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.
Beale Infrastructure has unveiled a revised $3.6 billion data centre design in Pima County that eliminates industrial water use and highlights its commitment to sustainable development.
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.