Industrial property developer Prologis has acquired a 17-acre (7 ha) site in central Luton, formerly owned by Vauxhall Motors and one other private commercial company.
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Canadian investor Ivanhoé Cambridge and UK logistics developer PLP have announced the acquisition of a new 135 acre logistics project located at South Caldecotte in Milton Keynes, south east England, via their existing logistics investment vehicle, PLP UK Logistics Venture (UKLV). Financial details were not disclosed.
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CBRE Global Investors, on behalf of a European separate account client, has acquired Anzola, a 36,246 m2 m fully let logistics asset in Bologna in the Emilia Romagna Region, Italy.
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European logistics specialist Panattoni has strengthened its commitment to use green energy to power its warehouse parks and distribution centres as part of a commitment to achieve carbon neutrality by 2025.
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European logistics specialist VGP has made its first foray in the Bucharest market with the acquisition of a land plot in a prime location near the Romanian capital where it plans to develop a 120,000 m2 multi-tenant business park.
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Allianz Real Estate has acquired a special purpose vehicle (SPV) owning a newly built, last-mile logistics facility in southern Vienna for €72 mln.
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Advisor Cushman & Wakefield has been appointed to sell a portfolio of four logistics assets in Northern Italy for over €50 mln, PropertyEU has learned.
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Clearbell Capital’s Property Partners III fund has secured the planning permission needed to start work on a new mixed-use business park in Maidstone, Kent, in the UK.
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Pan-European logistics real specialist Verdion is significantly strengthening its commitment to the Nordics, with two senior appointments charged with increasing the business’s investment and development activity across the region.
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Logistics focused property investment fund manager Clarion Partners Europe has acquired a portfolio comprising three Spanish logistics properties, totalling 51,000 m2.
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CA Immo’s former chief executive Bruno Ettenauer will take over as CEO of Austrian listed property investor S Immo with effect from 15 March.
