Real-estate firm, Hines, has announced this morning that Hines Global Income Trust has acquired City Central Coventry, a 400,000ft2 urban logistics park located in the UK’s ‘Golden Triangle’. The multi-let urban logistics estate is located such that it has access to 90% of the UK’s population within four hours’ drive time, and sits in close…
Marshall Commercial Development Projects has submitted plans for a £65 milion 545,00ft2 mega warehouse at its 55-acre site off Lovels Way in Widnes in the North West. The proposals envisage a 545,000ft2 facility with 512,00ft2 of warehousing space, 33,000ft2 of two storey offices providing upwards of 500 jobs. The warehouse, targeting BREEAM Excellent will have…
All three units at developer Redsun’s 80,000ft2 industrial scheme Pioneer Park in Telford have been let prior to practical completion. Smartwater Group, advised by MK2 Real Estate, has taken unit 1 (23,000ft2) on a 15-year lease, unit 2 (14,000ft2) has been sold to Load Lock and the final 40,000ft2 industrial building has been let to…
All three units at developer Redsun’s 80,000ft2 industrial scheme Pioneer Park in Telford have been let prior to practical completion. Smartwater Group, advised by MK2 Real Estate, has taken unit 1 (23,000 t2) on a 15-year lease, unit 2 (14,000ft2) has been sold to Load Lock and the final 40,000ft2 industrial building has been let…
3PL Kammac has taken its second new warehouse in four months in the North West. The fast-growing 3PL has taken a 10-year lease on an 85,757ft2 unit on Preston’s Walton Summit industrial estate at a rent of £5.50/ft2. The deal follows hard on the heels of a 205,000ft2 letting on a unit in St Helens….
Die Garbe Industrial Real Estate GmbH meldet einen weiteren Vermietungserfolg. Ein namhafter Autohersteller wird im Herbst in die Logistikimmobilie mit einer Gesamtfläche von 23.500 m² einziehen, die der Hamburger Projektentwickler gemeinsam mit der Honold Logistik Gruppe derzeit in Giengen an der Brenz (Landkreis Heidenheim, Baden-Württemberg) realisiert. Das Objekt entsteht im „Giengener Industriepark A7 (GIP A7)“….
Bleckmann has opened a new fulfilment centre at Suffolk Park in Bury St Edmunds, the company’s fifth distribution centre in the UK. The sustainable new facility, with a clear height of 12m, offers a floor capacity of 104,986ft2 with further potential to expand. Bleckmann is an expert in supply chain management solutions for fashion, lifestyle…
Real-estate firm, Hines, has announced the sale of the Royal Mail sorting warehouse in Edinburgh. The industrial building was acquired in 2019 by a fund sponsored by Hines and has been sold to ICG Real Estate for an undisclosed price. The 215,745ft2, mission-critical facility is located in Edinburgh’s Sighthill Industrial Estate adjacent to Hermiston Gait…
DPD is taking a 60,000ft2 build-to-suit warehouse at Trebor Developments and Schroders Capital’s Schroder UK Real Estate Fund’s Revolution Park Wolverhampton in the West Midlands. The deal, subject to planning, will see the development of a state-of-the-art unit built to BREEAM ‘Excellent’ standards that will be both net-zero carbon in construction and operation. Revolution Park…
Developer Chancerygate has forward sold two BREAAM ‘Very Good’ urban warehouse portfolios to US private equity group Westbrook Partners for £172.5 million. The first portfolio, which was wholly owned by Chancerygate, is called Urban Portal and comprises three multi-unit logistics developments located in Aston Clinton, Brackley and Leicester. The schemes will total 347,177ft2 across 45…
Trebor Developments and Seddon Developments have sold their Prime Point 14 speculative development to Aver Property Limited Partnership. The two units which are 66,628ft2 and 76,742ft2 respectively, will be constructed during 2022 by Seddon Construction Limited and provide a BREEAM rating of “Very Good” and an EPC “A”. The units will be available for rent…
Aver, a joint venture between NFU Mutual and Ergo Real Estate, has agreed to fund Cole Waterhouse and Peveril Securities’ 330,000ft2 Novus Point development in Newcastle-under-Lyme, Staffordshire. Outline planning for the warehouse to be built on the 15-acre former Stoke Speedway site at Lymedale Business Park, was granted in July 2020. Construction could start this…
Real-estate investment manager Barings is seeking to develop a 381,000ft2 logistics hub in London with joint venture partner, developer HBD. A detailed planning application has been submitted to develop a strategic logistics scheme in Rainham, London, which will transform a 20.5-acre brownfield site acquired by HBD and Barings last year. The new development, Momentum London,…
Industrial real estate developer Panattoni has signed its third pre-let at its 1.9 million ft2 logistics development in Kent following pre-lets to DHL and logistics firm Fowler Welch. Parcel delivery company Hermes has secured a 15-year lease on a 78,794ft2 net carbon zero facility, which it will use as to handle more than 220,000 parcels…
Real estate investor Fortwell Capital, is forward funding developer Jaynic’s 160,000ft2 speculative warehouse at its 2 million ft2 Suffolk Park scheme near Bury St Edmunds in East Anglia, to the tune of £13.8 million. Jaynic is Fortwell’s fifth borrower in the industrial/logistics space sector, with the single unit at Suffolk Park the largest that the…
