News
The portfolio of approximately 195,000 sq ft consists of Cathedral Industrial Estate, Guildford (95,000 sq ft); Northumberland Court, Chelmsford (63,000 sq ft); and Cowley Business Park, Oxford (37,000 sq ft).
Occupier take-up to end Q3 has reached 2.3m sq ft, down 15% on the same period in 2018, with the third quarter the poorest quarterly performance in three years, reports DTRE.
DTRE said Q3 saw just 685,000 sq ft of take-up and said it is "hard to escape the reality that the Brexit induced slowdown engulfing the UK has seen occupiers adopt a wait and see approach".
Kier Property, the development division of Kier Group, in joint venture with Maple Grove Developments, has sold its Tri-Link140 industrial scheme in Normanton to Huntingdonshire District Council for an undisclosed sum.
JLL represented the vendors and Huntingdonshire District Council was represented by DTRE.
Alberta Investment Management Corporation (AIMCo) and XLB have prelet 46,000 sq ft at 1 Causeway Park in Staines upon Thames to Gartner UK in the largest deal in the Thames Valley this year.
Telereal Trillium has instructed DTRE to sell £110m of freehold office buildings let to the UK Government.
LondonMetric Property has let two logistics warehouses across 138,000 sq ft at its Bedford Link Logistics Park.
Sovereign has leased all of The Florence Building which has subsequently been sold to LGIM, CoStar News can reveal
DTRE has been recognised in the latest CoStar investment agents league tables. They transacted over £3.3bn in 2018, and would like to thank the clients that helped to make 2018 a record-breaking year.
Industrial developer Goodman Group has acquired a 9.5-acre site in Park Royal, west London.
Chancerygate and Hines’ new joint venture has acquired its first two sites, totalling nine acres of land.
Orchard Street has bought Trade City, a multi-let industrial estate in Reading for £15.7m, on behalf of St. James’s Place UK.
Tritax Big Box REIT has completed the forward-funding acquisition of an Amazon fulfilment centre in the North East for £147.3m.
US-based real estate investment trust, Liberty Property Trust, has purchased a 1m sq ft warehouse and logistics portfolio from Leftfield Properties for £111m.
Tritax Big Box REIT has struck a deal to forward fund a pre-let logistics sortation centre in Merseyside.
One of the best known names in European logistics is joining niche property consultancy Dowley Turner Real Estate.
Singapore’s Ascendas Reit has entered the UK logistics market with a £207m purchase of a portfolio of 12 assets...
Tritax Big Box REIT has committed up to £120.7m to forward fund a new logistics fulfilment centre at Link 66, Darlington.
Mountpark Logistics EU has sold a portfolio of assets to M&G Real Estate for £94m.
Clearbell Capital has bought a multi-let industrial estate from Infrared for £16.5m to add to its Cara portfolio of UK industrial and logistics assets...
