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» Chronological View: " Logistic " «

Kick-off for major warehouse development in Liverpool

Kick-off for major warehouse development in Liverpool

Stoford Developments and Gallan Group have today announced that the redevelopment of a key employment site at Stonebridge Cross in Liverpool - with 1.2 million sq ft of warehouse and logistics units - is set to go ahead. The announcement comes after Everton FC's decision to build its new stadium at Bramley Moore Dock.
Monday, 24. April 2017

L&G secures London industrial investment for €61m

Legal & General (L&G), on behalf of its UK Property Fund, has acquired a prime Greater London industrial estate and office investment for €61.12m (£51.85m), reflecting a net initial yield of 6.15%.
Monday, 24. April 2017

P3 continues P3 Bucharest park expansion

P3 celebrated the start of construction of a new warehouse at P3 Bucharest park with a special ceremony to raise the first column. The 13,900 m² logistics facility will include 400 m2 of offices. P3 is already in advanced discussions with a potential customer interested in leasing the whole building. Since it purchased the pa...
Friday, 21. April 2017

P3 2017 expansion starts with €243 million portfolio acquisition

P3 has started its latest phase of expansion with the acquisition of a 322,500 m² portfolio of 11 logistics and distribution warehouses in Spain from Gore Spain Holdings SOCIMI I, S.A.U. The purchase price was agreed at €243.35 million. The portfolio includes assets in key strategic logistics locations around Madrid, Zaragoz...
Friday, 21. April 2017

NAI apollo group secures Eismann as new tenant for logistics property in Griesheim

NAI apollo group advised Eismann Tiefkühl-Heimservice GmbH on the leasing of a 1,250-sqm warehouse, cold storage and office premises in Griesheim near Darmstadt. The new tenant is a frozen goods specialist and the landlord is Gewerbepark Kirschberg GbR. The new, optimised facility at 2, Daniel-Müller-Str. in Griesheim, is con...
Friday, 21. April 2017

New logistics models are required to meet the growing challenges of city logistics

JLL has launched „More than the last mile“, a research report which examines how smarter logistics will help shape cities in the future. Commenting on JLL's report, Andy Harding, lead director of JLL's Industrial & Logistics Group, said: „Spurred by the growth of e-commerce and demand for last-mile fulfilment facilities, the...
Friday, 21. April 2017

Investec provides Ballymore Group with €21.5 million investment financing

Investec Structured Property Finance has agreed to provide an €21.5 million (£18 million) loan to Ballymore Group. The loan will be used inter alia to enhance existing income at two light industrial sites in Silvertown, in the East London Borough of Newham, whilst Ballymore seeks to secure residential-led planning consent at ...
Thursday, 20. April 2017

Dedra Exim renegotiates and expands its warehouse and office space lease

Dedra Exim Sp z o.o. has renegotiated and expanded its warehouse and office space lease in MLP Pruszków I to 11,600 sq m. The tenant was represented in the negotiations by Cushman & Wakefield. Dedra Exim has operated in the tools sector since 1991. It sells products under its own brands Dedra, Pansam, Descon and Hartsson. It ...
Wednesday, 19. April 2017

IDI Gazeley developes 574,000 sq ft building at Magna Park in Milton Keynes

IDI Gazeley is commencing construction on a new 574,000 sq ft warehouse at its logistics hub, Magna Park, Milton Keynes. Construction of the new development will begin in May 2017 and delivery is expected by the end of the year. The new building, which will target ogistics, distribution and ecommerce companies, will have stat...
Wednesday, 19. April 2017

Lxi REIT purchases pre-let Premier Inn Hotel, a GE Oil & Gas facility and a Travelodge

The Board of Lxi REIT has exchanged contracts to forward purchase the new Premier Inn hotel and Beefeater restaurant currently under construction at Spanish City Promenade, Whitley Bay, North Tyneside. The company has also completed the acquisitions of the GE Oil & Gas facility at Cramlington, Northumberland and the Travelodg...
Wednesday, 19. April 2017
Goodman continues to expand in the Port of Hamburg with new flexible logistics centre

Goodman continues to expand in the Port of Hamburg with new flexible logistics centre

Goodman is continuing its expansion course in the Port of Hamburg: the property group is planning a 35,000 sqm logistics centre in the southern Port of Hamburg. Flexible units from approx. 5,000 sqm will be available there from the start of 2018.The new logistics centre is the third project for the integrated property group i...
Tuesday, 18. April 2017

Muse sells 100,000 sqft of industrialspace at Logic Leeds to Leeds City Council

Muse Developments has agreed to sell three high-quality industrial units at its flagship Logic Leeds site, totalling 100,000 sq ft, to Leeds City Council. Construction of the speculative units will begin in Summer this year and is scheduled to complete late Spring next year. The three units are 33,000 sq ft, 32,000 sq ft and ...
Tuesday, 18. April 2017

Panattoni Europe completes the construction of 32,000 sqm for Decathlon

Panattoni Europe has completed the construction of a modern logistics centre for Decathlon. The 32,000-square-metre investment is based in Łódź and is the company’s second central warehouse in Poland. The facility is dedicated to serving both stationary stores and online sales. The official opening of the facility took place ...
Tuesday, 18. April 2017

Scarcity of modern industrial premises continues to impact take-up volumes

CBRE Ireland released statistics on the volume of industrial leasing and sales activity completed in Dublin in the first three months of the year. According to CBRE, more than 50,000m² of industrial transactions were signed in the Dublin market in the first three months of 2017. This is down 28% on the volume of activity achi...
Tuesday, 18. April 2017

NREP forms a €1.1bn long term Nordic Logistics platform

NREP and a group of local and international investors have formed a longterm Nordic logistics real estate fund with an initial property portfolio of more than 1 million sqm. NREP has consolidated 49 modern logistics properties to form the seed portfolio of NREP Logistics Property Fund. The €1.1 billion portfolio is the larges...
Tuesday, 18. April 2017

Industrial space totalling 162,400 sq m completed within 10 industrial parks

In Q1 2017, industrial space totalling 162,400 sq m was completed within 10 industrial parks. Major completions include an additional hall at CTPark Bor totalling 40,700 sqm which was delivered partly on a pre-let basis (Weltbild), an extension of P3 Prague D11 of almost 39,000 sq m, partly pre-let to multiple tenants, and th...
Thursday, 13. April 2017

AEW UK REIT acquires multi-let industrial building in Basildon

AEW UK REIT has acquired a c. 69,000 sq ft multi-let industrial building in Basildon, Essex, for €5.4 million (£4.55 million), reflecting a high Net Initial Yield of 7.8% and a capital value of €77.71 (£66) per sq ft. The warehouse, which is located within the established Cranes Farm Industrial area, is fully let to four tena...
Thursday, 13. April 2017