Industrial
-
Big Yellow tickled pink by hike in NAV and profits
Self storage firm Big Yellow this morning posted a hike in pretax profit for the six months to 30 September 2005 to £42.2m from £33.2m a year earlier.
-
New link road will boost Cornwall industrial space
The government estimates that over 400,000 sq ft of industrial workspace will be created in a Cornwall industrial estate over the next decade after it unveiled funding for a new…
-
C&R confirms £96m T3 trade park buy
Capital & Regional (C&R) confirmed this morning its acquisition of the T3 trade park portfolio from AXA and Warner Estate for £96m, reflecting a net initial yield of 5.25%.
-
PD Ports lobbies for ‘Northern Gateway’
PD Ports pressed home its case for a “Northern Gateway” at Teesport today after reporting a healthy rise in container volumes and profitability.
-
ProLogis frontrunner for Dartford power station
US logistics giant ProLogis is the frontrunner in the race to buy a 30-acre site at Littlebrook Power Station in Dartford.
-
Hydro solves Primark’s fire problem
Gazeley has rescued Primark after the budget fashion chain’s Leicestershire warehouse was destroyed by fire last week. Primark has taken a short-term lease at Gazeley’s 422,800 sq ft aptly named…
-
Hercules buys Hove warehouses for £13.1m
Schroder Exempt Property Unit Trust has sold two retail warehouses in Hove for £13.1m at an initial yield of 4.7%. British Land’s Pillar Property bought the warehouses for Hercules Income…
-
Protego gets six sheds for £26m
Langtree is close to selling six industrial estates in the North to Protego Real Estate Investors. The investment management firm headed by Iain Reid is expected to pay £25.7m for…
-
Mayor wrestles for 2012 Olympics
London mayor Ken Livingstone is forcing developers of the £4bn Stratford City project to give up more land for the 2012 Olympic Games.
-
Blueprint chooses design team for maiden project
Regeneration Partnership Blueprint, has appointed a team of masterplanners and architects for its first project since its inception in September. The partnership has chosen a combined design team of Studio…
-
AAH Pharmacuticals completes Stoke sale & leaseback
AAH Pharmaceuticals is set to complete the £16m sale and leaseback of its new 225,000 sq ft distribution complex in Stoke.
-
Six shortlisted for Welsh refinery redevelopment
US funds AIG and Cherokee International are among a string of names shortlisted to spearhead the redevelopment of a 1,000-acre former oil refinery site in South Wales.