The UK’s industrial and logistics market saw a strong third quarter with big box take-up reaching over 6.6m sq ft, according to JLL.
Urban Logistics has released a trading update this morning ahead of reporting its interims next month.
Freight forwarder Europa Worldwide has signed a pre-let agreement that will see it move into a purpose built 715,000 sq ft facility at Midlands Logistics Park in Corby.
The UK logistics market remained resilient in the third quarter of 2019, with take-up of industrial space up 15% compared with the same period last year, according to research from Cushman & Wakefield.
Freight forwarder DSV will join Jaguar Land Rover at IM Properties 238-acre Appleby Magna development in North-west Leicestershire.
Avon Freight Group has signed a 15-year lease for 93,720 sq ft at the new five-unit Velocity 42 scheme in Redditch.
Peveril Securities and Marchmont Investment Management have sold South Central, a warehouse in Orpington to Aviva Investors for £15m.
Wandsworth Borough Council has purchased an industrial estate in the borough for £28m, reflecting a net initial yield of just 2.3%
Patrizia has sold a French logistics portfolio to Blackstone for €260m (£231.6m).
Company’s chief executive announces shift in strategy following NorthStar merger and fall in share price
UK-based property investor Custodian REIT has purchased a £24.65m portfolio of eight last mile distribution units throughout the country.