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Logistic

Oxford & LCP secure planning for Heathrow logistics development

Oxford Properties Group and Logistics Capital Partners have secured planning permission to develop c. 340,000 sq ft of technologically advanced and environmentally sustainable logistics space on a 15-acre brownfield site adjacent to Heathrow Airport. The much-needed new space will be delivered across two units of 200,000 sq f...
Monday, 25. March 2024

Azora acquires Spanish asset portfolio from CBRE IM

Azora, through two logistics vehicles it manages, has acquired an asset portfolio valued at 91 million euros previously managed by CBRE Investment Management. The portfolio consists of 11 assets totaling 193,000 square meters, financed by a loan of up to 54.9 million euros. These assets are located on the A2, the main logisti...
Monday, 25. March 2024

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

Diös divests properties for SEK 212 million

Diös has divested two properties in Sundsvall and Umeå in two transactions, with a total leasable area of 15,100 square meters. The sales price amounts to SEK 212 million. The transfers of ownership will take place in April 2024.
Friday, 22. March 2024

HIH buys Kuehne + Nagel site in Wittenburg

HIH Invest has acquired a logistics property in Wittenburg on behalf of its open-ended special funds from an institutional investor. Seller and developer of the 26.500 sqm logistics asset is Panattoni, who completed the site in late 2023.
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

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

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