43-hectare industrial land parcel in Melbourne sold to Frasers Property
Frasers Property Australia has purchased a 43-hectare premier industrial land parcel from a private syndicate in Melbourne’s West for A$27.5 million.
Situated at 917...
Norway’s fund, Prologis JV invests in $2bn U.S logistics portfolio
A joint venture between Norway's sovereign wealth fund Norges Bank Investment Management which manages the world's largest sovereign wealth fund with assets of...
M&G Real Estate buys logistics property in Italy for €24m
M&G Real Estate has acquired a Grade A LEED Gold logistics property in the Veneto region of Northern Italy from Prologis for €24 million....
Orchard Street sells logistics asset in West Yorkshire for £13m
Commercial property investment firm Orchard Street Investment Management (Orchard Street) has sold NHS logistics unit operated by Unipart in Normanton, West Yorkshire, to Urban...
CIM Group acquires industrial property in Fort Worth, Texas
CIM Group has acquired Junction 20/35, an industrial property located at 7550 Oak Grove Road in South Fort Worth, Texas.
Built in 1989, the purpose-built...
ESR, Manulife JV buys logistics real estate portfolio in China
A joint venture between ESR and Manulife has acquired four institutional-grade logistics properties from Redwood China Logistics Fund (RCLF) for approximately RMB1.7 billion (approximately...
Legal & General gets planning permission for Cambridge industrial development
LGIM Real Assets (Legal & General), on behalf of its Managed Property Fund, and development partner Wrenbridge have secured planning permission to transform a...
Amazon to open two new fulfillment centers in Kansas
Amazon.com, Inc. said today it plans to open two new fulfillment centers in Kansas. The new fulfillment centers are anticipated to launch in 2021.
The new...
Amazon announces new fulfillment center to be built in Mississippi
Amazon has announced a new fulfillment center to be built in Madison County, Mississippi. The fulfillment center will be the first facility located in...
Iron Mountain sells 13 industrial facilities to Blackstone for $358m
Iron Mountain announced that it has sold a portfolio of 13 industrial facilities to Blackstone Real Estate Income Trust, Inc. (BREIT) for $358 million...
Schroder REIT buys industrial estate in Manchester
Schroder Real Estate Investment Trust has completed the acquisition of Stanley Green Trading Estate together with an adjoining development site in Cheadle, South Manchester,...
LondonMetric acquires two urban logistics warehouses for £39m
LondonMetric Property Plc has acquired two urban logistics warehouses in Manchester and Birmingham for £39 million, reflecting a blended yield on cost of 4.25%....
