string of big deals in 2018.
