Industry sector
news

JV formed to develop multi-let urban warehousing

Developer Chancerygate and real estate investor Hines have formed a new joint venture to develop multi-let urban logistics schemes in the UK following the success of their previous partnership which saw some 1 million ft2 of floorspace delivered in eight scheme.

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Super Smart snaps up Fradley shed

Chinese ecommerce logistics provider CIRRO Fulfillment, trading as Super Smart Service, has snapped up NFU and Ergo joint venture Aver’s 354,00 ft2 warehouse at Fradley Park, Lichfield in the Midlands.

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Rail freight judicial review plea quashed

CAMPAIGNERS LOOKING to stop the development of a strategic rail freight scheme in Hertfordshire have had their pea for a judicial review regarding the sale of the land by the council thrown out in the high court.

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Two deals for Yorkshire scheme

Henderson Park and Cole Waterhouse have secured two tenants on their 136-care million ft2 plus Konect62 industrial and logistics scheme in Knottingley, Yorkshire in the space of a month.

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Take up in warehouse space increases

According to a sneak peek at property consultant DTRE’s 2024 Q2 industrial and logistics report due out on Monday the amount of space let or sold has increased by more than 10% quarter-on-quarter.

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Huge speculative warehouse planned for Yorkshire

Real estate developer Panattoni, is set to develop a 770,000 ft2 speculative warehouse in Yorkshire after securing forward funding through Barings to acquire and develop a 65 acre site on the  Nottinghamshire/Yorkshire border.

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Spec warehouse for Wigan

Developer Trebor is looking to speculatively develop a warehouse in Wigan following an off-market acquisition of a 7.3 acre plot at Martland park.

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Greggs chooses Kettering for new NDC

Greggs has chosen Tritax Symmetry’s 2.31 million ft2 Symmetry Park Kettering scheme in the East Midlands, as the location for its new state-of-the-art national distribution centre.

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Grey space availability on the up

Grey space – which in property terms means whole or part warehouses for sole use of another occupier that is on the market either via assignment or sub lease – is at an 11-year high according to property analyst CoStar Group.

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