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...Its other assets span hospitality, residential and logistics sectors such as Admiral Taverns and the student housing provider Collegiate....
...The Spanish fund, which owns 59 per cent of Zara’s parent company Inditex, has in the past year announced 10 acquisitions worth €1.1bn spanning logistics, offices and residential property....
...Alex Irving, logistics industry analyst at Bernstein, said InPost, which unlike Royal Mail is profitable, was opening new locations “all the time”....
Ken Griffin’s firm will move into British Land’s flagship development at Broadgate
...UK-based logistics group Wincanton is at the centre of a bidding war, with an agreed buyer increasing its offer and a third party also considering a bid....
...And in February, logistics group Wincanton left French suitor CMA CGM at the altar, preferring instead to recommend a £762mn offer from GXO....
French hotel group’s plan for two superyachts underlines growing Middle Eastern interest in luxury travel sector
...Although UKCM’s warehouses would be a good fit with Tritax’s portfolio, its other assets — including student housing, hotels and offices — would be “a distinct pivot away from [Tritax’s] historically coherent logistics...
...Average advertised wages for warehouse operatives rose 9 per cent to £24,903 between November 2021 and September 2023, according to Logistics UK’s analysis of local job site Adzuna....
...Blackstone concluded a deal to buy another set of logistics properties from Swedish landlord Corem for €490mn. Like many Nordic real estate groups, Corem has been seeking to pay down its debt....
...If the transaction goes ahead, LondonMetric, a FTSE 250 landlord focused on logistics, will acquire all outstanding shares in LXI....
...ecommerce logistics firm YunExpress from Shenzhen to Paris, flying around six times per week....
...He said Maersk had been forced to make “a fair share” of job cuts in its logistics unit, which the group had hoped would be more resistant to economic downturns....
...said Alex Irving, a logistics industry analyst at Bernstein. “I wonder how many customers who allocated volumes to another [delivery business] found, actually, it was OK.”...
Hedge funds take aim at chief executive of UK gambling company
...The farmer’s field between the motorway and her village in Staffordshire in the West Midlands has been identified as a possible site for a major logistics warehouse development....
...Oliver Bethell, director of competition at Google, said: “To comply with the Digital Markets Act, we have made significant changes to the way our services operate in Europe . . ....
Sale of The Restaurant Group comes after months of pressure from activist investors
...Swiss logistics company Kuehne+Nagel moved its regional headquarters from China to Singapore before completing its $1.3bn acquisition of Hong Kong-based Apex Logistics in 2021, according to Joerg Wolle,...
...The UK logistics industry is split over the cost of post-Brexit border checks on food and fresh produce, heaping pressure on the government as it seeks to finalise the long-delayed measures....
...But Christian Sur, executive vice-president of ocean freight at Unique Logistics, said: “The question is always the same....
...Sanjam Gupta, founder of Maritime SheEo and director of Indian logistics group Sitara Shipping, said the industry remained overshadowed by a “patriarchal mindset”....
...(FT) Mike Ashley’s game of spoof over legal bill ‘quite serious’, says Morgan Stanley banker (FT) Microsoft, OpenAI and Nvidia back $2.6bn robot start-up (FT) Bidding war for Wincanton drives up UK logistics...
...has definitely attracted more stringent review than others and you have an administration that has staked its reputation on being a different kind of sheriff, a much more aggressive sheriff,” said Jeff Oliver...
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