Tag: Logistics Property

Tritax forward funds pre-let Northamptonshire Distribution Warehouse

Posted on 7 September, 2015 by Neil Bird under Commercial Developments

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

Rising Demand triggers boom in Speculative Industrial Development

Posted on 25 August, 2015 by Kirsten Kennedy under Commercial Developments

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

Tritax reports Profit Leap and Valuation Surge

Posted on 21 August, 2015 by Neil Bird under Industry News

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

UK Cities lead the way in Prime Logistics Rental Growth

Posted on 17 August, 2015 by Neil Bird under Industry News

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

2015 shaping up to be another Good Year for SEGRO

Posted on 28 July, 2015 by Kirsten Kennedy under Business News

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

Logistics Supply Crisis sparks Big Shed Development Boom

Posted on 21 July, 2015 by Cliff Goodwin under Commercial Developments

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

Delin Capital adds to European Logistics Portfolio with second Amsterdam acquisition

Posted on 17 July, 2015 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

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 Share Issue set to raise £54m Investment Capital

Posted on 18 June, 2015 by Neil Bird under Business News

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

Harworth secures Third Signing at Landmark Logistics North Site

Posted on 11 June, 2015 by Cliff Goodwin under Business News

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

Land Sale clears way for Welsh Scheme as European Industrial take-up increases

Posted on by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets, Industry News

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