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Prologis Completes Largest Sale of Logistics Real Estate Assets on Record in the UK

Prologis has completed the sale of a portfolio of buildings and land in the UK to real estate funds managed by Blackstone for £473m ($618m).

DTRE Opens For Business in Manchester

DTRE, one of the most successful start-up agents set up in the wake of the GFC, has opened a Manchester office as it ramps up its North West operation.

Mountpark Pushes on With 359,500 Sq Ft Spec Bristol Industrial

Mountpark Logistics has begun construction of a 359,500 sq ft "inventory" cross-docked warehouse at Mountpark Bristol 360 in Central Park, Avonmouth.

Exeter Splashes £150.75M on Nine-Strong UK Industrial Portfolio

Exeter Property Group has completed the acquisition of a portfolio of nine UK industrial assets from BA Pension Fund for £150.75m

Tritax Sells Industrial Trio For £77m Including Brace to Exeter

Tritax Big Box REIT has exchanged on the sale of three assets to two separate purchasers for a total consideration of £77m.

Amazon Shows no Sign of Letting Up as it Takes Gatwick Hub

Goya Developments has signed Amazon for a 41,524 sq ft hub at Unit 5 North Gatwick Gateway as the retail giant's relentless expansion during lockdown continues apace.

Tritax Sells Midlands Amazon to Busy Warehouse REIT in First Disposal

Warehouse REIT, the AIM-listed company, has bought two single-let warehouse assets located in the East Midlands and Cheshire, occupied by Amazon and Wincanton, for £82m, reflecting a blended net initial yield of 5.4%.

Tristan Buys Logistics Portfolio for £68m From Richardson Family

EPISO 5, a fund advised by pan-European investment manager Tristan Capital Partners, has bought a portfolio of 11 new-build logistics buildings for £68m from the Richardson family

DTZ Investors continues non-core sell-off

DTZ Investors has sold a single let warehouse on Eldon Way in Crick, Northamptonshire.

The property comprises a 96,210 sq ft single-let warehouse built in 1993 and now let to ZF Services UK in its entirety at a rent of £495,000 per annum with a lease expiring in May 2020.

Savills Investment Management buys Turbine industrial portfolio from CBRE Global Investors

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).

DTRE’s Rising Star: Does vertical farming have a future in urban logistics?

DTRE's Charlie Wing reflects on his recent experience of leasing urban logistics accommodation at Edmonton Industrial Park to a vertical farming operator. What impact will this new sector have on the urban logistics market?

DTRE sell Tower Thurrock for BlackRock

Argo Real Estate and MELBURG have transformed 160,000 sq ft in Edmonton into an Urban Logistics Hub

Haydock 525 – Largest available warehouse in the North West

Be First acquires warehouse in Barking

Huntingdonshire council buys CMS’s 142,338 sq ft Wakefield industrial hub

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.

LondonMetric pre-lets Bedford distribution centre

LondonMetric Property has let two logistics warehouses across 138,000 sq ft at its Bedford Link Logistics Park.

Beavertown Brewery sign up for 126,595 sq ft at Enfield Distribution Park in a major North London pre-let

West Midlands industrial site heads for sale at striking yield

Royal London Asset Management is nearing a deal to buy a £135m industrial estate in the West Midlands, for what is thought would be a near-record yield for the sector of around 4.25%.

Tritax to buy majority stake in logistics developer db Symmetry

Tritax Big Box REIT is planning to raise £250m through shares to part fund the acquisition of an 87% stake in db Symmetry, a company which owns one of the UK’s largest land portfolios for logistics development.

ANDOVER WAREHOUSE SOLD FOR £6M

A 51,000 sq ft industrial warehouse in Andover has been sold for more than £6m in a deal supported by Lambert Smith Hampton (LSH). Article by Insider Media Limited.

Goodman’s record industrial land buy

Industrial developer Goodman Group has acquired a 9.5-acre site in Park Royal, west London.

Chancerygate and Hines JV makes first buys

Chancerygate and Hines’ new joint venture has acquired its first two sites, totalling nine acres of land.

Deals Of The Year

Orchard Street buys £15.7m industrial estate

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 buys Amazon fulfilment centre for £147.3m

Tritax Big Box REIT has completed the forward-funding acquisition of an Amazon fulfilment centre in the North East for £147.3m.

Liberty Property Trust buys £111m warehouse portfolio from Leftfield

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 funds Haydock logistics centre

Tritax Big Box REIT has struck a deal to forward fund a pre-let logistics sortation centre in Merseyside.

Swissport expands Heathrow cargo capacity through SEGRO deal

Ground handler Swissport has expanded its cargo presence at Heathrow Airport by taking a 36,000 sq ft facility from SEGRO. Article by Air Cargo News.

Singapore’s Ascendas Reit makes £207m UK logistics debut

Singapore’s Ascendas Reit has entered the UK logistics market with a £207m purchase of a portfolio of 12 assets...

Tritax Big Box funds Darlington logistics scheme

Tritax Big Box REIT has committed up to £120.7m to forward fund a new logistics fulfilment centre at Link 66, Darlington.

M&G snaps up £94m portfolio from Mountpark

Mountpark Logistics EU has sold a portfolio of assets to M&G Real Estate for £94m.

Clearbell Makes £16.5M Purchase For Cara

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...