Industrial
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Link road kicks off north Glasgow regeneration plan
A £56m regeneration project to the north of Glasgow has got underway with the development of a £7.6m leisure centre and new link road.
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RICS reports positive outlook for UK offices
The latest edition of the RICS commercial property survey has reported the biggest increase for nine months in demand for offices in the final quarter of 2005.
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Olympic plans ‘on track’ after design changes
A revised masterplan for the 2012 Olympic Park that reduces the number of businesses to be relocated and places more of the Village on the adjacent Stratford City regeneration scheme…
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Morley buys £80m shed portfolio
Morley Fund Management has bought an £80m industrial and distribution portfolio from Kevin McCabe’s Scarborough. The fund beat bidders including Insight, Standard Life and CBRE Investors.
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Cloud hangs over rents for industrial sector in 2006
Rental growth in the regional industrial sector is set to lag behind retail and offices this year, with more than half the UK’s major towns and cities failing to increase…
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Argos loses dispute over warehouse rent review
Argos is facing a rent increase at its North West distribution depot because the warehouse was built larger than the parties had contracted.
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HelioSlough buys Staffs business park for £17.7m
HelioSlough, the joint venture between Slough Estates and Helios Properties, has bought Lymedale Cross Business Park in Stoke, Staffordshire from RREEF and its joint venture partner Barlows for £17.7m.
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Warner completes Ash Portfolio sale
Warner Estate has completed the disposal of the Ash Portfolio with the sale of the last two properties in Falkirk and Hull.
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KBC sells Warrington industrial scheme
A 65,000 sq ft industrial and warehouse complex near Warrington, Cheshire, has been sold for £3.56m. Heaton Court, in Risley, was sold by Lothbury Property Trust, a client of KBC…
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P&O directors recommend takeover offer
Directors of ports and ferries firm P&O jumped ship today to recommend a £3.55bn takeover offer from Singaporean rival PSA International.
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Workspace sells ‘majority of holdings outside London’
Workspace has sold the ‘majority of its holdings outside London’ to Dunedin for £41.7m. The portfolio consists of 11 small unit industrial estates, all located outside the M25.
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Lidl takes 105,000 sq ft at Livingston scheme
Discount supermarket retailer, Lidl, has let 105,000 sq ft from HBoS at Livingston in West Lothian. The letting at Kirkton Campus has consolidated the town’s position as one of Scotland’s…