DTZ Receivers has announced the sale of its second multi-million pound portfolio of distressed properties in less than a week. Yesterday we reported the real estate adviser has ordered the off-loading of a triple-asset portfolio that included two Scottish... Read More
With news from Scotland revolving around the upcoming referendum, it is often forgotten that many businesses must continue as normal in the days leading up to the 18th. However, this has been brought into sharp relief by the sale of the Ferguson shipyard in... Read More
A and J Mucklow — the largest Stock Exchange listed investment property company in the Midlands — has reported a 150 per cent surge in its annual profits. 81-year-old firm, which went public in 1962, has also seen the value of its portfolio... Read More
Savills has increased its involvement with a Midland’s manufacturing hub by negotiating the sale of a development plot and agreeing to market two new zones within the scheme. The Homes and Community Agency and Birmingham City Council, joint owners of... Read More
A £2.5m local authority sponsored grant has kick-started the construction of a 110-acre Yorkshire distribution and manufacturing development. Leeds City Council brokered the financing deal — with cash from the Government’s Building Foundations for... Read More
Jaguar Land Rover (JLR) has confirmed it is establishing its high-performance and luxury vehicle operation at a Warwickshire site which once housed a Peugeot car plant. The Prologis owned site at Ryton is not far from JLR’s existing Coventry... Read More
DNA and medical laboratories are leading a surge in North-East industrial property take-up. The first half of 2014 saw more than a million-and-a-quarter sq ft of space contracted — double the figure for the same period last year. According to Simon... Read More
Working is about to start on Gateshead’s first speculative light industrial estate for more than six years thanks to European and local cash incentives of almost four-million pounds. The 6.5-acre park is being built next to the A1 (M) at Birtley by... Read More
A 10-month-old Sheffield property company has negotiated a deal for Marks & Spencer which will see the retailer take more than half-a-million square feet of space at the city’s International Rail Freight Terminal. The agreement is the firm’s fifth... Read More
Business space investor and manager, Segro, has demonstrated its commitment to the Midlands’ logistics “golden triangle” by acquiring three distribution warehouses in the region for just under £50m. The portfolio — made up of fully let... Read More
