Tag: Industrial Property

Royal London completes Major Merseyside Industrial letting

Posted on 15 February, 2015 by Chris Grigorovsky under Industry News

One of the UK's leading investment companies, Royal London Asset Management (RLAM), has let three industrial units in the largest leasehold deal in Merseyside in the last twelve months. The adjoining 210,000 sq ft Atlantic Park units have been let to... Read More

Speculative Industrial Development in Leeds Enterprise Zone attracts strong Occupier Interest

Posted on 7 February, 2015 by Kirsten Kennedy under Top Properties

Enterprise zones have become huge drivers of growth in cities around the country, with the low business rates incentives and growing supply of space for emerging and established companies boosting local economies. However, until recently speculative... Read More

Somerset Factory sold for Undisclosed Sum

Posted on 31 January, 2015 by Chris Grigorovsky under Commercial Sales and Lets

One of the largest factories in the South West, Woodberry Bros & Haines (WBH) Ltd furniture factory, has been sold to Briarwood Products for an undisclosed amount by the Restructuring and Recovery team at GVA in Bristol. The 500,000 sq ft WBH Highbridge... Read More

High-Tech Refurb key to lettings rush at Monkspath Business Park

Posted on 16 January, 2015 by Cliff Goodwin under Top Properties

A high-tech refurbishment that included the installation of fibre optic broadband has prompted a rush of lettings at a West Midlands industrial park. Of 11 vacant units on Solihull’s Monkspath Business Park, ten — totalling more than 116,520 sq ft of... Read More

Ocean Portfolio purchased by Legal & General Property

Posted on 16 December, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Legal & General Property (LGP) has completed a deal to buy the entire Ocean Portfolio for £226.5 million, representing a net initial yield of 6.5 per cent. The Ocean Portfolio is comprised of 13 different sites located throughout the UK, although... Read More

Waterways Trust to develop two Birmingham Sites

Posted on 15 December, 2014 by Cliff Goodwin under Commercial Developments

The Canal & River Trust is searching for investors and developers to help it unlock the potential of two Midlands waterside sites. The first scheme involves the £20m regeneration of an industrial site at Wharfdale Park. Birmingham City Council has... Read More

Manufacturers and Distribution Firms compete for Dwindling North West Industrial Supply

Posted on 5 December, 2014 by Cliff Goodwin under Industry News

Manufacturers are being forced to go head-to-head with distribution and haulage businesses as the shortage of North West industrial property deepens. The drought in readily available space has been highlighted by defence and missile systems maker,... Read More

Goodman unveils Derby Warehouse Plans

Posted on 28 November, 2014 by Cliff Goodwin under Commercial Developments

One of Australia's biggest logistics property groups claims it will create hundreds of British jobs if its plan to build a Derbyshire "big hut" is approved. Goodman — which owns, develops and manages warehouses and large scale logistics... Read More

Historic BAE Site snapped up by New Partnership

Posted on 27 November, 2014 by Cliff Goodwin under Commercial Sales and Lets

The Humberside site on which British Aerospace developed its Hawk jet trainer — used by the RAF's Red Arrows display team since 1979 — has been sold in a £10m deal. East Yorkshire’s Humber Enterprise Park, on which BAE Systems still has a... Read More

Mailbox co-owner in joint venture Business Park acquisition

Posted on 6 November, 2014 by Cliff Goodwin under Commercial Sales and Lets

Saltley Business Park in Birmingham has been sold to new joint venture owners as part of the £146m sell off of Hansteen UK Industrial Property Unit Trust’s (HPUT) 42-asset portfolio. The West Midland’s commercial estate — situated north of the... Read More