Industrial news
Telereal Trillium pays £33.32m for five industrial estates
Telereal Trillium has snapped up five industrial estates covering 386,000 sq ft for a total of £33.32m.
Q4 data leads to SEGRO and Tritax downgrades
Goodbody moves both industrial firms to ‘hold’ calls after reports of NAV declines
NAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
Harworth takes valuation hit but housebuilder demand remains robust
Harworth Group has said yield movements and “softening macroeconomic conditions” hit valuations in 2022 in an end-of-year update.
Midlands industrial take-up down 33% year on year in 2022, says Knight Frank
Industrial take-up fell by a third to 15m sq ft in 2022 from 2021 levels, while investment fell 36% to £2.4bn, according to Knight Frank.
Industrial sector still in strong position despite dip in values
Research suggests the honeymoon period is over, but experts say the sector’s fundamentals remain robust.
Urban 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.
Safestore posts strong annual figures
Storage giant Safestore has posted strong rises in both revenue and profit for the year to the end of October 2022.
SEGRO completes its greenest UK development in north London
Development giant SEGRO has completed SEGRO Park Tottenham in north London, its most sustainable scheme in the UK, which has achieved a BREEAM rating of 94%.
Savills 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.
Chancerygate reveals European expansion plan
Urban logistics group Chancerygate has appointed Jason Sharman as European director ahead of an expansion on the Continent.
