Industrial
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Marconi Corporation takes 80,000 sq ft in Coventry
Marconi Corporation has taken an 80,000 sq ft distribution warehouse at Chase Commercial’s Chase Park, close to Coventry’s Ricoh Arena. The telecommunications giant has signed up for Chase Point One,…
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St Modwen poised to net first prelet at Hilton scheme
St Modwen is poised to net its first prelet for its 70-acre Hilton Business Park, near Ashbourne in Derbyshire. The Midlands-based developer has submitted an outline planning application for a…
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ProLogis signs two warehouse leases in Frankfurt
ProLogis announced that it had signed two leases totalling 148, 545 sq ft on warehouses in Frankfurt, Germany. The industrial giant said work had begun on a 93,110 sq ft…
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Gazeley/Standard Life in £20m Kent purchase
Gazeley, in a joint venture with Standard Life Investments, has purchased 126 acres of Kemsley Fields Business Park, in Sittingbourne, Kent, for £20m.
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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…