|

Hines acquires Cribbs Causeway DC

VonLOGISTIK express Presseservice

Hines European Value Fund has acquired Cribbs Causeway Distribution Centre in Bristol which contains 423,000 sq ft of logistics space.

The 423,000 sq ft of logistics space is let to a single tenant whose lease expires in 2020. The space is subdivided into a refrigerated storage section and conventional stacked storage space.

“The pending lease expiry presents us with a substantial opportunity to manage their exit while implementing a major programme of refurbishment and re-letting to execute a rental reversion,” said Hines UK director of industrial and logistics Greg Cooper.

UKCM acquires Midlands distribution warehouse portfolio for £85.4 million

Ähnliche Beiträge

|

BotsAndUs becomes Dexory

VonMarkus Jaklitsch

A new name – the same passion for innovation. Paving the way for artificial intelligence and robotics to completely transform logistics, BotsAndUs continues its evolution as Dexory. The company is going through a time of rapid growth. The new name, taken from the words ‘dexterity’ and ‘echolocation’, and visual identity supports the company’s expansion and…

|

HS2 review probably right, says RFG

VonLOGISTIK express Presseservice

The Rail Freight Group has reaffirmed is support for the HS2 project, which is now under review by the government, saying it is an important project for freight, but a review is probably right. However, RFG director general Maggie Simpson said: “It is probably right that the project is reviewed, and that options which might…

|

Automotive logistics market to top $472bn by 2025

VonLOGISTIK express Presseservice

The automotive logistics market will increase from $284.1 billion in 2018 to $472.9 billion by 2025 as a result of growing vehicle production, which increases the demand for raw materials and components, according to a new study. The report highlights the fact that the automotive logistics market is dominated by a few globally established players…

|

Tritax Big Box sells Northamptonshire warehouse for nearly £85 million

VonMarkus Jaklitsch

Tritax Big Box REIT has announced the sale of a warehouse in Raunds, Northamptonshire to an undisclosed buyer described as “a leading UK institutional investor in real estate”, for £84.3 million. The building is one of three at the site “developed for and let to” Howdens Joinery Group. Tritax Big Box has confirmed that it…

|

Pets At Home renews its partnership with Microlise with multi-year agreement

VonLOGISTIK express Presseservice

Pets at Home has renewed its partnership with Microlise in a multi-year contract agreement, which will seethe pet supply specialist utilise software specialist’s fleet performance service. The fleet performance software has allowed Pets At Home to reduce its millage, and supported scheduling and route selection. Steve Travis, General Manager Transport, at Pets At Home said:…

|

Ingenica Solutions wins KGH contract

VonLOGISTIK express Presseservice

Kettering General Hospital NHS Foundation Trust has awarded an inventory management contract to Ingenica Solutions as it aims to transform its supply chain and procurement efficiencies, secure long-term cost savings and improve patient safety. The contract is to commence immediately and will include the implementation of Ingenica’s 360 IM across the entire trust to track…