UK industrial REIT Hansteen has gone from opportunistically acquiring assets in the UK and Europe to selling off the bulk of its European portfolio into a strong market in the past 12 months. With only a fraction left, does this signal the firm's exit from the opportunistic space? Robin Marriott investigates.
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E-tailers may not - yet - provide the largest occupier base for logistics developers, but it’s certainly the fastest growing and sure looks like one of the most exciting, reports Robin Marriott.
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Logistics developer-investor Gazeley has acquired a land plot in the London Docklands area to speculatively develop the UK’s first three-storey logistics facility.
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Panattoni Europe is to develop a 10,000 m2 manufacturing facility for glass specialist Pilkington IGP at Bialystok in northeastern Poland.
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Prologis, the global industrial property specialist, has started construction of a CO2-neutral logistics centre for comestics group L’Oréal in Germany.
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Delin Capital Asset Management (DCAM) is to develop 300,000 m2 of new logistics space in the Netherlands over the next 18 months.
The fund manager is also launching development in the UK and Spain and is targeting a committed development pipeline of 900,000 m2 across the three markets by 2019, managing director Ekaterina Avdonina tells PropertyEU.
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Logistics Capital Partners (LCP) has announced two new developments projects in Italy, with a combined total footprint of over 160,000 m2, for online retail giant Amazon.
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WDP, the Brussels and Amsterdam-listed logistics specialist, is backing the expansion of the distribution capacity for Dutch online retailer Wehkamp.
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Gazeley and Argan, both investors and developers of logistics, revealed on the second day of EXPO REAL that they have been awarded a major French development deal.
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The European arm of US logistics developer Panattoni has merged with the UK's First Industrial to form a new development company in the UK, named First Panattoni.
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