All Logistics articles
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News
Divergence in performance across property types ‘likely to persist in 2024’, CBRE says
Divergence in performance across property types is likely to persist in 2024 and obsolescence, particularly of older office and retail assets, will be a key challenge for the UK real estate market next year, according to CBRE’s UK Real Estate Market Outlook 2024.
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Insight
Why the industry’s ‘unsung hero’ sector needs a higher profile
Following a report highlighting the challenges facing the small- to mid-box industrial and logistics sector, Potter Space and Property Week assembled a panel of industry experts to discuss key issues such as the shortage of mid-box supply, planning hurdles to development and improving the sector’s public image.
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News
UK industrial infrastructure ‘holding back technology superpower aims’
The UK is not on track to become a technology superpower by 2030 due to a lack of investment in the country’s industrial infrastructure, according to research from independent think tank Demos.
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Online
Tritax EuroBox reports NAV decrease
Net asset value (NAV) at Tritax EuroBox slumped 25% in the year to the end of September as yields moved out across the property sector.
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Online
Valor completes £101m loan on London urban logistics assets
Valor Real Estate Partners has secured a five-year £101m loan from Canada Life Asset Management.
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Insight
Development goes green: unlocking sustainable value in the logistics sector
November should have marked the introduction of new biodiversity net gain rules in the UK planning system.
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Online
Strategic review could lead to sale or merger of abrdn European Logisitcs
The board of abrdn European Logistics Income has launched a strategic review that may lead to a sale or merger of the group.
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News
Peel Waters submits plans for 108,553 sq ft Salford I&L development
Peel Waters, Peel L&P’s waterfront development arm, has submitted plans for a 108,553 sq ft logistics and industrial development in Salford.
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Online
LondonMetric’s values rise as logistics group bucks downward trend
LondonMetric has posted a rise in net tangible assets (NTA) in its half-year figures to the end of September, at just under £2.2bn, compared to £1.9bn six months earlier, bucking the trend of falling values in the property sector.
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Online
Panattoni appoints Preston to lead new investment management division
European logistics giant Panattoni has appointed logistics real estate veteran Nick Preston to diversify and increase its investor base as head of the newly created Panattoni Investment Management.
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Professional
Tackling logistics’ supply dearth
Whereas the housing crisis generates much public debate and political pressure, there is a comparable lack of focus on a sector that employs 7% of our workforce and underpins our economy: freight and logistics.
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News
Oryx acquires £25m Milton Keynes logistics site
Investment and asset manager Oryx Investment Partners has bought a five-acre logistics site in Milton Keynes with an estimated development value of £25m to £30m.
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News
Tritax Symmetry hires five and promotes two to support expansion
National logistics developer Tritax Symmetry has taken on five new staff and promoted another two to support the company’s expansion.
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News
Urban Logistics REIT attributes profits leap to active asset management
Urban Logistics REIT has reported a leap in profit to £16.9m for the first half of this year, up from £2.4m for the same period in 2022.
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News
Galliard and City Developments JV buys massive Morden Wharf site
Mixed-use developer Galliard Homes has acquired the 13.8-acre Morden Wharf site in London’s Royal Borough of Greenwich to develop around 1,500 homes, in a joint venture with City Developments Limited (CDL), Property Week can reveal.
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News
Eight split from Avison Young to form retail advisory practice
A group of eight leading retail warehouse agents have left Avison Young to set up a new advisory practice called Park Place Retail, Property Week can reveal.
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News
Brookfield and Copley snap up trio of Heathrow distribution hubs in £54m deal
Global real estate investor, operator and developer Brookfield and industrial real estate operator Copley Point Capital have snapped up three distribution warehouses by Heathrow airport.
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News
HBD submits application for first phase of £100m I&L scheme
Developer HBD, part of the Henry Boot Group, has submitted a reserved matters application for the first phase of its £100m GDV SPARK scheme – a 44-acre logistics and manufacturing hub near Walsall in the West Midlands.
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News
Jamdac gets green light for 51,667 sq ft County Antrim shed
Jamdac Developments has secured approval to develop a 51,667 sq ft shed at Creagh Industrial Park near Toome in County Antrim.
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Online
Industrial & Logistics supplement October 2023
I&L take-up falls by almost half in 2023 - Will developers embrace timber construction? - Tritax partner Petrina Austin talks strategy - Five minutes with… Gerald Eve associate Emily Pearson