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Urban Logistics splashes £56m on UK sheds

SOURCE: CoStar News Urban Logistics has completed £56.1m of UK sheds acquisitions as it begins deploying the proceeds of an £136.1m fundraising, which completed just days before the UK went into lockdown because of the coronavirus. The acquisitions comprise an NHS distribution centre in Normanton, a regional distribution centre in Rubery and a portfolio of […]

Urban Logistics acquires £56m of assets

SOURCE: React News Urban Logistics has deployed £56.1m of assets following its recent fund raise. Its acquisitions include a seven-asset, 482,012 sq ft portfolio from Paloma Capital. The £31.9m deal with Paloma is made up of single-let regional distribution warehouses with the price reflecting a net initial yield of 6.8%. It has a capital value […]

SUCCESS AT THE 2019 INDUSTRIAL AGENTS SOCIETY AWARDS

M1 Agency advised three Clients who achieved notable success at the Industrial Agents Society Awards 2019. Nuveen won the ‘Best Industrial Investment Transaction’ for RD Park, Hoddesdon; Mulberry/Frogmore won the ‘Best Overall Scheme – Logistics Park’ for Midlands Logistics Park, Corby and Total Developments were finalists for ‘Best Overall Scheme – Multi-let Industrial Estate’ at […]

Urban Logistics REIT offers a 5.4% yield & so much more

We are all familiar with the crisis faced by high street retailers but the other side of the coin is the need for new logistical infrastructure to support the rise of online shopping. One investment trust that aims to meet some of this need is Urban Logistics Reit, which joined the junior Aim market as […]

The Race For Space

The Online delivery service is booming, placing an ever-growing strain on developers to build more storage utilities. But what happens when the supply of land can’t keep up with the demand? In 1994, a little-known American called Jeff Bezos embarked on a 2800-mile drive from New York to Seattle with $300,000 he had borrowed from […]

Ford & Walmart team up to test self-driving car delivery

Ford Motor is partnering with Walmart and online delivery service Postmates to study how consumers would handle self-driving cars delivering groceries and retail items. The move reflects an effort to learn consumer expectations that will shape the development of new driverless vehicle technology, the automaker has announced.

Tritax agree 945,000 sq ft forward funding for BSH Home Appliances at MLP

Conditional to full planning consent, the purpose-built facility will span a gross internal area of 945,375 sq ft and become BSH’s largest UK distribution centre for its home appliances range including brands such as Bosch, Siemens and Neff. Tritax Big Box’s investment represents a net initial yield of 5.2%.

Speciality sectors gain ground as European real estate draws investors

Large investment inflows into speciality property sectors, such as logistics, industrials, healthcare and hospitality, are expected to lead to a substantial increase in the market value of Europe’s listed real estate sector over the next five years.

Can Amazon repurpose retail space for last-mile logistics?

This week, reports emerged that Amazon is bidding aggressively on some of the 42 Homebase stores that have hit the market as part of the DIY retailer’s CVA process

DHL PLACES $4.7BN FREIGHTER ORDER WITH BOEING

DHL has ordered 14 Boeing 777 freighters in a deal worth some $4.7 billion.

UK sets out vision for ‘frictionless’ trade after Brexit

The government has finally published its detailed proposals for the future trading relationship between the UK and the European Union.

CONSOLIDATION CENTRES CAN IMPROVE AIR QUALITY

Urban Consolidation Centres can play an important role in helping local authorities to meet emission targets and reduce congestion, according to the Transport Systems Catapult.

Amazon’s new warehouse policy will start penalising sellers who store products for too long

Amazon has poured billions of dollars into warehouse expansion during the past decade to make room for the massive influx of inventory the company is storing for third-party sellers.

Capital Industrial acquires Havelock Terrace, Battersea

Capital Industrial, advised by M1 Agency have acquired a terrace of industrial units in Battersea from a private investor.

Eddie Stobart Limited, Midlands Logistics Park

Tritax Big Box REIT has exchanged contracts to provide forward funding for the development of a regional distribution centre prelet to Eddie Stobart

Pacific REIT acquires YP Portfolio

Pacific Industrial & Logistics has completed the off-market acquisition of a portfolio of six logistics assets from Oxenwood YPL Limited

PROCUREMENT AND SUPPLY CHAIN JOBS UP 13% IN THE UK YEAR-ON-YEAR

The number of procurement and supply chain jobs in the UK rose by 13% in Q3 2017, compared to the same time in 2016.

Equites Property Fund acquires Reading distribution facility

Exton Estates has secured forward funding for two distribution warehouses on an eight-acre site at Island Road, south of Reading town centre.

The Telegraph: Facing the increasing challenges of urban logistics

E-commerce is booming with more customers ordering food, shopping and other services online each day.

Ultrabox Portfolio

Oxenwood Real Estate has completed the acquisition of a portfolio of prime logistics properties in the UK for £286m

Addleshaw Goddard Logistics Report: The disruption and evolution of logistics and industrial property

E-commerce has changed our world. Whether at home or on-the-move, we can buy furniture, order groceries or purchase a gift from the other side of the world