All Industrial articles – Page 10
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Insight
Commit to delivering biodiversity net gain
Biodiversity net gain (BNG) legislation, which was due to come into force next month, has now been delayed until January. The legislation requires property developers to deliver a minimum 10% BNG to help protect and enhance the nature on the land they are developing. But why is this legislation important?
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Insight
All things great and small: Interview with Tritax Big Box partner Petrina Austin
Tritax Big Box specialises in owning and managing large warehouses. So, why has the REIT started snapping up smaller logistics sites? Andrew Saunders quizzes partner Petrina Austin on its strategy.
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Insight
Be up front about fire risk
An industrial multi-tenant property is only as safe as the riskiest tenant.
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Insight
Make infrastructure and I&L central to reform, BPF urges
The British Property Federation is proposing a new strategic planning framework to sit alongside the NPPF.
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News
HBD submits plans for £35m-GDV west Lancashire shed
Developer HBD, part of Henry Boot Group, has submitted a planning application for 245,000 sq ft of industrial and logistics space in a £35m-GDV scheme in west Lancashire.
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Online
SEGRO reveals strong rental growth over first nine months of 2022
SEGRO has reported strong rental growth for the year to date and a positive outlook on the back of an active asset management programme.
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Online
Investec provides £80m loan for Norton’s Suffolk distribution centre
Investec Real Estate has provided Norton Group with an £80m financing package to fund the development of a distribution centre in Suffolk.
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Online
Sandyford secures £20m Barclays debt facility in drive to double portfolio
UK multi-let industrial property company Sandyford Properties has secured a £20m, five-year revolving credit facility with Barclays to fund acquisitions, as the group looks to more than double its portfolio over the next five years.
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Online
Tritax Big Box REIT agrees £500m RCF
Logistics group Tritax Big Box REIT has agreed a £500m sustainability-linked unsecured revolving credit facility (RCF) with a syndicate of its existing relationship banks and new lenders.
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News
Chancerygate acquires Manchester site for £15m I&L scheme
Developer Chancerygate has acquired a 2.3-acre site in east Manchester to speculatively build a £15m 59,500 sq ft grade-A urban logistics and industrial scheme.
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News
Investment activity gains momentum despite weak Q3 volumes
Investment activity in UK commercial property has improved in Q3 – despite a slip to a three-year low, according to Lambert Smith Hampton’s latest UK Investment Transactions (UKIT) report.
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News
Property portfolio valuation dips at Schroder European REIT
Schroder European REIT (SERE), which invests in real estate in European growth cities, has announced a 1.9% fall in the value of its direct property portfolio, to €214.1m (£185.5m), over Q3.
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News
£50m investment deal kickstarts Phase II of fertiliser manufacturing plant in Yorkshire
Commercial developer Horncastle Group and crop inputs manufacturer Yara International have agreed an investment deal, representing over £50m, to deliver the UK’s largest fertiliser manufacturing plant in Yorkshire.
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News
Howdens signs 15-year lease at West Yorkshire business park
FTSE 100-listed fitted kitchens provider Howdens has signed a 15-year lease at Caldene Business Centre in West Yorkshire.
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News
Warehouse REIT sells two warehouses for 30% above book value
Warehouse REIT has sold two warehouses in Cardiff and on the Isle of Wight for £9.5m, 30% ahead of their combined book value at the end of March, reflecting a 6% average net initial yield.
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News
LXi REIT cheered by ‘green shoots’ despite reporting valuation fall in trading update
LXi REIT pointed to “green shoots emerging” as it reported a fall in the value of its property portfolio from £3.36bn on 31 March to £3.19bn on 30 September.
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News
Sirius Real Estate’s UK rent roll exceeds £50m for first time
Industrial park owner and operator Sirius Real Estate’s UK rent roll has exceeded £50m for the first time, buoyed by a record sales month in September.
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News
Godwin Developments snaps up 54-acre site for new employment hub
Godwin Developments has exchanged undisclosed contracts with a consortium of landowners on a 54-acre site in Daventry, Northamptonshire, which it plans to transform into an employment hub.
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Online
British Land secures planning permission for south London logistics hub
British Land has secured planning consent for a 140,000 sq ft, multi-level last-mile logistics scheme in Southwark, south London.
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News
Bis Henderson merges consultancy and space arms to form Visku
Supply chain consulting and warehouse specialist Bis Henderson has merged its consultancy and space businesses and rebranded them as Visku, forming a £70m revenue business with over 16m sq ft of warehouse space.