All Industrial articles – Page 8
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NewsBloom 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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Online
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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News
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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Online
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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Online
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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News
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.
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Neglect of mid-box sector holding back jobs and growth, claims Savills
Under-supply in the small to mid-box industrial and logistics (I&L) sector is costing the English economy £480m GVA (gross value added) a year and holding back growth in regional hotspots, claims agent Savills.
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Online
Share your views in the 2022 Property Week logistics census
Owners and occupiers in the industrial and logistics sector face many challenges as they plan ahead for 2023, with rising inflation, interest rate hikes and the weakness of the pound adding to a long list of existing issues including planning, land availability and environmental regulation.
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News
Orchard Street fully lets three-unit site in Surrey
Commercial property investment manager Orchard Street has agreed the final two lettings at Albany Point Industrial Estate in Camberley, taking the site to full occupancy.
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News
Cinch Self Storage acquires 34,000 sq ft Watford warehouse
Padlock Partners UK Fund III and operating partner Cinch Self Storage have acquired a 34,000 sq ft warehouse in Watford for approximately £9m.
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News
Welsh industrial units over 50,000 sq ft see ‘tremendous’ Q3 lift, says Knight Frank
A 411,000 sq ft New Sports warehouse development that has been completed in Wrexham has boosted the number of industrial property units over 50,000 sq ft in Wales for the third quarter.
