CBRE completes purchase of TH Real Estate European logistics portfolio

CBRE Global Investment Partners (GIP) has completed the purchase of the TH Real Estate European logistics portfolio for around €350 million. CBRE will now have seven logistics assets of around 600,000m² in Spain, France, Germany and the Netherlands. Jeremy Plummer, head of CBRE Global Investment Partners, said of the deal, “The acquisition gives our investor ...

Continue reading...

Royal Mail Local Collect network extended

1,222 new collection points for the Royal Mail Local Collect have been opened at delivery offices across the UK. The network already has 10,500 collection points at Post Offices around ...

Continue reading....

Trimble buys PocketMobile

Global positioning system specialist Trimble has bought Stockholm based PocketMobile, an enterprise mobile workforce solutions provider with a number of high profile clients in postal services, logistics, security and field ...

Continue reading....

Connect Group turnover benefits from buying Tuffnells

UK distribution company Connect Group saw higher turnover this financial year after buying parcel freight business Tuffnells. Though profits were down, revenues increased significantly due to Tuffnells input, and this ...

Continue reading....

Amazon to buy out remaining 75% stake of Colis Prive

Amazon is about to buy the final 75% of the French parcel delivery company Colis Prive. Earlier this year the online shopping giant bought a 25% stake in the delivery ...

Continue reading....

Argos to run eBay delivery service

UK high street giant Argos and online marketplace eBay have agreed a deal whereby consumer sellers can send their goods to buyers by dropping them off at a local Argos ...

Continue reading....

Alibaba opens new European offices

Chinese manufacturer to worldwide market marketplace Alibaba is to open new offices in a number of countries in Europe according to the Wall Street Journal. The business, which attracted $9.3 ...

Continue reading....

Different online shoppers do different things in different nations – Global Online Shopping Study

According to the second Global Online Shopping Study from Pitney Bowes, people from different countries shop online differently. Understanding how these differences occur is key for a company that wishes ...

Continue reading....

Ikea France signals move toward e-commerce instead of shop openings

Home furnishings giant Ikea France has signalled it may slow down its rate of shop openings in favour of concentrating on its e-commerce business. This follows Ikea Australia doing a ...

Continue reading....

August Bluetooth lock and app launched

San Francisco startup August has launched a new Bluetooth lock and app system that will enable couriers to deliver goods into a home even when the resident is away from ...

Continue reading....