Industrial
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Consortium confirms interest in AB Ports
The UK’s biggest ports operator emerged today as a £2.3bn bid target after a consortium confirmed it was considering an offer.
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Macquarie buys €121m Sony portfolio
Macquarie Global Property Advisors has bought a portfolio of eight properties from Sony for €121.1m (£83m). The portfolio comprises offices and logistics properties spread across the UK, Italy, the Netherlands,…
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Yorkshire chemical plant set for £120m redevelopment
A 48-acre former chemical plant in Yorkshire is to be redeveloped as a £120m housing scheme. This week Merlion Capital won consent from Wakefield council for 1,337 homes, totalling more…
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Upland completes 18-acre Edinburgh buy
Upland Developments has completed the purchase of an 18.45-acre site at Newbridge outside Edinburgh, and has applied for planning consent to build 257,000 sq ft of warehousing and distribution space.
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Industrial developers plan 400,000m2 European sale
Industrial developers are planning to bring more than 400,000m2 of European property to market as investor demand continues to grow. Wal-Mart subsidiary Gazeley has begun marketing a £100m, 100,000m2 European…
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Knight plans Aberdeen industrial scheme and office sale
Knight Real Estate is to build a 36,7000 sq ft facility for drilling contractor PSL in Aberdeen’s Badentoy Industrial Estate, and is also putting the 70,000 sq ft former ENI…
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PMG acquires former NEG glass works at Cardiff Bay
PMG Estates has acquired the 55-acre site of the former NEG glass works on the outskirts of Cardiff Bay for an estimated £18m.
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Work to start on speculative trade park in Fife
Developers SCOT Sheridan and Buccleuch Property will start work later this month on a speculative £1.3m joint venture to build a 15,000 sq ft trade park at Bankhead Park in…
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Eurinpro to develop Leipzig warehouse for Amazon
European logistics property specialist Eurinpro will develop a warehouse of over 750,000 sq ft for online retailer Amazon in Leipzig, Germany.
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Slough announces raft of new European leases
Slough Estates International (SEI) has announced that it has signed 101,619 sq m (1.1m sq ft) of new leases in continental Europe since the beginning of the year.
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ProLogis let 700,000 sq ft at Kettering park
ProLogis has confirmed Wincanton has signed for 700,000 sq ft at the 120-acre ProLogis Park in Kettering, as tipped by Estates Gazette in October last year.
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Network North scheme secures £5m foward sale
Developers Reland and Yorvale have forward sold 75,500 sq ft of industrial space at their £20m Network North scheme near Normanton, West Yorkshire.