St Modwen will has agreed another lease at St Modwen Park Lincoln after haulage, storage and distribution firm George H Kime & Co Ltd signed for a 54,793 sq ft industrial and logistics unit on 15-year deal.
Deals & Transactions
Industrial and logistics sector assets investment volumes increase sixfold in a decade, says Savills
Industrial and logistics assets are now firmly at the heart of core investment strategies and, according to Savills, have accounted for a record 20 per cent of the total investment volume into real estate in the first half of this year.
Patron Capital's majority-owned luxury care home development business, Hamberley Development, has agreed a forward commitment to sell its next state-of-the-art care home to European healthcare REIT Aedifica for approximately GBP14.5 million.
Property consultants Commercial Property Partners (CPP) has advised Cosy Direct – an ethical outdoor play equipment provider – on its latest move to a GBP2 million warehouse on the Derbyshire/Stafford border.
Ashwood Business Park in Northumberland is set to benefit from a GBP4 million investment from major international forecourt operator Euro Garages.
SEGRO and Icade, one of France’s leading commercial developers, have signed preliminary agreements to acquire land for the redevelopment of the Gobelins rail station, in the 13th district of Paris.
Commercial property consultancy Kirkby Diamond has expanded its operations with the acquisition of property management and asset management specialist Granby Martin Surveyors.
Harworth Group (Harworth), a regenerator of land and property for development and investment, has purchased a Short-Term Operating Reserve (STOR) facility in Newport, South Wales.
Glasgow’s 150 Broomielaw has been sold in one of the biggest UK office deals outside of London since the start of the Covid-19 pandemic.
Munich-based investment manager Catella Real Estate AG (CREAG) has acquired The Bassin, a 159-apartment student housing complex in Maastricht, built on the initiative of Mulleners Vastgoed.