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Moorfield adds two warehouses to urban logistics portfolio

UK-focussed real estate fund manager Moorfield Group has added 123,000 sq ft of warehouse space to its urban logistics portfolio with the acquisition of...

Valor secures £101m loan for prime urban logistics assets in London

Valor Real Estate Partners has finalized a £101 million debt facility with Canada Life Asset Management for five prime urban logistics assets in London....

British Land receives planning consent for London urban logistics scheme

British Land has received planning consent for a 644,000 sq ft multi-storey logistics scheme in Thurrock, Essex. The project, due to begin construction in Q1...

Tritax Big Box REIT divests six assets for £327m

Tritax Big Box REIT has divested six assets so far in its 2023 financial year for £327m, reflecting a blended net initial yield of 4.34%. The six...

St. Modwen and Savills call for logistics planning system reform

St. Modwen Logistics and Savills have called for improvements to the planning system to support the growth of the logistics sector and encourage more...

St. Modwen Logistics leases 40,000 sq ft unit to Kia at...

St. Modwen Logistics has leased a c.40,000 sq ft bespoke unit to global automotive company Kia for use as a cutting-edge new training academy...

Construction works start at UK’s largest logistics development site

Oxford Properties Group and Logistics Capital Partners (LCP) have begun construction work at the UK’s largest logistics development site, West Midlands Interchange. Oxford and LCP...

Nuveen Real Estate signs three lettings at newly developed EOS industrial...

Nuveen Real Estate has signed three new lettings totalling c. 50,000 sq ft at EOS industrial hub, a newly developed Grade A scheme in...

Warehouse REIT sells two assets for £9.5m

Warehouse REIT has sold two assets totalling £9.5 million, together 30% ahead of the 31 March 2023 book value, reflecting an average net initial...

Almcor and Cerberus pay £50m for two UK sites

A joint venture between Almcor and Cerberus Capital Management has purchased two UK sites for £50m for its European Industrial Outdoor Storage (EIOS) platform. The...
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