UK Commercial Property REIT has acquired M8 Industrial Estate near Glasgow from Grayling Capital for £24.6 million.
M8 Industrial Estate comprises 20 units totalling 290,104 sq ft and offers the potential for two further developments on site. M8 is at 92 per cent occupancy and is well let to tenants including Boots UK, Rentokil and PTS.
Loxxes Pharma in Neutraubling to open an air-conditioned warehouse with 17,000 pallet spaces in three temperature zones in spring 2015 Loxxess Pharma builds a new logistics centre for around EUR 15 million in Neutraubling near Regensburg, which is to open in spring 2015. With the new site, the company expands its capacity for storage, handling…
In what has been claimed a ‘world first’ for the marine industry, the Unifeeder-operated ship ‘ElbBlue’ has this week set off on trial voyage fuelled by liquefied SNG in a major boost for the shipping industry’s efforts to reduce its carbon emissions. The liquefied SNG, produced at Kiwi’s Power-to-Gas facility in Werlte, Germany, is a…
Ruscon, part of the GCS Group, has launched a weekly fixed day block train from Moscow to the Far East of Russia. The train, with a capacity of 154TEU (77FEU) departs from the MANP Terminal, south-west of Moscow every Saturday at 12 noon for Khabarovsk. It arrives in Khabarovsk on Tuesday afternoon. After discharging the…
Jaynic has been appointed development manager and signed a 15-year agreement for a 2.3 million sq ft industrial and logistics scheme in Stowmarket, Suffolk. Known as Gateway 14, the 156-acre green field site is adjacent to junction 50 on the A14 – the main road route from Felixstowe to the Midlands. The scheme, a wholly…
In today’s retail world where e-retailing and omnichannel seem to be the main drivers for revenue, how can a company such as Primark financially benefit from simply brick & mortar? As Sears shuts down stores to stay afloat, UK-based Primark is taking advantage of some of these shuttered locations to expand into the US. An…
Logility has acquired Halo Business Intelligence, a supplier of advanced analytics for the supply chain market. Logility is to combine its planning and optimisation portfolio with Halo’s advanced analytics with the aim of moving businesses away from “emotion-based projections to predictive and prescriptive analytics,” in order to increase visibility and accelerate decision-making across the entire…
