Tritax Big Box REIT has announced that it has exchanged contracts to acquire the land and provide forward funding for the development of a Northamptonshire distribution warehouse. The £67 million facility, at Warth Park in Raunds, has been pre-let in... Read More
Increased demand for industrial and logistics space has led to speculative development rising by more than 400 per cent when compared to the first half of 2014. According to DTZ, the total take-up in the first half of the year was 16.7 million sq ft,... Read More
Logistics property specialist Tritax Big Box REIT has this morning reported a significant increase in operating profit and portfolio valuation. Profit for the first half of the year came in at almost £73.8 million, compared with £8.21 million in June... Read More
Edinburgh, Glasgow, Manchester and Bristol were among the European cities experiencing the highest growth in prime industrial rents during the first half of the year. The news comes in the latest Industrial and Logistics Snapshot from global property... Read More
Industrial and logistics property specialist SEGRO, has released a first half report showing a pre-tax profit of £330 million, comparing favourably to the same period in 2014 when a sum of £226.5 million was achieved. A large part of this growth was... Read More
Britain’s “chronic” shortage of distribution facilities has sparked a 16m sq ft “Big Shed” development boom during the first half of 2015, according to research published by BNP Paribas Real Estate. The rush to build logistics warehouses -... Read More
Acting on behalf of clients, Delin Capital Asset Management (DCAM) has acquired a high specification warehouse in Amsterdam via a sale and leaseback transaction with fashion brand G-Star Raw. The 37,000 sq m (398,000 sq ft) facility was built by G-Star... Read More
Tritax Big Box has today announced a new share issue designed to raise capital for investment in further UK logistics assets. The real estate investment trust has issued 47,787,607 new ordinary shares at a Placing Price of 113 pence per share, which is... Read More
One of the North of England’s biggest property and regeneration companies has secured a third letting for its flagship logistics park. American-owned mining equipment company, Joy Global, is moving from its present base at Ince, near Wigan, to... Read More
A report from DTZ shows that European logistics and industrial take-up increased by 6% in Q1 2015 compared to last year. A total of 3.8 million square metres of industrial space was leased in the first quarter of 2015 due to high demand for European... Read More
