Industrial news
Redding quits Segro amid management overhaul
Segro’s chief investment officer Phil Redding is leaving after 25 years amid a senior management overhaul at the industrial and logistics giant.
Amazon wins £3m tax rebate over business rates row
Amazon has won a £3m tax rebate from Cannock Chase District Council after arguing that the mezzanine in its warehouse does not count as floor space.
Gazeley expands Magna Park Lutterworth by 7m sq ft
gistics developer Gazeley is expanding Magna Park Lutterworth by 7m sq ft, taking the total area from 9m sq ft to 16m sq ft.
Four lenders refinance Warehouse REIT £220m facility
A club of lenders has refinanced a £220m debt facility for Warehouse REIT.
DTZ Investors lets 65,000 sq ft at Trafford Park
DTZ Investors has let 65,000 sq ft at Ashburton Point on Trafford Park to Swedish manufacturing company Lindab.
Former 546,000 sq ft Poundworld distribution centre let to The Range
The 546,000 sq ft former Poundworld distribution centre in Yorkshire has been let to The Range for 20 years, Property Week can reveal.
Bericote Properties and Hillwood let 525,000 sq ft shed to Kellogg’s
Bericote Properties and Hillwood have let their mammoth spec-built industrial scheme 525 Haydock to Kellogg’s.
Chancerygate and Hines buy industrial site in Warrington
Chancerygate and Hines have purchased the final five-acre development plot at Gemini8 in Warrington to speculatively build around 100,000 sq ft of industrial and warehouse space.
Scottish Power sells 113-acre industrial site in Bristol
Scottish Power has sold its 113-acre commercial landholding in Avonmouth, Bristol to Walters Land, Property Week can reveal.
Octopus refinances £10.6m Blackacre loan
Octopus Real Estate has refinanced a £10.6m loan to Blackacre to develop an industrial site.
Arlington submits plans for Reading logistics park
Arlington has submitted its plans to develop a 162,250 sq ft logistics park to Reading Borough Council.
