Industrial
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Central Cardiff development site goes up for sale
DTZ has been brought on board to find a buyer for a 4.2 acre site vacated by Cardiff-based ships’ anchor and chain maker Beal & Son.
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…. as UK Land wins race to develop key site at Newcastle airport
UK Land Estates has been selected as developer for a 600,000 sq ft mixed use scheme at Newcastle International Airport. The developer was selected over Amec from a shortlist of…
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Frontier cashes in on shed schemes
Frontier Estates has sold three industrial and warehouse schemes to New Star Asset Management for £25m, a net initial yield of around 6.75%.
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ProLogis begins spec construction of Didcot shed
ProLogis has begun the speculative development of a 168,000-sq ft shed in Didcot, Oxfordshire. The building is scheduled for completion in May, with the quoting rent in the region of…
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Car part production plant set for Dove Valley Park
A Japanese automotive manufacturer is about to purchase a production plant at Conder Developments’ Dove Valley Park in south Derbyshire. Futaba, which supplies body parts to car manufacturers including Toyota,…
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Wolseley plans two new distribution centres
Building merchant chain Wolseley plans to spend £100m on two new distribution centres to bolster its UK operation. The supplier of building materials and plumbing and heating products hopes to…
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Steady profits reported by UK manufacturing companies
Manufacturing companies’ profits remained steady in the third quarter of last year. The Office for National Statistics said the rate of return for firms in the sector was estimated at…
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LSH says industrial returns to halve in 2005
Returns for industrial property will fall by 50% next year but the sector will still outperform the market as a whole.
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Regional airport passenger growth drives office rents
Out-of-town office rents in the regions have grown strongly in areas that have seen significant increases in regional airport passenger numbers.
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Brixton seals 132,000 sq ft of Trafford Park lettings
Industrial specialist Brixton has let 132,000 sq ft of space at Trafford Park, Manchester, in a series of deals. In the largest deal, JM Logistics has signed for the 114,000…
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Brixton disposes of more offices in deals worth £400m
Brixton has moved another step towards selling out of offices in order to concentrate on industrial property with disposals to Delancey and Teesland.
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ProLogis buys site for Italian distribution park
Industrial property specialist ProLogis has bought 70 acres (28 ha) of land in Veneto, a region of northern Italy, to develop a 1.5m sq ft (142,000 sq m) distribution park,…