All Industrial articles – Page 15
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News
Industrials REIT takes 4,300 sq ft at Stockport Exchange
Stockport Council and developer Muse have signed a deal with multi-let specialist Industrials REIT, which will take 4,327 sq ft at business district Stockport Exchange.
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St. Modwen acquires 170,000 sq ft Hatfield warehouse for £50m
Logistics manager and developer St. Modwen has acquired a 170,000 sq ft cross-docked distribution centre for £50m in Hatfield, Hertfordshire.
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Commercial property values fall -6.8% in October
Capital values decreased by -6.8% across all UK commercial property in October 2022, according to the latest CBRE Monthly Index.
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Warehouse REIT reports resilient trading performance
Asset management and strong occupier demand has underpinned a solid trading performance for Warehouse REIT for the six months ended 30 September 2022.
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Industrial scheme at Scottish distribution hub gets go-ahead
Planning permission has been granted for Orchard Park, an industrial and logistics development at Eurocentral, Scotland’s distribution hub in North Lanarkshire.
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Bloom secures planning for Greenwich ultra-urban development
Planning consent for a sustainable warehouse development in Greenwich, London, has been granted to the ultra-urban industrial investor and developer, Bloom.
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LondonMetric completes £28m of sales
LondonMetric Property has sold two assets for £28.2m, reflecting a blended net initial yield (NIY) of 4.6%.
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Demand for multi-let industrial continues to outstrip supply, Industrials REIT reveals
Demand for multi-let industrial (MLI) continued to outstrip supply for the period 1 July 2022 to 30 September 2022, according to Industrials REIT’s MLI trading update Q2 FY 2023.
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SPPARC to design new masterplan for Chatham Docks
Architecture studio SPPARC has been appointed by manufacturing conglomerate ArcelorMittal Kent Wire to design a new masterplan for Chatham Docks in Kent.
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Online
Profit at M7 Regional E-Warehouse REIT rises despite valuation falls
M7 Regional E-Warehouse REIT saw a dip in net asset value (NAV) during the three months to the end of September.
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Lenders favour ‘crisis-resistant’ prime office and industrial property, report finds
Prime offices and industrial have proven the most “crisis-resistant” and are the property sectors that the most lenders are willing to finance at 95% and 85% respectively, according to the Bayes UK Commercial Real Estate Lending Report.
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Retrofitting can support UK net zero targets, says JLL
A report from real estate consultancy JLL has found that retrofitting offices and industrial buildings can deliver the required energy reductions to support the UK’s 2050 net-zero targets.
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‘High demand’ for space drives new lettings at Urban Logistics
Urban Logistics has told investors it can ride out the economic storm as demand for its assets remains strong.
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Graphic Packaging takes Bristol warehouse
Real estate firm Mileway has let Titan, a newly refurbished 255,686 sq ft distribution warehouse in Yate, Bristol to US firm Graphic Packaging International.
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PLP begins speculative construction of Stafford big box site
Industrial property owner PLP, owned by Ivanhoé Cambridge, Macquarie Asset Management and Peel L&P, has begun developing a 344,478 sq ft speculative logistics unit at Stone Business Park, Stafford.
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Supply shortages continue to boost SEGRO
SEGRO has told investors that its industrial and logistics property portfolio is benefitting from a continuation of limited supply and should “continue to support high levels of rental growth”.
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Online
Grit agrees one of sub-Saharan Africa’s largest real estate loans
Grit Real Estate Income Group has agreed a loan and revolving credit facility for up to $306m (£271m).
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Online
Warehouse REIT strikes above-ERV lettings in Coventry and Plymouth
Last-mile logistics group Warehouse REIT has completed two lettings in Coventry and Plymouth totalling 205,000 sq ft.
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Logistics and industrial sector ‘well placed’ to weather economic storm, claims Cushmans
Occupier demand for UK logistics and industrial space dropped considerably in the third quarter, but remained well ahead of the long-term average, according to data from Cushman & Wakefield.
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BlackRock and NEAT lodge plans for £800m stacked industrial development
BlackRock Real Assets and NEAT Developments have submitted plans for an £800m stacked industrial-led development at Blackhorse Lane in north-east London.