Industrial news
Prologis buys 4.5 acres of land for Croydon expansion
Prologis has bought 4.5 acres of land next to Prologis Park Beddington Lane in Croydon with plans to expand the industrial park.
Investment growth in UK manufacturing will cause a ripple effect on warehouse demand
Every £1bn UK manufacturing investment will require an additional 175,000 sq ft of warehouse space as a result of the ongoing pandemic, according to a report from Savills.
Eshton Group acquires new commercial unit in West Yorkshire
Eshton Group has acquired a 12,000 sq ft unit at the Dolly Lane site following several purchases in the West Yorkshire area.
GLP raises £1bn in first close of European logistics fund
Logistics facilities provider GLP has raised €1.1bn (£1bn) in the first close of its pan-European logistics fund, GLP Europe Income Partners II (GLP EIP II).
Panattoni sells £200m Amazon shed to LGIM in largest ever warehouse deal
Panattoni has pre-sold a 2.3m sq ft warehouse at Symmetry Park in Swindon to Legal & General Investment Managers (LGIM) for over £200m in the UK’s largest single-warehouse deal.
IM Properties puts £85m Amazon shed in Hinckley up for sale
IM Properties has put a 532,000 sq ft warehouse let to Amazon on a 20-year lease at around £6.50 sq/ft on sale for £85m.
Tristan Capital Partners appoints DTRE to trio of industrial sites
Tristan Capital Partners has appointed DTRE as letting agents on the £68m portfolio of three industrial sites it bought from St Francis Group and Richardson earlier this month.
Plans revealed for new Poole industrial scheme
WH White has unveiled plans for a new industrial scheme in Poole.
GLP and IM Properties win double at virtual Industrial Agents Society Awards
GLP and IM Properties both won in two categories at a virtual Industrial Agents Society (IAS) Awards.
U+I receives green light from Tunbridge Wells for Kingstanding scheme
Regeneration specialist U+I has received planning consent to develop 30 acres of unused land in Kent into a green business community.
Caddick submits plans for 612,500 sq ft hub in Lancashire
Property developer Caddick Developments has submitted plans to deliver a 612,500 sq ft industrial and logistics hub in Farington, Lancashire.
