Industry sector
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DHL warehouse sells for £25 million

Property investment company URBZ Capital, on behalf of its capital partner Ivanhoé Cambridge has paid Schroders Capital UK Real Estate Fund (SCREF) £25 million for a warehouse let to DHL in the Midlands.

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Royal Mail takes Deptford warehouse

Royal Mail has taken two refurbished units totalling 9,000 ft2 at SEGRO’s SEGRO Park Deptford scheme in Southeast London as it continues with its programme of upgrading  depots and sorting offices in line with its 2040 net zero promises. 

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Port logistics developments funded 

Two port-based logistics developments in Colchester and Birkenhead are being brought forward by EPISO 5 (European Property Investors Special Opportunities), a fund managed by Tristan Capital, in conjunction with Tungsten Properties.

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New development director for sustainable logistics jv

Alex Reynolds is the new development director in charge of Greenbox, a sustainable logistics development joint venture between logistics development company Citivale and global private markets firm Partners Group, which was set up earlier this year.

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DHL takes over Sainsbury’s Basildon site

DHL has taken over the 381,505 ft2 former Sainsbury’s /Argos  distribution centre in Basildon, Essex, which was earmarked for closure as part of Sainsbury’s consolidation plans announced in January this year.

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West Yorkshire warehouse deal

White goods, kitchen appliances and fittings wholesaler Apelson Appliances UK has agreed to lease a warehouse on the Normanton Industrial Estate in West Yorkshire.

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