Industrial
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Formaction lets almost third of Welsh Linpac site
Industrial landlord Formaction has let almost a third of its 49,500 sq ft former Linpac site in Abercarn, South Wales, to Amec Group.
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Quinn Group acquires 700,000 sq ft Welsh industrial site
Quinn Group has completed a deal with the Welsh Development Agency to acquire the 700,000 sq ft former LG Electronics site in Newport, South Wales.
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IPD All Property initial yield falls further seven points
The IPD All Property initial yield fell another seven basis points (bp) in July, from 5.56% to 5.49%, or 48bp over the last eight months.
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ProLogis crosses final bridge to Thames Gateway scheme
ProLogis has finally got the go-ahead for one of the largest mixed-use schemes in the Thames Gateway. The 264-acre “The Bridge” in Dartford, Kent, will be built close to Queen…
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Stretton sells 44,000 sq ft of North Wales warehousing
Developer Stretton Estates has sold more than 44,000 sq ft of warehouse space at its Expressway 56 scheme on Deeside Industrial Park, north Wales.
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Gazeley confirms continental portfolio sale to Curzon
Distribution specialist Gazeley has confirmed that it has sold a portfolio of nine continental properties to Curzon Global Partners. A spokesman for Curzon said that the purchase was “on behalf…
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Quadrant Estates plans speculative business park
A South of England developer is working up plans for a business park in Hailsham, East Sussex. Quadrant Estates is proposing a 110,000 sq ft scheme on the 10-acre South…
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Rokeagle applies to expand Exeter Business Park
Rokeagle has applied for outline consent to expand its Exeter Business Park by 100,000 sq ft. The developer wants to build eight offices, ranging from 8,700 sq ft to 21,800…
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Insight completes first European investment purchase
Insight Investments has completed the first acquisition in its €600m (£413m) Insight European Real Estate Trust investment programme. The €14.25m (£9.8m) acquisition is the start of a programme of commercial…
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News International gets 1m sq ft printing plant go-ahead
Rupert Murdoch’s News International has gained consent for a 1.1m sq ft hi-tech printworks development in Waltham Cross, north London. Broxbourne council approved the plans last night, subject to completion…
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JR Smart secures 21,000 sq ft letting at Cardiff scheme
JR Smart (Builders) has kick-started the second speculative phase of its Capital Business Park, Cardiff, with a 21,000 sq ft letting to ANC Express.
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Insight to build 64,000 sq ft Welsh industrial space
Insight is to speculatively build 64,000 sq ft of industrial space in Bridgend, South Wales, on behalf of Clerical Medical. The £4m York Park scheme at Bridgend Industrial Estate, comprising…