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All Industrial articles – Page 6
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InsightRoad, rail and air
East Midlands Gateway’s multi-modal offer has proven so popular since it opened in 2017 that the site is almost full.
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InsightLogistics firms set to boost shed footprint
Demand for European warehouse space shows no sign of abating despite a turbulent economic backdrop.
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NewsTata confirms plans for Somerset electric car battery gigafactory
Jaguar Land Rover-owner Tata has confirmed long-rumoured plans to invest £4bn on building a 40GWh electric car battery gigafactory in Somerset.
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NewsQ2 property investment drops to levels not seen in over a decade
Property investment activity dropped in Q2 with just £7.5bn of property assets changing hands, representing a 10% decrease on Q1’s already subdued out-turn, according to a report by Lambert Smith Hampton (LSH).
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NewsDelin Property signs Lloyd Fraser to occupy its 163,000 sq ft Magna Park warehouse
European logistics warehouse specialist Delin Property has signed a long-term lease for third-party logistics provider Lloyd Fraser to occupy its 163,000 sq ft crossdock warehouse in Magna Park, Lutterworth.
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OnlineBoreal IM appoints Preece as UK vice-president
Pan-European real estate investment manager Boreal IM has appointed William Preece as a vice-president in it UK team.
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OnlineLXi finance chief quits role
Freddie Brooks has resigned from his role as chief financial officer at LXi REIT to pursue other opportunities.
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OnlineArenson steps back from CEO role at Industrials REIT
Industrials REIT’s founder and chief executive Paul Arenson is to step back from the day-to-day running of the company he founded in 1995.
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OnlineMulti-let industrial boom shows signs of cooling, claims Gerald Eve
Rental values in the multi-let industrial sector are showing signs of cooling off, a report from property consultancy Geralld Eve has found.
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NewsOver half of UK warehouse space faces obsolescence by 2030, Knight Frank warns
Over half of UK warehouse space faces obsolescence by 2030 as environmental requirements outstrip older buildings, a report from Knight Frank has warned.
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NewsDFI and Argo Real Estate plan £400m urban logistics platform
Deutsche Finance International (DFI) and Argo Real Estate have revealed plans to develop a £400m UK urban logistics after their joint venture (JV) completed two acquisitions for a combined £177m.
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OnlineBig Yellow posts rise in revenue for first quarter
Storage giant Big Yellow Group has announced a 6.7% rise in revenue during the first quarter of its financial year to the end of June, to £48.1m, up from £45.1m at the same point in 2022.
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NewsLondonMetric sells five assets for £43m
LondonMetric has exchanged on the sale of five assets for £42m, reflecting a net initial yield (NIY) of 4.5%. The combined sales are in line with the 31 March 2023 book value.
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NewsIndustry welcomes logistics planning review following ‘decade of underestimating needed space’
The British Property Federation (BPF) has welcomed a consultation into how planning reform can boost the freight and logistics sector ”after more than a decade of the government underestimating the need for new warehousing space”.
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NewsAprirose gets green light for 90,000 sq ft Heathrow I&L scheme
Real estate investor Aprirose has secured planning consent from Hillingdon Borough Council to develop a prime industrial and logistics scheme at Heathrow.
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NewsClarion Partners Europe snaps up trio of Widnes warehouses
Real estate investor Clarion Partners Europe has acquired three distribution warehouses with a combined area of 708,000 sq ft in Widnes, Cheshire, on behalf of an unnamed commingled fund client.
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NewsSEGRO completes £120m land acquisition for new rail freight terminal
SEGRO has completed a £120m acquisition of 1,035 acres of land at the location of the former Radlett Aerodrome in the Upper Colne Valley, Hertfordshire.
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NewsSt Modwen Park Meaford set for 1.2m sq ft I&L expansion
Industrial and logistics developer and manager St Modwen Logistics has secured outline planning consent from Stafford Borough Council for a 1.2m sq ft multi-phase development of St Modwen Park Meaford near Stoke-on-Trent.
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NewsSpace4 wins approval for 493,000 sq ft timber frame factory near Loughborough
Approval has been granted by Charnwood Borough Council for the creation of a 493,000 sq ft timber frame factory near Loughborough, which developer Space4 claims will to be the biggest of its kind in the UK.
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NewsGlentrool Estates plans 515,990 sq ft expansion of Yorkshire Sherburn2 site
Development and investment company Glentrool Estates Group has submitted plans to expand its Yorkshire Sherburn2 site with an extra 515,990 sq ft of prime logistics and manufacturing space with a gross development value of £67.9m.
