Industrial news
SEGRO boosts rent roll by £29m in first-quarter trading
The FTSE 100 industrial giant is planning more development and acquistions after raising £907m in equity in February.
Urban Logistics REIT reports 23% rental growth in final quarter of financial year
The company completed three new lettings and three rent reviews during the quarter.
Yoo Capital appoints five partners for Camden Film Quarter scheme
The project will create a hub for film, creative industries, and education.
Blackstone set to acquire Britishvolt’s gigafactory site for £110m
This comes after Australian start-up Recharge was selected as the preferred buyer in January 2024.
Commercial property investment volumes hit £8bn in Q1
Investment this year is on course to be 12% up on 2023’s total, Savills reports.
Lok’nStore agrees £378m takeover by Belgian rival Shurgard
The Belgian firm has offered £378m to shareholders of London-listed Lok’nStore.
NI office market surges in Q1 as deals slow
CBRE predicts greater opportunity thanks to end of Stormont deadlock and decreasing inflationary pressure.
Arrow Capital Partners buys 88,000 sq ft Dublin industrial asset for €7.5m
The company acuired the twin warehouses for its SIRE joint venture with Cerberus.
TJ Morris and Beetham snap up huge Liverpool industrial estate
The pair are planning a high-rise development cluster with 1,200 homes.
Rolls-Royce gets go-ahead to expand Derby site
Outline approval has been granted for the development of 14 new shed and office buildings.
FIREM bags first tenant at Lancashire industrial park
Structural timber components manufacturer prelets 110,000 sq ft custom-built warehouse.
