Industrial news
Deka strikes £145m deal for B&M's million foot warehouse
Germany’s Deka Immobilien is set to purchase B&M’s 1m sq ft warehouse in Bedford for more than £145m in a deal that will be seen as a vote of confidence in the UK market ahead of Brexit.
Patrizia buys €1.2bn European logistics portfolio
Patrizia has paid around €1.2bn (£1bn) for a pan-European portfolio of 42 logistics assets from BentallGreenOak
James & James under offer at Liberty 196
Ecommerce fulfilment firm set to take 200,000 sq ft Northants warehouse
Clipstone buys two warehouses
Clipstone Industrial REIT has acquired two properties in the South East for close to £16m as it executes its strategy to focus exclusively on the region.
Starwood acquires £200m urban industrial portfolio
An affiliate of Starwood Capital Group has acquired ten urban industrial estates in the UK totalling 1.6m sq ft for £200m.
Ocado reveals plans for ‘mini’ robotic warehouse
Ocado has announced plans to open its first ‘mini’ robotic warehouse, or customer fulfilment centre (CFC), in Bristol.
Panattoni buys old paper mill in Aylesford for around £75m
Logistics specialist plans development with up to 1.6m sq ft of warehouse space at Kent site near M20
Alpine Properties bags new tenant at Whitehouse Industrial Estate
Procure Plus has signed for 20,000 sq ft in at Whitehouse Industrial Estate in Runcorn.
Savills Investment Management buys Turbine industrial portfolio from CBRE Global Investors
Savills Investment Management has purchased the multi-let Turbine industrial portfolio from CBRE Global Investors.
Hansteen Holdings makes £12m portfolio acquisition
Hansteen Holdings has made a £12m portfolio acquisition in County Durham, reflecting a net initial yield of 8.5%.
McKay posts half-year growth in NAV, revenue and profit
McKay Securities has produced a 2.1% rise in net asset value (NAV) during the first half of the year, alongside strong rental growth.
