Bowyer Bryce has let Unit 26 on the Great Cambridge Industrial Estate in Enfield to Medlock Electrical Distributors at a rent of £35,120 per year subject to an outstanding rent review from March 2010. The single-storey industrial unit comprises 3,353 ... Read more
Relative investment prospects for commercial property in the UK improved during the final quarter of 2011, says DTZ, whose Fair Value Index score for the UK rose to 53 for Q4 2011 from 33 for the previous quarter. The firm has revised upwards its ... Read more
Occupier demand for ‘big box’ distribution and industrial units for sale and to let (Grade A properties of more than 100,000 sq ft) is likely to remain restrained in the first half of this year, given the economic outlook, says Jones Lang LaSalle. ... Read more
The supply of Grade A distribution properties and industrial units for sale and to let in the UK continued to tighten last year, falling 28% to 13.1m sq ft, says Lambert Smith Hampton, while levels of secondary space fell 4%. In its National ... Read more
Segro has sold a portfolio of UK industrial assets to two property funds managed by Ignis Asset Management for £80.2m. Segro says this is part of its new strategy to focus its industrial portfolio on London and the South East. The five non-core UK ... Read more
Glenny LLP and National Grid Property Holdings have announced the letting of a 76,000 sq ft industrial unit in Dartford. Unit D at Littlebrook Business Centre, a warehouse facility located by the QEII Bridge, has been let to road haulage firm MJD ... Read more
Helical Bar today updated the market on its current trading, saying that it had continued to add to its portfolio with £90m of acquisitions completed since September 2011. These include land and buildings in Corby for £70m. The group has also bought ... Read more
The performance of UK commercial property last month was slightly weaker than the solid finish seen to 2011, says CBRE. The firm’s Monthly Index for January shows total returns on UK commercial property of 0.3%, down from the 0.5% recorded in ... Read more
Take-up of industrial property across the UK during Q4 2011 reached 7.45m sq ft, says DTZ – the highest quarterly total for more than a year. The firm, now part of UGL Services, says that despite this high fourth-quarter figure, the total take-up for ... Read more
Lambert Smith Hampton’s team covering the market for industrial property and logistics property for sale and to let on the South Coast has been considering the prospects for this year. Director Adrian Whitfield says there was a fall in transaction ... Read more
