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Haulage firm secures Cornish warehouse

3PL Conway Bailey Transport has paid Tregay Properties around £5.25 million for the freehold of a a 228,5777 ft2 warehouse in Redruth Cornwall, as it looks to expand its transport and logistics offering.

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Blackstone merges logistics property platforms

US private equity firm Blackstone has decided to merge two of its industrial and logistics platforms, St Modwen Logistics, and Industrials REIT, into one company providing one of the largest industrial property REITs in the UK after SEGRO and Tritax.

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Huge Essex logistics scheme proposed

St Modwen Logistics is proposing a 1 million ft2 plus industrial and logistics scheme near Basildon in Essex providing in excess of 1,750 jobs and millions of pounds in business rates the only issue is, is that it is on greenbelt land.

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SEGRO backs warehouse rent growth

FTSE listed property company SEGRO is expecting to see rent levels in its industrial and logistics property portfolio to increase by 53% in the next three years. 

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Brakes takes Amazon shed

Food service operations company Brakes has taken a new 25-year lease on Amazon’s 465,000 ft2 ex-fulfilment centre in Hemel Hempstead.

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M6 warehouse proposals submitted

EXCLUSIVE St Modwen has submitted proposals for a 655,000 ft2 industrial and logistics scheme  on land at Junction 13 of the M6 motorway to South Stafford Council.

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Northwest warehouse rents on rise

Rents for warehouse space in the Northwest have risen by 20% in the last year according to the latest research from regional commercial property consultancy B8 Real Estate.

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