AEW has acquired Frontier Park, in Milton Keynes to develop out a nine unit 760,000ft2 speculative logistics scheme for its develop-to-core logistics venture with Allianz Real Estate The proposed new-build project to be developed for AEW by Frontier Estates, is going in for full planning permission and will comprise nine units with the largest unit…
Amazon’s 2 million ft2 plus warehouse in Wakefield, West Yorkshire has sold for a record breaking £233 million – believed to be the largest logistics warehouse investment sale in the UK so far. International real estate investor Arrow Capital Partners, secured the multi-storey logistics warehouse at the Wakefield Hub from Mountpark Logistics. Once the development…
Die Fairsorgungscenter Holding GmbH hat ein lebensmittelgeankertes Fachmarktzentrum in Lienz / Tirol erworben. Im Zuge von Modernisierungsmaßnahmen soll die Immobilie fit für die Zukunft gemacht werden. „Mit dem Erwerb des FMZ Lienz konnten wir uns eine frequenzstarke und regional etablierte Immobilie mit erheblichem Wertsteigerungspotential sichern. Wir wollen unseren Wachstumskurs in den nächsten Monaten weiter fortsetzen…
Bleckmann has opened a new fulfilment centre in Lutterworth, the ‘Golden Triangle’, in the UK. This is Bleckmann’s fourth site in the United Kingdom. The brand new building in Magna Park has a floor area of 205,000ft2 and a clear hight of fifteen meters, resulting in a floor capacity of 550,000ft2. “With the opening of this…
Real estate developer Panattoni has begun speculatively developing a 575,000ft2 logistics park at junction 28 of the M1 in the East Midlands. Panattoni Park J28 Central M1 will comprise two units of 345,000ft2 and 230,000ft2, which are expected to be completed in the fourth quarter of this year and will be built to a BREEAM…
CBRE Investment Management has let a 302,000ft2 distribution centre at Park Ryton to DHL Supply Chain on a 15-year lease. Formerly leased to Network Rail Infrastructure, the distribution centre is part of Park Ryton, which is situated in the heart of the ‘Golden Triangle’, four miles to the south-east of Coventry and at the intersection…
Real estate investor and developer, Firethorn Trust, has secured planning permission to develop a 21-acre site in Peterborough. The scheme will comprise three high-quality industrial units, offering a choice of 94,225ft2, 139,915ft2 or 240,830ft2 of modern and flexible logistics space. Future occupiers can benefit from a clear internal height of 15m, up to 52.5m yard…
Logistics operations in Europe have grown rapidly over the last couple of years and further growth is expected this year with the take-up of 365,972,954ft2 of logistics space. Independent location, logistics real estate and supply chain specialist Buck Consultants International found that the fast growth of e-commerce had led to accelerated levels of space take-up…
Shoosmiths has advised Total Developments on the £25 million sale of a 16-acre industrial and warehouse park near Leeds. The transaction means Total Developments will sell its remaining interest including four units at the site to ReAssure. The units are let to a range of occupiers. Total Developments acquired and began developing the site in…
Real estate investor and developer, Firethorn Trust, is set to develop its first last-mile industrial scheme, following the acquisition of a 4-acre site in Belvedere, South East London. The speculative development marks Firethorn’s first venture into London’s logistics market, where it will deliver 94,000ft2 of Grade A last mile logistics space. The acquisition has now…
Der Flughafen Wien (VIE) verzeichnete weiterhin massive Passagiereinbrüche und zählte mit 10,4 Mio. Fluggästen im Jahr 2021 immer noch um 67,1 Prozent weniger Reisende im Vergleich zum Vorkrisenniveau (2019). Gesunken sind im Vergleich zu 2019 sowohl das Passagieraufkommen im Transferverkehr (-65,0%) als auch die Anzahl der Lokalpassagiere. Die Anzahl der Starts und Landungen ging um…
Glencar has been appointed by real estate investor and developer, Firethorn Trust to construct a 21-acre site, Peterborough South at Kingston Park in Hampton. The development will create 500,000ft2 of logistics space across three units, and is expected to be complete by the end of 2022. The development will be delivered to net-zero carbon in…
Amazon is thought to have taken a further 15-year lease on the 730,000ft2 plus ex Debenhams warehouse in Peterborough, following a short-term lease to cover Black Friday and Christmas, which was reported by Logistics Manger in October last year. Landlord Fiera Real Estate had been marketing the property since the collapse of Debenhams in 2020….
Industrial real estate developer Panattoni has submitted plans for its biggest-ever speculative logistics building in the UK, a 630,000ft2 facility in Yorkshire. Panattoni has submitted a reserved matters planning application to Rotherham Metropolitan Borough Council for a 715,000ft2 speculative development, Panattoni Park Rotherham, consisting of the 630,000ft2 facility and a smaller 85,000ft2 facility by Junction…
Allianz Real Estate, die im Namen mehrerer Unternehmen der Allianz Gruppe handelt, und VGP, ein europäischer Anbieter von hochwertigen Logistik- und Gewerbeimmobilien, haben die Gründung eines neuen 50/50-Joint Ventures vereinbart. Es ist das vierte Gemeinschaftsprojekt seit 2016 und wird ein Portfolio von erstklassigen Logistikimmobilien in Deutschland, der Tschechischen Republik, Ungarn und der Slowakei entwickeln. Allianz…
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