Industrial
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Milton Keynes plans put paid to shed-only sites
Changing government policies have forced developers in the former shed capital of Northampton to either include housing in their schemes or sell their land.
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Private investment bank rolls into £112m portfolio
A Mayfair-based private investment bank has just spent £112m on UK property, two months after purchasing ABN AMRO’s London HQ for £175m.
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More than 20 bidders stoke up colliery deal
More than 20 bidders are battling for Advantage West Midlands’ 64-acre former colliery in Stoke-on-Trent. ProLogis is determined to secure the Sideway site for a scheme that it believes will…
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Multi-use shot in the arm for MPIF
Medical Property Investment Fund (MPIF) is to pilot four multi-use medical centres next year as part of its new generation Assura Health and Wellness Centres.
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Hercules secures new lettings at two parks
Hercules Unit Trust has secured a number of new lettings at its parks in Speke and Hamilton in Scotland. At the New Mersey Retail Park in Speke, the retail warehouse…
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Requirement freeze puts Berkshire park back on market
A 75,000 sq ft building on a Berkshire business park is back on the market after a pharmaceutical firm froze its requirement.
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Agent claims north of England is ‘punching below weight’
The north of England attracted record levels of property investment in the first half of 2005 but is still punching below its weight.
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Former CD plant converted to 40,000 sq ft business park
A former CD manufacturing plant on the English/Welsh border has been redeveloped into a 40,000 sq ft rural business park. Owner Wyastone Estate said its new Wyastone Business Park, three…
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Ashtenne increases South Wales portfolio
Ashtenne Industrial Fund has increased its South Wales portfolio with the purchase of units 1-18, John Baker Close, Llantarnam Park, Cwmbran.
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LDA buys Olympic site business base
The London Development Agency (LDA) has paid around £19m for a 187,000 sq ft shed at ProLogis Park, east London, for businesses displaced from the Olympic site.
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Liberty in business park venture with Doughty Hanson
Liberty Property Trust, the US REIT, has paved the way for a business park alliance with UK private equity firm Doughty Hanson with a £100m transaction between the two companies.
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UK Coal considers bid for £260.3m property portfolio
UK Coal says it is to consider a takeover bid which targets its £260.3m property portfolio. The bid, from John Moulton’s private equity group Alchemy Partners, Sir Tom Farmer and…