All Industrial articles – Page 4
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OnlineSEGRO signs up Maersk at East Midlands logistic park
Industrial and logistics giant SEGRO has completed a pre-let deal with Maersk for a new warehouse at SEGRO Logistics Park East Midlands Gateway.
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Online
Blackstone agrees terms of £500m takeover of Industrials REIT
Private equity giant Blackstone is close to securing a £500m takeover deal for Industrials REIT after the companies agreed the terms for a possible cash offer.
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News
HBD and Barnfield JV acquire Preston site for 800,000 sq ft industrial scheme
A joint venture (JV) between developers HBD, part of property group Henry Boot, and Barnfield Group, has acquired a 25-hectare site near Preston, Lancashire, to develop an 800,000 sq ft industrial and logistics scheme, for an undisclosed amount.
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Online
Warehouse REIT sells £54.7m of assets in disposal drive
Warehouse REIT has continued it disposal strategy by selling a further tranche of assets for £54.7m.
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Online
Supermarket Income REIT hits acquisition trail after £430m Sainsbury’s sale
Supermarket Income REIT is targeting up to £250m of acquisitions following the £430.9m sale of its Sainsbury’s portfolio back to the supermarket giant, Property Week can reveal.
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Online
LondonMetric sells five industrial units for £34.8m
LondonMetric Property has exchanged on the sale of five warehouse and industrial assets in two transactions for £34.8m
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News
Wilton Development acquires Stockton site for major industrial scheme
Wilton Developments is set to deliver a major 600,000 sq ft industrial scheme in Stockton-On-Tees after snapping up the 33-acre Dynamo Park.
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Insight
Leading RE’s Tasos Stavrou on opportunities for savvy investors
Rents and demand for US industrial real estate continued to rise last year, but the sector’s sales boom appears to be slowing. Industrial transactions dropped, with interest rates and economic uncertainty the main reasons for a decrease in activity.
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Online
Clarion re-enters UK warehouse market with £52m double acquisition
Fund manager Clarion Partners Europe returned to the UK warehouse market with the acquisition of two distribution warehouses in Peterborough for £52m from Equites Property Fund.
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Online
LondonMetric sells three Midlands industrial estates for £46m
LondonMetric has sold a portfolio of three multi-let industrial estates in the Midlands for £46m.
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Insight
Logistics sector outlook
Last month, delegates at the sixth annual Logistics Spotlight Event hosted by event partners Tritax Symmetry, Savills, Analytiqa and Property Week met to discuss the sector’s ambitious ESG goals, rising costs and political uncertainty.
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News
Final unit let at Sandown industrial development
The 65,000 sq ft Equus development at Sandown Industrial Park in Esher, Surrey, is now fully let, after Advanced Logistics for Aerospace (ALA) took the final unit.
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News
Green light for JV’s 117,000 sq ft Battersea SME hub
A joint venture (JV) between developer The Linton Group and asset manager Henika Group has been given the go-ahead to develop a 117,165 sq ft co-working hub in Battersea, south London.
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Online
High shed take-up giving way to sector rebalancing, says LSH
UK industrial and logistics take-up of 60.5m sq ft in 2022 fell short of 2021’s figure, but was still the second highest year on record, according to the latest report from Lambert Smith Hampton (LSH).
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News
Barratt Developments invests £45m in timber plant to hit sustainability targets
Housebuilder Barratt Developments is to open a £45m timber factory to double the annual number of homes built using timber frames from 3,700 last year to around 8,000.
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News
EDC and Stoford given greenlight for £300m Bristol logistics scheme
Real estate investment and development firm Epta Development Corporation (EDC) and developer Stoford have received planning permission for a £300m GDV, 2m sq ft logistics scheme in Bristol, Property Week can reveal.
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Online
LXi agrees £150m of new lending
LXi REIT has agreed a £150m loan and an extension to its existing £60m HSBC facility as part of its refinancing strategy.
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Insight
Potter Spaces’s Jason Rockett on how the small to mid-box sector can harness green power
Over the past few years, the requirements placed on industrial and logistics (I&L) warehouse-space providers to implement sustainability strategies have been immense. But what was once arguably regarded as a burden has developed into an opportunity.
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News
Elanders signs for £4.6m Newcastle unit
Global supply chain, printing and packaging specialist Elanders has signed a 10-year lease for a speculatively built £4.6m industrial unit at Tyne Tunnel Trading Estate, near Newcastle upon Tyne.
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Insight
Sentiment shifts in the I&L sector
Respondents to Property Week, Savills and Tritax Symmetry’s sixth Industrial and Logistics Census are generally more pessimistic than in previous years, but demand for decent, energy-efficient warehouse space remains strong.
