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» Chronological View: " Logistic " «

RPMI Railpen acquires 5.85 acre unit with Wrenbridge

RPMI Railpen, has completed its latest acquisition, with the purchase of 5.85 acres of land in Waltham Cross, London. The site will be developed for a new, Grade A, speculative warehouse and logistics scheme with Wrenbridge acting as development partner.
Friday, 15. November 2019

Shurgard signs purchase agreement for a land in Cologne

Shurgard has signed a purchase agreement for a land in Cologne (in the state of North Rhine-Westphalia) and is expecting to receive a building permit for a new storage facility during the course of 2020. „This project will complement our 11 properties in this region and particularly in Cologne“, said the company. The future c...
Friday, 15. November 2019

Dream Global REIT unitholders approve sale to Blackstone

The unitholders of Dream Global REIT approved the previously-announced proposed transaction pursuant to which affiliates of real estate funds managed by the Blackstone Group . The group will acquire all of Dream Global REIT’s subsidiaries and assets in an all-cash transaction valued at $6.2 billion. On closing of the transact...
Wednesday, 13. November 2019

Twin track market persists as robust office and industrial sectors mitigate retail declines

Across UK commercial property, capital values decreased -0.3% in October, according to the latest CBRE UK Monthly Index. Rental values decreased -0.1% and total returns were 0.2% for the month. Positive but slowing Office and Industrial performance was again outweighed by negative retail returns.
Tuesday, 12. November 2019

Firethorn Trust acquires 37 acre industrial site from Travis Perkins

FirethornTrust has acquired a prime industrial development site in Milton Ham, near Northampton. The site sits within the UK industrial market’s “Golden Triangle” and offers a strategic location just off Junction 15a of the M1 and adjacent to Prologis’ Pineham Park.
Tuesday, 12. November 2019

St. Modwen completes 103,000 sq ft unit in Burton

St. Modwen has completed its third phase of development at St. Modwen Park Burton in Staffordshire, delivering a new 103,947 sq ft speculative unit. One of the largest warehouse developments in the Midlands, St. Modwen Park Burton has outline consent for one million sq ft and is now home to a number of established occupiers, ...
Tuesday, 12. November 2019

Chalié Richards & Company moves into Segro Metropolitan Park, Greenford

Premium drinks brand wholesaler Chalié Richards & Company has signed a deal with Segro to double the size of its warehouse and distribution facility at Segro Metropolitan Park in Greenford. The 319-year-old wholesaler of artisan wines and spirits has agreed a new lease increasing its footprint to more than 24,000 sq ft of war...
Monday, 11. November 2019

Baytree secures new logistics development site in Barleben

Baytree Logistics Properties has secured a second strategic development site in the state of Saxony-Anhalt on behalf of clients of AXA Investment Managers - Real Assets. The site, which is located in the town of Barleben, is the latest addition to the platform’s German development portfolio and follows secured sites in Magde...
Thursday, 7. November 2019

Tristan fund acquires two warehouses for €25 million

CCP 5, the core-plus long-life fund advised by Tristan Capital Partners, and local operating partner, ARC Real Estate Partners, have acquired two warehouses in a first step towards assembling a logistics platform consisting of medium-sized warehouses at locations across the Netherlands.
Thursday, 7. November 2019

Garbe acquires Business Campus in Kiel

Garbe Industrial Real Estate GmbH acquires Business Campus Kiel in Kiel-Suchsdorf as part of an asset deal. The multi-tenant business campus includes 12 properties with a total rental space of approximately 76,700 square metres, with office, production, light industrial and storage uses. The seller is a European family office...
Wednesday, 6. November 2019

Trebor and Hillwood secure planning for Bristol industrial speculative scheme

Trebor Developments and partner, Hillwood, have secured Detailed planning consent for a major industrial speculative scheme at Western Approach, Bristol. The site was acquired in 2018 and planning has now been granted for buildings of 33,566 sq ft, 76,627 sq ft and 134,269 sq ft, which will be developed out as a single phase....
Wednesday, 6. November 2019

Delin refinances five UK logistics assets with €58.1m facility from Lloyds

Delin Property has completed the refinancing of a portfolio of five UK logistics assets, totalling 1.2 million sq ft, with Lloyds Bank Commercial Banking, having agreed a c.€58.1m (£50.2 million) loan. The assets are all fully leased to a range of high-quality logistics and e-commerce tenants and are located in prime UK logis...
Monday, 4. November 2019

Barwood Capital secures eight multi-let industrial estates for £38m

Barwood Capital has acquired seven multi-let industrial estates for its 2017 Regional Property Fund in Nottingham, Bromborough, Corby, Dumbarton, Warrington, Livingston and Birmingham through Caisson Investment Management as the asset manager totalling more than £38 million. A further estate in the North West is under offer.
Tuesday, 29. October 2019

YIT to develop and sell logistics properties

YIT has signed a framework agreement on the development of three logistics properties and a sale agreement for the selling one of these properties to an international investor. The parties have agreed that the value of the contract will not be published.
Tuesday, 29. October 2019

St. Modwen submits plans for major speculative scheme in Basingstoke

St. Modwen has submitted a detailed planning application to Basingstoke and Deane Borough Council to build three high-quality speculative units of 37,000 sq ft, 51,000 sq ft and 97,000 sq ft at an 11.3-acre industrial and logistics park in Basingstoke.
Tuesday, 29. October 2019