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St. Modwen Logistics adds West Bromwich assets to urban portfolio

Blackstone portfolio company St. Modwen Logistics has purchased c.150,000 sq ft of prime urban logistics estate comprising four units in West Bromwich. The assets are...

St. Modwen Logistics to develop second phase of Derby park

St. Modwen Logistics has invested almost £60m to develop an additional c. 350,000 sq ft of new warehouse space at St. Modwen Park Derby. Due...

Warehouse REIT divests two distribution assets for £29.5m

Warehouse REIT has completed the sale of two distribution assets totalling 269,000 per sq ft for £29.5 million, generating an ungeared IRR of 9%. The...

Kennedy Wilson to add new industrial units to UK portfolio

Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...

AEW UK REIT acquires retail warehousing unit in Preston

AEW UK REIT has purchased a freehold solus retail warehousing unit in Bamber Bridge, Preston for £6,450,000, reflecting a low capital value of £110 per sq ft and an attractive net...

Clarion Partners pays £52m for two warehouses in UK

Clarion Partners Europe has acquired two distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million from  Equites Property Fund.. The investments represent...

LondonMetric sells multi-let industrial portfolio for £46m

LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%. The disposal is slightly...

St. Modwen Logistics buys warehouse units in Burton-upon-Trent and Coventry

St. Modwen has continued the expansion of its UK logistics platform with the acquisition of modern warehouse units in Burton-upon-Trent and Coventry.  In Burton-upon-Trent, St...

EDC, Stoford secure consent for 2m sq ft Bristol logistics scheme

Epta Development Corporation (EDC) and developer Stoford have secured planning consent for the development of c.2 million sq ft of new industrial, warehouse and logistics...

M7 achieves full occupancy at Lombardy Retail Park in Middlesex

M7 Real Estate has let c. 12,500 sq ft of retail warehouse space at Lombardy Retail Park in Hayes to Currys, an omnichannel retailer...

Tritax Big Box divests three assets for £125m

Tritax Big Box REIT has agreed to sell three logistics warehouse assets for a net consideration of £125 million, reflecting a blended net initial yield...

Panattoni to build logistics park at Burgess Hill, UK

Panattoni has begun construction of a 452,469 sq ft last-mile logistics scheme at Burgess Hill, 45 miles south of London. Construction at Panattoni Park Burgess...

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