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.
Lukoil PJSC plans to sell its international assets amid US and UK sanctions targeting Russia’s largest oil producers. The process is being conducted under a wind-down licence from the US Treasury, with potential licence extensions considered to maintain operations abroad.
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.
Interpolitan Money has launched Property SPV Accounts to support developers, investors, and family offices operating through UK and international Special Purpose Vehicles. The new service offers multi-currency wallets, fast onboarding, and global payment access across 160+ countries, addressing a long-standing gap in real estate banking solutions.
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.
DFI has launched its £500m Techbox platform in the UK with a £90m off-market acquisition of Catalyst Bicester in Oxfordshire from Albion Land. The deal, supported by HSBC UK, marks the first step in DFI’s strategy to build a portfolio of high-quality industrial and technology assets across the UK and Europe.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
