‘Transformative effect’ of £300m East Mids food production hub Apr 20, 2021 One of the most significant industrial developments in the East Midlands of the last 40 years has been okayed by planners. SmartParc’s £300m food production hub in Derby could lead to the creation of 5,000 jobs and the 2.4million sqm facility is expected to be operational by the end of the year. The 155-acre site, […] Posted by: Mark Flanagan Read more
£1.175m deal sees MCM Group secure industrial investment Jul 10, 2023 A Gateshead-based property company has acquired two industrial units in a sale and leaseback deal with a North Tyneside electronics manufacturer. In a £1.175m deal, MCM Group has acquired Units 1 & 2 Neptune Court on Orion Business Park from Parmley Technologies and leased them back to the company by way of a 10-year agreement. The deal releases […] Posted by: Mya Driver Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 10, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Mya Driver Read more
£1bn investment secured in North Wales Sep 26, 2024 A major investment of over £1 billion in the redevelopment of Shotton Mill in Deeside, North Wales, will safeguard 147 jobs and create a further 220 when fully commissioned, the UK and Welsh governments have confirmed today. Cabinet ministers from both the UK and Welsh government will visit the historic industrial centre of Wales to […] Posted by: Deividas Krupstas Read more
£200m Crosstree and Bloom Joint Venture launched Sep 23, 2024 Crosstree Real Estate Partners has officially expanded into the industrial and logistics real estate sector through a new £200 million joint venture with Bloom. This marks Crosstree’s debut in the growing logistics market, a sector that continues to thrive amidst strong investor demand. The partnership will focus on identifying industrial real estate opportunities across the […] Posted by: Deividas Krupstas Read more
£200M Student JV launched! Mar 24, 2023 Singapore-based private equity investment firm Q Investment Partners (QIP) and integrated property group Soilbuild have announced a £200 million platform to invest in purpose-built student accommodation in the UK. QIP and Soilbuild have capitalised and underwritten the build-to-core platform, which could potentially be scaled up to GBP400 million. The joint venture partners seek to syndicate […] Posted by: Mya Driver Read more
£300m industrial drive moved forward by Invesco, Barwood Sep 16, 2022 Plans for 83,000 sq ft of logistics space in Trafford submitted by the investors as they progress building their last-mile warehousing portfolio. Invesco Real Estate and Barwood Capital partnered up earlier in 2022 to buy four acres from Neary Way from Peel L&P, and announced they were creating a £300m industrial portfolio. The partnership has […] Posted by: Mya Driver Read more
£30m logistics facility acquired by Leftfield Jan 27, 2023 A 250,000 sq ft Northamptonshire logistics facility, has been acquired by a property investment firm in a deal worth £30m. Specialist investor, developer and manager of real estate, Arrow Capital Partners, has completed the sale a warehouse in Corby to Leftfield. Rob Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This sale […] Posted by: Mya Driver Read more
£40m 700,000 sq ft logistics development approved Dec 5, 2024 Wrenbridge and Fiera Real Estate (“Fiera”) has announced that they have secured planning for a new 120,000 sq ft logistics facility in Stevenage, bringing Wrenbridge’s total pipeline approved at planning this year to 700,000 sq ft. The site has a GDV of £40m and was purchased in June 2024 on behalf of the Fiera Real […] Posted by: Deividas Krupstas Read more
£4bn Teesworks energy project given green light by Government Oct 4, 2024 The highly anticipated Net Zero Teesside project – set to bring thousands of jobs to our region – has today received the green light from Government, with work beginning by the end of the year. The £4billion project – led by bp and Equinor – will establish the world’s first industrial-scale carbon capture, utilisation, and […] Posted by: Deividas Krupstas Read more
£50+ million North East Industrial Property Sale Announced Aug 9, 2023 Avison Young, acting on behalf of Aviva Investors has secured the sale of a long income prime industrial property investment in Washington, Tyne and Wear to a Local Government Pension Scheme, for a sale price of £50.15 million reflecting an initial yield of 6.8%. The property built in 2010 is occupied by BAE Systems which […] Posted by: Mya Driver Read more
£800 Million Easdale Portfolio Boosted by Latest Renfrewshire Acquisition Dec 8, 2023 The Easdale brothers, prominent businessmen from Greenock, have enhanced their £800 million property portfolio with a new acquisition in Renfrewshire. Sandy and James Easdale, through their property investment branch, Dalglen, have recently purchased additional land at the Neil Street Industrial Estate in Renfrew, previously owned by Peel Waters Ltd. This expansion adds another 13,750 square […] Posted by: Mya Driver Read more
