Legal & General buys urban logistics scheme for £23m

Legal & General buys urban logistics scheme for £23m

LGIM Real Assets (Legal & General), on behalf of its Managed Property Fund (Fund), has acquired a 139,288 sq ft urban logistics scheme in...
Singaporean REIT to buy 89.9% interest in German logistics portfolio

Singapore’s FLCT to buy 89.9% interest in German logistics portfolio

Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust (FLCT) has entered into a share purchase agreement with subsidiaries of Frasers...
Clarion Partners Europe secures €30m loan for Paris logistics development

Clarion Partners Europe secures €30m loan for Paris logistics development

Clarion Partners Europe has closed a €30 million senior development loan and a circa €8 million VAT facility from Caisse d'épargne Ile-de-France (of French...
Kajima divests Polish logistics facility as disposals exceed €200m

Kajima divests Polish logistics facility as disposals exceed €200m

Kajima Properties Europe (KPE) has completed the sale of its 33,000 sqm logistics park in Rzeszów, southeastern Poland, to industrial property investor Accolade and...
Oxford Properties and M7 gain approval for East London logistics development

Oxford Properties and M7 gain approval for East London logistics scheme

Oxford Properties and asset manager M7 Real Estate have received planning approval from the London Borough of Newham to redevelop Beckton Gateway Retail Park...
Amazon plans to open fulfillment center in Channahon, Illinois

Amazon plans to open fulfillment center in Channahon, Illinois

Amazon plans to open a fulfillment center in Channahon, Illinois, creating more than 500 new, full-time jobs starting at $15 an hour. Employees at the more than one million-square-foot...
St. Modwen Logistics invests £126m to build eight units across South-West

St. Modwen Logistics invests £126m to build eight units across South-West

St. Modwen Logistics has committed £126m for the speculative development of three logistics sites in the South West, developing a total of 885,000 sq...
Leftfield acquires warehouse in Essex for £23m

Leftfield acquires warehouse in Essex for £23m

Leftfield has purchased a prime industrial and distribution warehouse at Horizon 120 in Braintree, Essex from Abrdn for £23m. The acquired property is a mission-critical...

Clarion Partners acquires majority stake in Gramercy Europe

US real estate giant Clarion Partners, LLC, US real estate investment management business with $50 billion of assets under management, announced that it has...
KKR continues to invest in U.S. industrial real estate assets

KKR continues to invest in U.S. industrial real estate assets

Global investment firm KKR continues to grow U.S. industrial real estate portfolio with its first investment in the Lehigh Valley market. KKR said today that its...

Sirius buys two industrial assets in UK for £31m

Sirius Real Estate has purchased two industrial assets in the UK, in Banbury, just north of Oxford, and Wembley, for just over £31 million,...
Segro confirms proposed £3bn UK logistics joint venture

Segro confirms proposed £3bn UK logistics joint venture

Segro has confirmed that it has agreed heads of terms for the formation of a new 50:50 logistics joint venture with a major international...

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