NG Bailey has secured a 115,000sqft industrial unit near Leeds to support Tata Group’s £4bn battery gigafactory, the UK’s largest electric vehicle battery plant. The refurbished Shawcross 115 facility, leased from Crossbay, will serve as a key production and engineering hub, providing enhanced capacity for the project and strengthening the region’s strategic role in the EV supply chain.
Lovett Industrial, a Houston-based real estate investment firm, has officially broken ground on Hermitage Logistics Hub, a 213,840-square-foot Class A industrial facility on 52.64 acres in Hermitage, TN. This marks the company’s second industrial development in the Nashville market, reinforcing its commitment to meet growing demand for premium logistics space in the region.
Harleyford Capital and Fiera Real Estate have secured a £25.5 million debt facility from QuadReal Property Group to fund Watford Works, a 180,000 sq ft Grade A logistics scheme in London. The project, targeting BREEAM Outstanding and EPC A+ ratings, is due for completion in Q4 2026.
Global real estate investment manager Invesco Real Estate and Logistics Capital Partners have announced a £250 million logistics and industrial park in Thamesmead, London. Covering 67 acres, the project will provide 800,000ft² of new industrial space and is expected to generate 1,500 jobs, alongside meeting top-tier sustainability standards.
Blackstone is reportedly close to a £1bn deal to sell logistics assets to Tritax Big Box REIT, just weeks after the two competed in a bidding war for Warehouse REIT. The agreement could see Blackstone take an equity stake in Tritax Big Box.
7X has officially launched its National Network for Logistics (NXN) during the Universal Postal Congress in Dubai, establishing a unified platform for postal, parcel, and logistics services across the UAE.
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