Industrial
-
Panattoni enters UK distribution market for the first time
Panattoni, the second-largest distribution developer in the US after ProLogis, has entered the UK market for the first time. The California-based private company will be funding Equity Estates’ purchase of…
-
REI buys mix of properties for £3.5m
Oxford-based Real Estate Investors is buying five individually owned properties in a cash and shares deal worth £3.5m. REI, which is the new quoted vehicle of former Newport chief executive…
-
Maro wins approval for industrial hub in south Manchester
In the North West, Maro Developments has won outline consent for a £30m manufacturing and distribution hub at Carrington First, south Manchester.
-
Entertainment UK takes 167,000 sq ft at Westlands 3
Entertainment UK has taken 167,000 sq ft of the 250,000 sq ft Westlands 3 warehouse in Millington Road, Hayes, Middlesex. The building, owned by BS Pension Fund Trustees, has been…
-
Rising confidence drives UK service sector growth
Improved business confidence helped the service sector to rack up its 22nd consecutive month of growth in January, figures out today showed.
-
Central Cardiff development site goes up for sale
DTZ has been brought on board to find a buyer for a 4.2 acre site vacated by Cardiff-based ships’ anchor and chain maker Beal & Son.
-
…. as UK Land wins race to develop key site at Newcastle airport
UK Land Estates has been selected as developer for a 600,000 sq ft mixed use scheme at Newcastle International Airport. The developer was selected over Amec from a shortlist of…
-
Frontier cashes in on shed schemes
Frontier Estates has sold three industrial and warehouse schemes to New Star Asset Management for £25m, a net initial yield of around 6.75%.
-
ProLogis begins spec construction of Didcot shed
ProLogis has begun the speculative development of a 168,000-sq ft shed in Didcot, Oxfordshire. The building is scheduled for completion in May, with the quoting rent in the region of…
-
Car part production plant set for Dove Valley Park
A Japanese automotive manufacturer is about to purchase a production plant at Conder Developments’ Dove Valley Park in south Derbyshire. Futaba, which supplies body parts to car manufacturers including Toyota,…
-
Wolseley plans two new distribution centres
Building merchant chain Wolseley plans to spend £100m on two new distribution centres to bolster its UK operation. The supplier of building materials and plumbing and heating products hopes to…
-
Steady profits reported by UK manufacturing companies
Manufacturing companies’ profits remained steady in the third quarter of last year. The Office for National Statistics said the rate of return for firms in the sector was estimated at…