All Logistics articles
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NewsTake-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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Chancerygate submits plans for 82,400 sq ft Leatherhead logistics hub
Developer Chancerygate has submitted plans to speculatively build 82,400 sq ft of grade-A urban logistics and warehousing space in Leatherhead, Surrey.
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Trio of deals at Frasers Logistics & Commercial Trust’s Connexion II park
Frasers Logistics & Commercial Trust has agreed a trio of deals totalling nearly 120,000 sq ft at Connexion II, Blythe Valley Park in Solihull.
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Clearbell fund snaps up six UK sheds for £34m
Clearbell Capital’s Property Partners IV fund has acquired six regional industrial assets from Palace Capital for £34m, in a deal reflecting a 6.2% net initial yield.
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UK Commercial Property REIT sells Wembley logistics asset for £74m
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in north London to registered charitable company Covent Garden IP for £74m, reflecting a net initial yield of 3.49%.
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Big Yellow reports resilient results with 10% revenue rise
Self-storage operator Big Yellow has reported a 10% increase in revenue in its results for the year ended 31 March.
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JR Capital and Chancerygate’s £150m fund acquires Eastbourne industrial estate
A £150m urban logistics investment fund managed by asset manager Chancerygate and property investment company JR Capital has acquired an industrial estate in Eastbourne, East Sussex.
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Valor agrees 57,000 sq ft urban logistics pre-let in Birmingham
Valor Real Estate Partners has secured Specialist Computer Centres (SCC) for a 57,000 sq ft pre-let at Oscar House logistics site in Birmingham.
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PLP granted planning consent for 1 million sq ft logistics building
PLP, the specialist logistics developer, manager and owner, has been granted detailed planning consent at PLP Milton Keynes for a single cross-dock unit of approximately 1m sq ft.
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Online
Tritax Eurobox targets €150m sales to reduce LTV
Continental warehouse groupTritax Eurobox is targeting at least €150m (£130.4m) of disposals to reduce its loan-to-value (LTV) ratio, it can be exclusively revealed.
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IJM Land partners with Network Rail for railway developments
Network Rail and Malaysian developer IJM Land have formed a partnership to explore opportunities on land close to rail assets.
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IPUT gets green light for 64-acre logistics park
Irish property group IPUT Real Estate has secured planning permission for 795,000 sq ft of logistics space close to Dublin Airport.
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Online
SEGRO commits £2bn to net zero warehouse development in West Midlands
Industrial giant SEGRO has committed £2bn to a decade-long net zero warehouse development programme after becoming a strategic partner of the West Midlands Combined Authority (WMCA).
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Online
Jaguar Land Rover agrees five-year lease renewal in Ellesmere Port
Car manufacturer Jaguar Land Rover has agreed a five-year lease renewal on its logistics warehouse in Ellesmere Port with Clearbell and Barwood.
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Lush launches circular recycling Green Hub in Poole
Cosmetics giant Lush has launched a new 40,000 sq ft circular recycling hub at its Fleets Corner Business Park in Poole after investing £2.3m in the project.
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Evolving industrial and logistics sector finds reason for optimism
Nearly half of the developers and investors polled by law firm Forsters expect industrial and logistics (I&L) asset values and rents to increase in 2023, despite major market and policy pressures.
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Four key takeaways from PW’s I&L Conference & Showcase
Growth prospects and rise of social and diversity factors were among the topics discussed at last week’s event.
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Green light for British Land’s Paddington logistics hub
Property giant British Land has gained planning approval for a 121,000 sq ft urban logistics hub near London’s Paddington Station.
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I&L Conference: Inclusion & diversity key for I&L success
Polly Troughton, managing director of St Modwen Logistics, highlighted diversity and inclusion as essential components for industrial businesses’ success at the Property Week Industrial & Logistics (I&L) Conference today.
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DP World signs up for 598,000 sq ft shed at SEGRO Park Coventry
Warehouse giant SEGRO has secured a 598,000 sq ft pre-let with DP World Logistics, part of Dubai-owned port giant Dubai World, at its business park in Coventry.
