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Logistic

Panattoni starts logistics development in Sittingbourne

Panattoni has begun developing a 645,000 sq ft net zero carbon logistics park in Sittingbourne. The development, called Panattoni Park Sittingbourne, comprises two units of 440,000 sq ft (S440) and 205,000 sq ft (S205). Panattoni acquired the 26-acre site in the fourth quarter of 2023 and completion is expected in the first q...
Friday, 22. March 2024

First units launched at Apollo Ansty Park in Coventry

Three of the four speculative units in the second phase of development at Ansty Park, Coventry have successfully completed. These units, named Apollo 4, 6, and 7, are highly specified warehouse/logistics buildings. They deliver a combined c.560,000 sq ft of sustainable accommodation in a premier logistics and manufacturing lo...
Friday, 22. March 2024

LIP Invest launches new logistics fund

LIP Investl aunches its fifth logistics real estate fund. The fund launch originally planned for last year was postponed due to the strategic reorientation of many investors as part of their asset allocation.
Thursday, 21. March 2024

Logicor leases Park Hamm to sole tenant

The Hamburg-based company Heinrich Dehn concluded a lease agreement for a 17,870 m² logistics property in Hamm. The property is called Logicor Park Hamm, which was completed last year and was built on behalf of Logicor. The site offers a total of 14,900 m² hall space, 2,600 m² mezzanine space and 540 m² office and break rooms...
Thursday, 21. March 2024

Logicor and Kryalos acquire site in Tuscany

Logicor and Kryalos SGR have announced the acquisition of a c.63,000 sqm site in Quarrata, Florence, for the development of a new c.23,000-square-meter GLA hub in Tuscany.
Thursday, 21. March 2024

Stoford and Blackrock let Spa Park unit to Opus

Stoford lets a speculatively developed manufacturing unit in Warwickshire to international automotive engineering and product supply company, Opus International Products. The company has signed a 10-year lease on a 39,875 sq ft unit at Spa Park, a multi million pound business park scheme in Leamington Spa.
Wednesday, 20. March 2024

Automotive company moves to Panattoni Park Tricity East I

Automotive company AS-PL has signed up to Panattoni Park Tricity East I by leasing nearly 2,900 sqm of warehouse and office space. It instructed Newmark Polska to negotiate lease conditions on its behalf.
Wednesday, 20. March 2024

ASLI increases lease income in Getafe with new letting

Abrdn European Logistics Income has agreed an immediate lease surrender with Arrival for the 27,000 sqm of warehousing it previously rented in Getafe, Madrid. Reflecting the ongoing demand for Grade-A, highly sustainable logistics space in Spain, ASLI has now agreed a new lease for 5,131 sqm of the space, at a rent 8.7% above...
Wednesday, 20. March 2024

Panattoni hands over keys in Lubowo

Panattoni has completed and handed over the main European production facility for Maxcess. Built on a Build-to-Suit (BTS) basis, this new facility in Łubowo will facilitate the relocation of the existing factory, enhance the capacity for new product and service development, and is expected to double employment, bolstering the...
Wednesday, 20. March 2024

Wrocław Prologis warehouse achieves BREEAM Excellent

The Prologis Park Wrocław III DC4 with an area of 50,000 square metres has been certified BREEAM Excellent. The warehouse boasts efficient and innovative solutions, which have enabled savings of up to 30% in utility costs compared to other facilities on the market in the region.
Wednesday, 20. March 2024

Warehouse in Lichfield changes hands

A Staffordshire warehouse unit has changed hands in a £2.7 million off-market deal completed by Burley Browne. The 31,686 sq ft unit at Europa Way Industrial Estate in Lichfield has been acquired by a private investor from a private investment fund.
Tuesday, 19. March 2024

Panattoni achieves third BREEAM Outstanding in Poland

Panattoni has been awarded another BREEAM certificate with a rating of Outstanding for Panattoni Park Poznań A2 (building B). The building was constructed for H&M without the use of PCVs. This is the developer’s third project in Poland and its eighth in Europe to be awarded the highest BREEAM rating thus joining a select few ...
Tuesday, 19. March 2024