All Logistics articles – Page 17
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NewsBoreal IM secures £208m Pbb facility to refinance seven assets
Investment manager Boreal IM has secured a combined €237m (£208m) loan from specialist lender Deutsche Pfandbriefbank (Pbb) to refinance seven assets across Europe it has acquired in a joint venture (JV) with investor Cadillac Fairview.
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NewsEvent Hire UK takes 55,000 sq ft at Barberry’s Wolverhampton site
Event equipment hire firm Event Hire UK has taken a 15-year lease on a 55,575 sq ft Wolverhampton warehouse owned by developer and investor Barberry Industrial for its new headquarters.
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NewsMaersk takes 41,500 sq ft at Network Space’s Altrincham site
Developer, investor and manager Network Space has agreed a pre-let deal for logistics firm Maersk to take 41,500 sq ft of space at its Greater Manchester scheme.
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NewsSavills and Colliers named agents for Fawley Waterside
Developer and asset manager Long Harbour and Fawley Waterside, the firm behind the £2.3bn Solent-based town of the same name, have appointed Savills and Colliers as agents for a 1.5 m sq ft life science and tech-focused campus.
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NewsJaynic gains consent for Bury St Edmunds sheds
West Suffolk Council has granted developer Jaynic Property Group consent to build two warehouses totalling 205,000 sq ft at Suffolk Park in Bury St Edmunds.
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NewsArrow-Cerberus sells Corby warehouse for £30m
Leftfield Advisors has purchased a 248,000 sq ft logistics warehouse in Corby from Arrow Capital Partners for around £30m.
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NewsBericote and Tritax Big Box sell Dartford business units to Logicor
Tritax Big Box and Bericote Properties have reportedly pre-sold 20 units at the former Littlebrook Power station in Dartford to Logicor for £25m, Property Week can reveal.
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NewsSt Modwen buys Birmingham and Manchester business parks
St Modwen Logistics, owned by US private equity giant Blackstone, has acquired business parks in Birmingham and Manchester totalling 175,000 sq ft.
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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.
