All Industrial articles – Page 7
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News
Potter Space secures planning permission for 96,000 sq ft industrial expansion
Industrial and logistics developer Potter Space has received planning consent for industrial units totalling 96,000 sq ft at its Droitwich business park in Worcestershire.
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Construction project starts to return to growth next year following dismal 2023
The UK construction sector is set to return to growth next year after project starts fell massively this year due to higher inflation, taxes, and rising mortgage costs, according to Glenigan’s Construction Industry Forecast 2023-2025.
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Urban Logistics’ net tangible assets fall 14%
Urban Logistics REIT’s net tangible assets (NTA) fell 14% in the year to the end of March, as outward yield movements impacted the property sector.
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HEL Group signing completes lettings at Hemel Hempstead park
Commercial property investment manager Orchard Street Investment Management has fully let its Centro Trading Estate in Hemel Hempstead.
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Network Rail launches masterplan for Bow Goods Yard regeneration
Network Rail has launched a masterplan to regenerate 30 acres of brownfield land at Bow Goods Yard in east London.
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Coltham and Delancey form logistics JV platform
Developer and asset manager Coltham has joined forces with Jamie Ritblat’s Delancey to launch UK logistics platform Greenlight.
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Hines and Clowes complete Nottingham sheds
Property investment group Hines and Clowes Developments have completed three industrial units at Fairham Business Park in Nottingham totalling 268,814 sq ft.
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Schroders REIT outperforms peers despite 18.9% NAV drop
Schroder Real Estate Investment Trust (REIT) has reported above average income return and a sector-beating 14% rise in its dividend, despite an 18.9% drop in net asset value (NAV).
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Chancerygate acquires West Sussex site for 105,000 sq ft I&L scheme
Developer Chancerygate has acquired a 4.59-acre site in West Sussex to speculatively build 105,000 sq ft of grade-A urban logistics and industrial space.
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Developer to deliver £180m green hydrogen facility in Hull
A £180m green hydrogen production plant is set to be delivered at Saltend Chemicals Park in Hull under plans put forward by green hydrogen industrial developer Meld Energy.
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Cushman & Wakefield adds Asbridge to logistics and industrial team
Real estate services firm Cushman & Wakefield has appointed Aric Asbridge to its logistics and industrial team.
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Chancerygate appoints King and Holden to board of directors
Urban logistics and warehouse developer Chancerygate has appointed head of development Alastair King and general counsel Eva Holden to the board of directors.
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Graftongate and Cilldara Group set to build 90,000 sq ft West Midlands industrial scheme
Developers Graftongate and Cilldara Group have secured planning consent for a new 90,000 sq ft sustainable industrial and logistics scheme in the West Midlands.
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GLP set to speculatively build 1.4m sq ft of warehouse space at Magna Park Lutterworth
GLP is set to speculatively develop 1.4m sq ft of warehouse space at Magna Park in Lutterworth.
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Take-up of big-box I&L space plummets as occupiers hit pause
Take-up of grade-A big-box industrial and logistics (I&L) space has plummeted over the past four quarters, according to analysis by BNP Paribas Real Estate.
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Net tangible assets slump 15.1% at LXi following Secure Income REIT merger
The value of net tangible assets (NTA) at LXi REIT slumped 15.1% in the year to the end of March to 121.1p per share, compared to 142.6p a year earlier.
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Warehouse REIT swings to £182.8m loss as portfolio value slumps
The value of Warehouse REIT’s portfolio slumped 18.5% in the year to the end of March as the group was hit by industry-wide outward yield movements.
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Only industrial and West End offices to see “robust rental growth” in next five years, says IPF
Industrial assets and London’s West End office market will be the only two property sectors to outperform the all- property average during the next five years, according to an International Property Forum (IPF) report.
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Annual NAV and portfolio values nudge up at Sirius
Sirius Real Estate has posted a small rise in net asset value (NAV) and portfolio value in an indication that outwards yield movement in the property sector has eased.
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Intermediate Capital Group Real Estate launches European logistics platform
The real estate division of Intermediate Capital Group (ICG) has announced the formation of Metropolitan Last Mile (Metropolitan), a pan-European distribution and industrial platform aiming to treble its assets over the next 18 months.