Built Environment Networking Blog: Logistics News

£300m industrial drive moved forward by Invesco, Barwood

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

£34m funding secured to bring forward Sheffield logistics scheme

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

Amazon Property launches £250m real estate fund covering multiple sectors

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

Aver acquires Trebor Developments M6 industrial scheme

Trebor Developments and Seddon Developments have sold their Prime Point 14 speculative, industrial, development to Aver Property Limited Partnership.  The site lies one minute from Junction 14 on the M6 Motorway. The two units of 66,628 sq ft and 76,742 sq ft will be constructed during 2022 by Seddon Construction Limited and provide high quality, […]

Posted by: Mya Driver

Read more

Avison Young releases Big Box review of industrial market

The latest Big Box research by Avison Young confirms that continued high levels of demand for e-commerce facilities have driven occupational activity to reach record levels for large grade A warehouses. For the third consecutive year, take-up has increased, compared to the previous year, totalling 49 million sq ft, 57% up on the five-year average. […]

Posted by: Mya Driver

Read more

Aviva Investors provides £105 million in refinancing for portfolio of regional logistics assets

Aviva Investors, the global asset management business of Aviva plc, announces that it has provided £105 million of refinancing to South African specialist industrial REIT Equites Property Fund, secured against a portfolio of five regional distribution assets across the UK. The investment was made on behalf of Aviva UK Life’s annuity business. As part of […]

Posted by: Mya Driver

Read more

Barings invests in UK logistics property

Barings has completed a deal to forward-fund a Grade A logistics asset in Omega Business Park, in the north west of England, UK. The site has planning permission for a 308,905ft² prime warehouse that will be built to a high specification, including an EPC A certification, electric vehicle charging, and photovoltaic panels on the roof, and […]

Posted by: Mya Driver

Read more

BMO acquires logistics asset and supermarket in latest spree

UKREiiF attendee BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), has acquired a Lidl store in Chichester, West Sussex for £9.5 million, reflecting a 4% net initial yield. The investment has been undertaken on behalf of a separate account mandate, for which […]

Posted by: Mya Driver

Read more

BMO Commercial Property Trust increases logistics exposure with £76.5m of investment activity

UKREiiF attendee BMO Commercial Property Trust Ltd (“BCPT”), which is managed by BMO Real Estate Partners (BMO REP), the pan-European property investment and asset management specialist arm of BMO Global Asset Management (EMEA), announces that it has increased the portfolio’s industrial weighting to 29.3% following the acquisition of two high-quality logistics assets in the UK […]

Posted by: Mya Driver

Read more

British Land acquires three warehouses in £157m deal in North London

British Land announces that it has exchanged on the acquisition of three warehouses at Hannah Close, in Wembley for £157m with completion expected by mid February.  This is a development-led opportunity which aligns to our strategy of delivering new urban logistics space through the intensification and repurposing of existing buildings.  It is well located within […]

Posted by: Mya Driver

Read more