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Labour’s new planning and housebuilding proposals will boost demand for space and increase rental growth in the country’s logistics market, write DTRE’s Robert Taylor and Will Elvidge.
Industrial outdoor storage
Lender interest in industrial outdoor storage is marked by £29.4m loan provided by Leumi UK.
German lender provided an acquisition and development facility to US property company.
The CFO of the US logistics developer says lenders need help to ensure ESG-focused loans comply with EU regulations.
The logistics firm will use the proceeds to refinance bank debt that expires in January 2025.
US manager BGO has issued a five-year facility of £64m in one of its ‘high conviction’ logistics markets.
Europe and the Americas are moving at a different pace on sustainability action, says Chris Pyke, chief innovation officer for GRESB.
Otera Capital, a subsidiary of Caisse de dépôt et placement du Québec, has provided the logistics loan in partnership with the bank. 
The logistics owner has made £94.3m of disposals in the past year as it aims to reduce the variable rate element of its debt.
The consultant’s newly launched sustainability index finds industrial properties are less impacted by sustainability than offices and retail.
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