Industrial
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Warehouse REIT set to recommend Blackstone takeover
The board of Warehouse REIT said it is “minded to recommend” a £489m takeover offer from Blackstone to its shareholders. Blackstone’s most recent and final proposal of 115 pence per…
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LondonMetric agrees £44m Highcroft acquisition
LondonMetric Property has agreed the terms of a £44m takeover of Highcroft Investments, a logistics and retail warehousing-focused REIT. If the deal is approved, Highcroft shareholders will receive 4.65 new…
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Lettings hat-trick at Bedfordshire industrial estate
BrightBay Real Estate has signed a trio of occupiers at Bilton Way Industrial Estate in Luton, Bedfordshire. Cromwell Tools has taken a 10-year lease on a 16,700 sq ft warehouse;…
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Aberdeen eyes £700m private logistics push
Aberdeen is set to expand its logistics and living investments in the UK. Anne Breen, global head of real estate, told Estates Gazette the company wants to build a logistics business with…
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Developers acquire industrial site from Barnsley Council
The site has planning for three units totalling approximately 125,000 sq ft
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Tritax Big Box adds to rent roll
Company says activity picked up in second half
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Manchester Airports Group and Prologis team up to launch industrial park
The new park will be a designated East Midlands Freeport site
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Strong Q4 for Picton as portfolio value grows 2.2%
Net assets at the end of the quarter stood at £536.8m, compared to £524.8m on 30 September
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Optimism grows in the future of industrial and logistics real estate
Some 40% of occupiers expect to require more space in the next two years, report finds
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Harworth’s record year sets it on track for £1bn pipeline by 2027
Current land pipeline could deliver 33m sq ft of industrial space and 31,000 new homes
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Indurent Park Wellingborough hits full occupancy with CTDI lease
The engineering firm has leased a 184,000 sq ft grade-A unit
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Green light for £95m Sunderland industrial estate
The scheme will deliver more than 860,000 sq ft of warehouse space