Industrial
-
Milton Keynes industrials make £46m
Protego Real Estate Investors has bought the 558,000 sq ft Blakelands Industrial Estate in Milton Keynes for £45.9m, a 6.23% initial yield.
-
Govt appoints LSH for rail property disposals
The government is to dispose of 22 rail freight sites across the UK as part of a sale of former British Rail property.
-
West Dublin deal sets record industrial yield
A record industrial yield for the west Dublin property market has been recorded with the sale for €9.12m (£6.2m) of the Lafarge premises at Fonthill Business Park to a private…
-
Scarborough sells Clearwater portfolio for £220m
Kevin McCabe’s Scarborough Property Group has sold the £220m Clearwater portfolio to new investment vehicle Greenhills Real Estate. Greenhills, which has been formed by the management of Hemingway Properties, is…
-
Jaguar venture plans £35m Rotherham scheme
Sheffield developer Jaguar Estates and remediation company Euro Dismantling Services have teamed up to buy a 27-acre site in Rotherham. The joint venture, which was appointed preferred developer of the…
-
Distribution hubs nearly in Tesco’s basket
Tesco is closing in on two prelets for distribution facilities totalling around 1.5m sq ft. It is in talks to take 700,000 sq ft at Centrepoint, near Goole in East…
-
Rosemound/SWIP jv plans Leicestershire scheme
Rosemound Developments and Scottish Widows Investment Partnership (SWIP) have formed a 50:50 joint venture to develop two distribution facilities at Logix Park in Hinckley, Leicestershire.
-
Terrace Hill gets outline consent for Eastbourne scheme
Developer Terrace Hill has been granted outline consent for a 107,000 sq ft industrial and trade counter scheme in Eastbourne, East Sussex.
-
Morgan Sindall ‘excited’ as profits hit record levels
Morgan Sindall, the construction company with interests ranging from affordable housing to tunnels for electrical cables, has announced record results and said that orders of £2.8bn left it “excited” about…
-
St Modwen/Nanjing sign 33-year Longbridge lease
St Modwen has said it is looking forward to a “long and fruitful” relationship with Chinese firm Nanjing after signing a 33-year lease for the Longbridge site in the West…
-
AB Ports upbeat as investment plans progress
The UK’s biggest ports operator kept annual profits moving ahead today after longer-term contracts ensured it weathered tough economic conditions. Associated British Ports, which operates from 21 sites in the…
-
Royal London confirms 800,000 sq ft Merseyside plan
Royal London Asset management has confirmed that it intends to develop up to 800,000 sq ft of commercial space at Atlantic Park in Sefton, Merseyside.