£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
£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
£34m funding secured to bring forward Sheffield logistics scheme Sep 22, 2022 Trammell Crow Company (TCC), a leading global developer and investor in commercial real estate, has secured a development loan of £34 million against its site in Sheffield, UK, from the South Yorkshire Pensions Authority (SYPA). On the 20-acre site on Shepcote Lane, half a mile from Junction 34 of the M1 motorway and in an […] Posted by: Mya Driver 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
45,000 Square Feet Redevelopment Proposed for Former Wallsend Industrial Site Nov 9, 2023 The Oceana Business Park, covering an impressive 45,000 square feet in Wallsend, Newcastle, is on the brink of a comprehensive redevelopment. Plans submitted to North Tyneside Council by Harris Strategic Land Ltd outline a vision to repurpose the sprawling area, emphasizing a shift from its industrial past to a revitalized future. The proposed demolition and […] Posted by: Mya Driver Read more
930,000 Sq Ft phase 3 in for planning at Symmetry Park Biggleswade as Tritax delivers onsite sustainable power solutions and fully lets phase 2 Feb 21, 2023 On the back of considerable demand for the second phase of development at Symmetry Park Biggleswade, where all four buildings are now fully let prior to Practical Completion (PC), national logistics developer Tritax Symmetry has submitted a detailed planning application for 930,000 sq ft of highly sustainable logistics space at the scheme. The submission comes […] Posted by: Mya Driver Read more
Aldar and Carlyle to Enhance UK Logistics Network with £85 Million Investment in 14 Warehouses Feb 8, 2024 In a strategic move aimed at bolstering the UK logistics sector, Aldar Properties, alongside investment powerhouse Carlyle, has earmarked £85 million for the acquisition and development of 14 key warehouse sites across the UK. This investment highlights the commitment of both firms to the strengthening and expansion of Britain’s logistics infrastructure amidst growing market demands. […] Posted by: Mya Driver Read more
ALMCOR and Cerberus acquire a further £50 million of UK assets for European Industrial Outdoor Storage (EIOS) platform Oct 9, 2023 ALMCOR and joint venture partner Cerberus Capital Management have announced a substantial investment in two UK sites for its European Industrial Outdoor Storage (EIOS) platform. The JV was launched in 2022 with €500m of allocated capital to deploy in target markets across the UK and mainland Europe. The platform aims to aggregate income producing assets […] Posted by: Mya Driver Read more
Amazon Property launches £250m real estate fund covering multiple sectors Apr 4, 2022 Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors. Amazon Property built its strong brand […] Posted by: Mya Driver Read more
Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 21, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
