All Industrial articles – Page 6
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OnlineNAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
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Midlands industrial take-up down 33% year on year in 2022, says Knight Frank
Industrial take-up fell by a third to 15m sq ft in 2022 from 2021 levels, while investment fell 36% to £2.4bn, according to Knight Frank.
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Harworth takes valuation hit but housebuilder demand remains robust
Harworth Group has said yield movements and “softening macroeconomic conditions” hit valuations in 2022 in an end-of-year update.
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Industrial sector still in strong position despite dip in values
Research suggests the honeymoon period is over, but experts say the sector’s fundamentals remain robust.
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Urban Logistics spends £48m on five last mile assets
Urban Logistics REIT paid out £48m on five acquisitions that include four assets in the Columbia Threadneedle Street Portfolio.
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Safestore posts strong annual figures
Storage giant Safestore has posted strong rises in both revenue and profit for the year to the end of October 2022.
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SEGRO completes its greenest UK development in north London
Development giant SEGRO has completed SEGRO Park Tottenham in north London, its most sustainable scheme in the UK, which has achieved a BREEAM rating of 94%.
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Savills IM appoints Castelein in European urban logistics and industrial push
Savills Investment Management has appointed Evert Castelein as a senior fund manager, as it embarks on a new logistics and industrial strategy in Europe.
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Chancerygate reveals European expansion plan
Urban logistics group Chancerygate has appointed Jason Sharman as European director ahead of an expansion on the Continent.
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SEGRO buys Slough shopping park
SEGRO has paid Royal London Asset Management £120m to acquire the Bath Road Shopping Park in Slough, Berkshire.
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Goodman secures consent to create 1.2m sq ft Luton shed scheme
Developer Goodman Group has secured planning permission to redevelop a 60-acre brownfield site in Luton, Bedfordshire as a 1.2 million sq ft commercial park.
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Merit reveals 43,000 sq ft factory expansion in Northumberland
Offsite engineering and construction firm Merit is to expand its huge Cramlington factory site in Northumberland by an additional 43,000 sq ft as part of its next phase of growth.
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Industrial and logistics take-up in 2022 49% above long-term average
UK take-up of industrial and logistics units over 100,000 sq ft reached 45.73m sq ft in 2022 - 49% above the long-term annual average, according to Savills.
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Warehousing and livestock land are investment opportunities, says Savills
Next year could offer an investment “opportunity of a generation”, but only in selected property sectors as the long post-global financial crash cycle has come to an end, according to Savills.
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Online
Warehouse REIT completes four lettings ahead of ERV
Last mile logistics group Warehouse REIT has completed four long-term lettings totalling 121,400 sq ft.
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Wain Estates reveals plans for Manchester logistics hub
Wain Estates has revealed plans for a 1m sq ft industrial and logistics hub on a former petrochemical site south west of Manchester.
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NTA and NAV rise as Tritax Eurobox reveals annual figures
Tritax EuroBox posted rises in net tangible assets (NTA) and net asset value (NAV) for the year to the end of September, but warned that the group will not be immune from the economic downturn.
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Harworth options 1.6m sq ft Northamptonshire industrial site
Regeneration specialist Harworth Group has signed an option agreement to buy the freehold to a 168-acre site south of the Junction 15 of the M1 in Northamptonshire.
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Industrials REIT sees rent growth accelerate for H1
Industrials REIT saw its average passing rent increase by 29% on new lettings and lease renewals in the six months to 30 September 2022, the highest growth rate achieved to date.
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Russells launches 1.45 million sq ft Manchester industrial park
Developer Russells will start marketing space at 1.45 million sq ft industrial park HPARK in Heywood, near Manchester, in January.
