Industrial news
UK industrial and logistics shrugs off Brexit concerns to post strong third quarter
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.
NAV rises at Urban Logistics
Urban Logistics has released a trading update this morning ahead of reporting its interims next month.
Europa Worldwide signs for 715,000 sq ft Corby warehouse
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.
UK logistics remains ‘resilient’ in third quarter with take-up of industrial space up 15%
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.
DSV becomes second major occupier at IM Properties Appleby Magna development
Freight forwarder DSV will join Jaguar Land Rover at IM Properties 238-acre Appleby Magna development in North-west Leicestershire.
Avon Freight Group signs for 94k sq ft at Reddich business park
Avon Freight Group has signed a 15-year lease for 93,720 sq ft at the new five-unit Velocity 42 scheme in Redditch.
South Central warehouse sold for £15m to Aviva Investors
Peveril Securities and Marchmont Investment Management have sold South Central, a warehouse in Orpington to Aviva Investors for £15m.
Wandsworth Borough Council snaps up two-acre industrial estate at 2.3% yield
Wandsworth Borough Council has purchased an industrial estate in the borough for £28m, reflecting a net initial yield of just 2.3%
Patrizia sells €260m French logistics portfolio to Blackstone
Patrizia has sold a French logistics portfolio to Blackstone for €260m (£231.6m).
Colony Capital sets out plans to focus on digital investments
Company’s chief executive announces shift in strategy following NorthStar merger and fall in share price
Custodian REIT buys eight ‘last mile’ distribution units in portfolio deal
UK-based property investor Custodian REIT has purchased a £24.65m portfolio of eight last mile distribution units throughout the country.
