Industrial
-
Roxburgh’s woes continue with loss of founding director
Roxburgh & Company’s woes continued this week, with the departure of founding director Will Hean. Agency and development director, Hean, has broken away from the Edinburgh-based consultant to set up…
-
Liverpool LDC and Langtree secure business park funding
Liverpool Land Development Company (LLDC) and developer Langtree Group have announced they have secured the necessary funding to allow development of Wellington Employment Park to begin.
-
Falling DIY sales hit B&Q firm’s profits
B&Q owner Kingfisher today said soaring utility costs, household debt and fears over the housing market had all contributed to a sharp decline in profits.
-
Manchester withdraws Omega objection as EP backs down
Manchester city council has withdrawn its formal objection to plans for the initial phase of the 5m sq ft Omega scheme in Warrington.
-
Green light for Vauxhall car plant
The £400m redevelopment of the former Vauxhall car plant in Luton was given the go-ahead this week. URUK’s and Laing O’Rourke’s Napier Park will be one of the South East’s…
-
IPIF lets south Wales shed to furniture manufacturer
Industrial Property Investment Fund (IPIF) has leased a 130,000 sq ft factory at Bridgend, South Wales, to furniture maker Steinhoff UK Upholstery.
-
British Land sells B&Q Warehouse
British Land has sold its freehold interest in a 122,000 sq ft B&Q Warehouse in Stockton to DVS for £29.25m a 4.64% yield.
-
Sainsbury’s extends contract with Atisreal
Sainsbury’s has extended its contract with Atisreal to provide estate management and property services for its 700-strong portfolio for a further 18 months.
-
Rosemound and BL plan £75m Tesco shed
Rosemound and British Land plan to build one of Scotland’s biggest distribution schemes. The joint venture is on the verge of submitting a planning application for a 1m sq ft…
-
Research finds Eastern Europe catching up
The “high risk” Eastern European investment market is fast catching up with the UK as the most attractive commercial property market.
-
Irish syndicate buys offices and sheds near Paris
Irish syndicate Le Premier Property Funds (LPPF) has bought six buildings south of Paris for €10.58m (£7.2m). Mainly offices with some warehousing, the six buildings are in the business park…
-
P&O puts Birmingham site up for sale
A 20-acre site zoned for employment uses, which could hold 400,000 sq ft of industrial space, has been released to the market in Birmingham.