£1.175m deal sees MCM Group secure industrial investment Jul 14, 2023 A Gateshead-based property company has acquired two industrial units in a sale and leaseback deal with a North Tyneside electronics manufacturer. In a £1.175m deal, MCM Group has acquired Units 1 & 2 Neptune Court on Orion Business Park from Parmley Technologies and leased them back to the company by way of a 10-year agreement. The deal releases […] Posted by: Mya Driver Read more
£150m redevelopment of the Enkalon Business Park in Antrim Jan 11, 2023 Plans for the site near The Junction retail park have been submitted by Errigal Group who bought the industrial estate in 2019. At present, the space is being leased to tenants for warehousing, distribution and showroom. Since it’s purchase, the company has conducted £2m worth of upgrade works. It’s envisioned that the project will consist […] Posted by: Nathan Spencer Read more
£3.5m deal for Portsmouth warehouse Jan 16, 2023 The industrial / warehouse building in Havant, near Portsmouth, has been sold for just over £3.5 million. Vail Williams acted for the purchaser in the acquisition of the 21,312 sq ft Independence at 3 Stanbridge Road, Havant, for £3,525,000. A private property investment company, registered in Southsea, Hampshire, was the vendor and the new owner […] Posted by: Mya Driver Read more
£30m logistics facility acquired by Leftfield Feb 1, 2023 A 250,000 sq ft Northamptonshire logistics facility, has been acquired by a property investment firm in a deal worth £30m. Specialist investor, developer and manager of real estate, Arrow Capital Partners, has completed the sale a warehouse in Corby to Leftfield. Rob Howe, head of real estate, Europe, at Arrow Capital Partners, said: “This sale […] Posted by: Nathan Spencer Read more
£50+ million North East Industrial Property Sale Announced Aug 9, 2023 Avison Young, acting on behalf of Aviva Investors has secured the sale of a long income prime industrial property investment in Washington, Tyne and Wear to a Local Government Pension Scheme, for a sale price of £50.15 million reflecting an initial yield of 6.8%. The property built in 2010 is occupied by BAE Systems which […] Posted by: Mya Driver Read more
Abbey Logistics invests in new warehousing space on the Wirral Feb 20, 2023 Abbey, specialists in warehousing services for bag to bulk and bulk to bag handling, has invested in new warehousing space strategically located in Bromborough to store goods for short and long-term stays. Mike Ellis, business development director said “Efficient warehousing services are a core solution to our logistics network. “With multiple storage options, bag to […] Posted by: Mya Driver Read more
Amazon Property launches £250m real estate fund covering multiple sectors Apr 6, 2022 Amazon Property, the leading London investor-developer run by CEO Charles Gourgey and COO Chris Lanitis, has committed, via Amazon Capital (the group’s private equity division), a £250 million real estate fund to invest in joint venture opportunities in the logistics, managed office solution, PBSA, Life Sciences and retirement sectors. Amazon Property built its strong brand […] Posted by: Nathan Spencer Read more
Approval of 190,000 sq ft logistics, manufacturing and R&D scheme ‘Spark’ in Bishops Stortford Apr 25, 2023 Fiera Real Estate UK (“FRE UK”) and Wrenbridge are pleased to announce that plans have been approved for their new 190,000 sq ft Grade A logistics, manufacturing and R&D scheme named ‘Spark’ in Bishops Stortford. FRE UK and Wrenbridge have secured planning at their 8.5-acre site for a 189,536 sq.ft. scheme across twelve units, in […] Posted by: Mya Driver Read more
Aprirose Heathrow logistics development receives clearance for take off Jul 4, 2023 Aprirose, the real estate investment company, has secured planning consent from Hillingdon London Borough Council to develop a prime new industrial and logistics scheme at Heathrow. Located on the site of a former NCP car park, on the corner of the M4 spur road and Bath Road just 100m from the Heathrow Airport, the development […] Posted by: Mya Driver Read more
Avanton secures planning permission for £30m warehouse complex redevelopment in Battersea Feb 23, 2023 Leading London investor-developer Avanton has secured planning permission for the redevelopment of industrial complex Culvert Court in Battersea, following acquisition of the site in June 2022. As the first logistics site in their growing investment portfolio, the consented plans provide for a modern complex with a completed GDV of £30 million. Located at 105 Culvert […] Posted by: Mya Driver Read more
Aver acquires Trebor Developments M6 industrial scheme Mar 8, 2022 Trebor Developments and Seddon Developments have sold their Prime Point 14 speculative, industrial, development to Aver Property Limited Partnership. The site lies one minute from Junction 14 on the M6 Motorway. The two units of 66,628 sq ft and 76,742 sq ft will be constructed during 2022 by Seddon Construction Limited and provide high quality, […] Posted by: Deividas Krupstas Read more
Avison Young releases Big Box review of industrial market Feb 14, 2022 The latest Big Box research by Avison Young confirms that continued high levels of demand for e-commerce facilities have driven occupational activity to reach record levels for large grade A warehouses. For the third consecutive year, take-up has increased, compared to the previous year, totalling 49 million sq ft, 57% up on the five-year average. […] Posted by: Nathan Spencer Read more
