All Logistics articles
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News
Talent is key to building a better logistics future
While thriving, the logistics industry can struggle to attract talented young people. So how can real estate help?
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Mirastar snaps up 285,000 sq ft Sheffield industrial development
Premcor Estates and its joint venture partner Peveril Securities have sold a prime industrial development at Catalyst in Sheffield to Mirastar, KKR Real Estate’s industrial and logistics platform, for an undisclosed sum.
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THG’s Manchester HQ sale falls through
The Hut Group (THG) founder Matt Moulding’s sale of its £250m headquarters in Manchester to real estate investor ICG has fallen through, Property Week understands.
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St Modwen Logistics acquires 267,000 sq ft Wolverhampton shed
St Modwen Logistics has acquired a 267,000 sq ft logistics centre in Bilston, Wolverhampton, in a deal with an undisclosed price and vendor.
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Cornwall Council seeks partner for airport-led mixed-asset scheme
Cornwall Council is seeking a strategic partner for a mixed-asset site anchored by Cornwall Airport Newquay (CAN).
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Trammell Crow completes debut UK logistics development
Commercial real estate developer and investor Trammell Crow Company (TCC) has completed CORE Milton Keynes, its first UK logistics development.
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Arrow hits letting target with Barnsley warehouse scheme
Real estate manager, investor and developer Arrow Capital Partners has leased Arrow 186, a 186,000 sq ft warehouse in Barnsley, South Yorkshire, to Gem Imports.
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Online
LondonMetric sells industrial portfolio to Hines for £40.5m
LondonMetric Property has sold a portfolio of four multi-let industrial estates to Hines for £40.5m, marking its exit from operational multi-let industrial assets.
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Fiera Real Estate raises £225m for UK logistics development drive
The UK arm of Fiera Real Estate has raised £225m for a logistics development drive to take advantage of occupier and investor demand.
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Westbrook buys Haslemere Industrial Estate from Barings for £12.75m
Real estate private equity investor Westbrook has acquired Haslemere Industrial Estate in Bishop’s Stortford, Hertfordshire from Barings for £12.75m.
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BMW drives £600m investment for all-electric Oxford Mini factory
BMW has revealed plans to spend £600m on its Mini Cooper factory in Oxford to build the next generation of electric cars in the UK.
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Online
Nuveen secures €40m investment for pan-European push
Nuveen Real Estate has secured a further €40m (£34m) in capital commitments for its pan-European diversified strategy from a Canadian institutional investor.
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Lidl opens its largest-ever distribution centre in Luton
Budget supermarket giant Lidl has opened its largest-ever warehouse in Houghton Regis, Luton.
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Trebor Developments buys former Bargain Booze warehouse in Crewe
Trebor Developments and Hillwood have acquired a 345,000 sq ft warehouse in Crewe from AEW UK Core Plus Property Fund in an off-market transaction.
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Londonmetric adds two solar PV arrays to its portfolio
LondonMetric Property is to add solar panel PV arrays to two of its assets in Bicester and Coventry as part of its strategy to help occupiers meet their net zero goals.
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Online
NAV dips at abrdn European Logistics Income
Net asset value (NAV) at abrdn European Logistics Income’s portfolio dipped 2.6% in the quarter to the end of June.
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Industrials REIT acquires Rochester Trade Park
Multi-let specialist Industrials REIT has snapped up Rochester Trade Park for an undisclosed price from clients of Swiss Life Asset Managers UK – its first investment since its acquisition by Blackstone in June.
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St Modwen Park Broomhall set for expansion as two new leases signed
St Modwen Park Broomhall in Worcester is set for expansion after planning permission was secured for an extra 72,000 sq ft of warehouse space and two businesses signed new leases on the industrial park.
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Headline rents as new tenants move into West Midlands industrial parks
Three new tenants have signed headline rent deals to take space at the Octagon Business Centre and Granada Trading Estate in the West Midlands.
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Online
Tritax Big Box closes in on £450m refinancing deal
Tritax Big Box REIT is close to agreeing a refinancing deal of its £450m revolving credit facility (RCF), Property Week can reveal.