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All Logistics articles – Page 10
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OnlineLondonMetric adds £2.4m to rent roll
LondonMetric Property completed 62 occupier deals during the final quarter of 2022, adding £2.4m to the group’s annual rental income.
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OnlineUrban Logistics spends £48m on five last mile assets
Urban Logistics REIT paid out £48m on five acquisitions that include four assets in the Columbia Threadneedle Street Portfolio.
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NewsChancerygate and JR Capital acquire Carlisle business park
Family office investor JR Capital and developer and asset manager Chancerygate have acquired Port Road Business Park in Carlisle for £7.4m, the partners’ first investment through a £150m multi-let urban logistics fund.
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NewsGigafactory firm Britishvolt enters administration
UK battery manufacturing giant Britishvolt, the UK firm behind plans for a £3.8bn gigafactory in Northumberland, has collapsed into administration.
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OnlineSavills IM appoints Castelein in European urban logistics and industrial push
Savills Investment Management has appointed Evert Castelein as a senior fund manager, as it embarks on a new logistics and industrial strategy in Europe.
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NewsFour tenants lease 20,000 sq ft at Birmingham Business Park
Deals for over 20,000 sq ft of office space have been agreed at BlackRock-owned Birmingham Business Park, located off Junction 6 of the M42 and Junction 4 of the M6 motorways.
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OnlineSupply chain disruption drives ‘first mile’ focus, says Knight Frank
Logistics investors are set to focus on ‘first mile’ assets as global supply chain disruption drives a need for firms to improve upstream, business-to-business supply chain logistics, according to Knight Frank.
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OnlineCheshire ‘Super W’ net-zero warehouse sold for £32.1m
Tungsten Properties has sold Super W, a net-zero distribution warehouse in Warrington, Cheshire, to Leftfield for £32.1m.
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NewsAmazon earmarks three UK fulfilment centres for closure
Amazon has announced plans to close three of its 30 warehouses in the UK, affecting 1,200 jobs.
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OnlineGoodman secures consent to create 1.2m sq ft Luton shed scheme
Developer Goodman Group has secured planning permission to redevelop a 60-acre brownfield site in Luton, Bedfordshire as a 1.2 million sq ft commercial park.
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NewsIndustrial and logistics take-up in 2022 49% above long-term average
UK take-up of industrial and logistics units over 100,000 sq ft reached 45.73m sq ft in 2022 - 49% above the long-term annual average, according to Savills.
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NewsWarehousing and livestock land are investment opportunities, says Savills
Next year could offer an investment “opportunity of a generation”, but only in selected property sectors as the long post-global financial crash cycle has come to an end, according to Savills.
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NewsPrologis UK takes 5,000 sq ft Soho office as new London headquarters
Logistics property owner and developer Prologis UK has leased a 5,000 sq ft office in central London’s Soho district.
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NewsMoorfield Group buys 57,000 sq ft of Birmingham sheds
Real estate fund manager Moorfield Group has acquired two Birmingham warehouses totalling 56,746 sq ft for £5.3m from an unnamed UK institutional investor.
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NewsMayfair Capital’s PITCH fund lets Stockport sheds
Investor Mayfair Capital has completed two lettings of warehouses on Orion Business Park, Stockport, which it acquired on behalf of its Property Income Trust for Charities (PITCH) fund in December 2020.
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OnlineWarehouse REIT completes four lettings ahead of ERV
Last mile logistics group Warehouse REIT has completed four long-term lettings totalling 121,400 sq ft.
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OnlineWain Estates reveals plans for Manchester logistics hub
Wain Estates has revealed plans for a 1m sq ft industrial and logistics hub on a former petrochemical site south west of Manchester.
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NewsArrow Capital Partners leases 81,076 sq ft at Ellesmere Port
Arrow Capital Partners has leased Aviator 80, an 81,076 sq ft logistics property at Aviator Park, Ellesmere Port, Cheshire, to transport service provider Gwynedd Shipping.
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OnlineHuboo takes 63,900 sq ft at Canmoor’s Bristol scheme
Developer and asset manager Canmoor has let 63,900 sq ft of warehouse space at its More+ scheme in Bristol to fulfilment technology provider Huboo.
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OnlineNTA and NAV rise as Tritax Eurobox reveals annual figures
Tritax EuroBox posted rises in net tangible assets (NTA) and net asset value (NAV) for the year to the end of September, but warned that the group will not be immune from the economic downturn.
