Logistic

Segro has appointed Anna Bond as Head of Western Corridor, responsible for the overall leadership of the company’s development and asset management activities across the Thames Valley, including the Slough Trading Estate, as well as the Heathrow Airport and the M4 corridor portfolio. This region has £5.3bn of assets under man...

Segro has secured two new leases with food and drink companies in west London as it continues to meet strong demand from the sector for well-located and modern space within proximity of the wider London market.

A joint venture between Chancerygate and Northwood Urban Logistics has achieved practical completion on its 130,483 sq ft Bridgewater Point development at Trafford Park in Manchester. The last-mile urban logistics scheme comprises 16 high specification Grade A leasehold units, ranging in size from 5,114 sq ft to 13,571 sq ft ...

Montea is increasingly focusing on major cities to develop new city-hubs, aiming to make the last mile as sustainable as possible. The developer is currently building a new distribution center comprising two units at the large Blue Gate industrial site in Antwerp, one for logistics company Herfurth and the other for fashion g...

St. Modwen Logistics has appointed Adam Haley to role of Director in its Portfolio and Asset Management team.

Panattoni has won financing for the development of its latest development in Western Pomerania. The €20 mln loan was granted by mBank. Panattoni Park Szczecin V will comprise 30,000 sqm of which around a third has already been leased to a client from the food and hospitality sector.

Jeremy Bishop has launched Arkus Real Estate, an investment and development firm focused on creating fit-for-purpose real estate. Seeking to take advantage of the pricing reset caused by the convergence of 2023’s soaring interest rates, the impact of technology on logistics, office and retail real estate, and continued demand...

Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of deferred taxes.

Abrdn European Logistics Income plc has completed the sale of a 30,180 sqm warehouse in Meung sur Loire, to Castignac. The €17.5 million disposal price is in line with the 31 December 2023 valuation and reflects a c.7% discount to the 30 September 2023 valuation.

Bloom has completed the second development in central London for its £250 million ultra-urban warehouse joint venture with TPG Angelo Gordon. Bloom Brixton, at 146-148 Brixton Hill, comprises five units, totalling 35,417 sq ft, designed by Chetwoods. The warehouses are multi storey across ground and first floors with goods li...

Slättö and Ares Management Real Estate Secondaries funds have agreed to support the recapitalization of a market-leading light-industrial and logistics portfolio, which is managed by Slättö. The portfolio comprises 28 assets with value concentrated in the Stockholm and Helsinki metropolitan areas.

AEW has completed the off-market acquisition of a newly built and fully let logistics asset in Hanover-Sehnde on behalf of its open-ended pan-European core fund Eurocore.

Sirius Real Estate has exchanged contracts on the acquisition of Vantage Point Business Village, a multi-let business park in Gloucestershire, for a total acquisition cost of £48.25 million (€56.4 million), representing a net initial yield at acquisition of 10.2%. The acquisition has been made using the proceeds of the Compan...

Greenlight has obtained a resolution to grant planning permission for the redevelopment of an existing manufacturing complex in Redditch, Worcestershire.

Branicks has got green light for the restructuring plan from the lenders of the € 225 million promissory note loans maturing in 2024. In doing so, the promissory note loans in question are extended to June 30, 2025.

Montea acquires a logistics park with a total lettable area of 63,500 m² in Hamburg. The acquisition marks a further expansion of the company's foothold in Germany, an increasingly important market.

GLP has finalised its redevelopment project in Schifferstadt, with the completion of two logistics buildings with a total area of 54,000 m². Each building has an 8,500 m² mezzanine floor and 2,000 m² of office space. The site features parking spaces for 124 cars and 35 trucks.

Barberry acquires a West Midlands warehouse development site – the third completed since the start of the year. The developer has acquired the last remaining plot at the highly sought-after Tournament Fields Business Park in Warwick. The company plans to deliver a c:80,000 sq ft Grade A 'best in class' distribution and logist...