Industrial news
May UK commercial property deals more than double year on year
Around £2.6bn of investment was pumped into the UK commercial property market in May, more than double the amount transacted in the same month last year.
Barwood and Caisson form JV to buy up MLI assets
Barwood Capital and Caisson Investment Management have formed a joint venture with plans to acquire up to £40m of multi-let industrial assets in the UK’s regions following its first close, Property Week can reveal.
Evans Randall to develop £500m phase of MIRA Technology Park
Evans Randall Investors has been chosen to develop a £500m phase of an automotive technology park in the West Midlands.
PLP lets Sheffield shed to Advanced Supply Chain
PLP has let a 346,000 sq ft shed in Sheffield to Advanced Supply Chain Group, Property Week can reveal.
Modular homes manufacturer takes space in South Yorkshire warehouse
Modular homes manufacturer IDMH has sublet 208,663 sq ft from AB InBev at the Tinsley Industrial Estate in Sheffield.
Tritax secures planning for 1 million sq ft shed park
Tritax Symmetry has secured planning permission for a 1 million sq ft employment park at Symmetry Park in Knowsley, Merseyside.
Stenprop eyes £1bn portfolio valuation after strong results
Stenprop’s has its eyes on a £1bn portfolio valuation following another bumper financial year for the multi-let industrial sector.
Logicor gets planning for 360,000 sq ft shed scheme
Logicor has been granted outline planning permission for up to 360,000 sq ft of industrial and warehouse facilities at Liberty Park Widnes on Newstead Road, Widnes.
Bradda Capital completes Erith shed site sale
Bradda Capital has sold a last-mile logistics site in south-east London to Evo Industrial, Property Week can reveal.
Mayfair Capital’s Charities trust snaps up Northampton shed for £15.6m
Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired an industrial estate at Brackmills Trade Park, Northampton, for £15.6m, reflecting a net initial yield of 3.8%, Property Week can reveal.
BNP Paribas REIM UK sells Amazon shed for £161m
BNP Paribas Real Estate Investment Management (REIM) has sold Amazon’s fulfilment centre in Bardon, Leicestershire to Savills Investment Management for £161m.
