Industrial
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ProLogis chosen as developer for 64-acre Staffs site
ProLogis has beaten over 20 other bidders to be selected as the preferred developer for the 64-acre former Sideway colliery in Stoke-on-Trent, Staffordshire.
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PPG and Amerdale complete sale of Leyland scheme
PPG Land and Amerdale have sold the whole of their joint industrial development at Centurion Park in Leyland, Lancashire. The 17,500 sq ft Unit 1 of the scheme has been…
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Workspace provider Bizspace buys two business parks
Managed workspace provider Bizspace has agreed to buy two business parks from Montgomery Property Group for £10.5m. Bizspace has bought the 247,000 sq ft Morelands Trading Estate in Gloucester and…
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Merrill Lynch lets 308,000 sq ft in Leicester
Merrill Lynch Investment Managers has let a 308,000 sq ft chunk of the former British Shoe Corporation’s HQ near Leicester to PB Logistics.
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Second major ports takeover within 24 hours
The ports industry today woke up to its second major takeover in 24 hours when North East-based operator PD Ports accepted a £246m offer.
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P&O backs DP World’s £3.3bn takeover offer
Ports and ferries business P&O agreed to end 168 years of independence today by backing a £3.3bn takeover by Dubai’s DP World.
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Olympics CPO shock for east London landowners
Furious developers and investors were weighing up their options this week after discovering that their land had been included in the compulsory purchase order for the 2012 Olympic Park.
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Bloxham to head up IPPR think tank
Urban Splash chief Tom Bloxham has been chosen to head up a policy think tank’s steering group. Bloxham will oversee the ‘strategic direction’ of the Institute of Public Policy Research…
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CBRE snaps up industrial lots for £19m
Aggmore Properties has sold a portfolio of 10 industrial properties to a client of CBRE Investors for £19m, a 6.77% yield.
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Land seller faces Australian court
A British company that is selling plots of UK agricultural and forestry land to investors is facing a legal battle with an Australian consumer watchdog.
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Ballymac outlet village delayed by a year
A judicial review challenge has delayed ING Real Estate Development’s €60m (£41m) Ballymac factory outlet village in Dundalk, County Louth, by more than a year.
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Slough confirms £35m Elstree industrial sale
Slough Estates has confirmed the sale of the first two phases of its Centennial Business Park in Elstree to Morley Fund Management for £35m.