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Union Investment acquires logistics scheme in Venlo (NL)

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Union Investment has acquired the “Greenfield” logistics project in Venlo, the Netherlands. “Due to its location and connectivity, Venlo is one of the most important logistics locations in Europe. The logistics centre is located between the ports of Rotterdam and Antwerp as well as the European hinterland and is a trimodal location that is not only well connected to the motorway network but also benefits from an inland shipping terminal and a newly built freight yard ”, said Stephan Riechers, Head of Investment Management Logistics & Light Industrial at Union Investment.

 

The project is located in the “Greenport” business park. The development of a logistics property with a total rental area of 61,750m² will be built by the end of the third quarter of 2022. Sustainability certification according to BREEAM “Good” is planned. The seller Hessing, a leading specialist in the market for sliced fruit, vegetables and ready meals, is also the future tenant of the property with a 20-year lease. The parties have agreed not to disclose the purchase price of the property.

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Dusty Hill, bassist for rock band ZZ Top, dies aged 72

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Dusty Hill, bassist for rock band ZZ Top, has died at the age of 72.

Hill, who had recently suffered a hip injury, died in his sleep, as confirmed by a statement on Instagram from band-mates Billy Gibbons and Frank Beard.

“We are saddened by the news today that our Compadre, Dusty Hill, has passed away in his sleep at home in Houston, TX,” it read. “We, along with legions of ZZ Top fans around the world, will miss your steadfast presence, your good nature and enduring commitment to providing that monumental bottom to the ‘Top’. We will forever be connected to that ‘Blues Shuffle in C.’ You will be missed greatly, amigo.”

His recent injury had meant that Hill was forced to miss performances as part of the band’s summer tour. There have been no further details on cause of death.

ZZ Top’s first single was released in 1969 after the demise of Moving Sidewalks, the band that Gibbons had previously formed. Their first concert, with Hill included, was in 1970 and the year after their first album was released.

The band would go on to find fame with 15 albums and were best known for hits including 1983’s Gimme All Your Lovin’ and 1984’s Legs. In 1984, Hill also accidentally shot himself, something he remained lighthearted about years later.

“My first reaction was ‘s**t!’ and then ‘ouch!’ ” he said in a 2016 interview. “I couldn’t believe I’d done something so stupid. To this day, I don’t know how I could do it.”

As well as playing bass guitar, Hill also played keyboard and sung backing and lead vocals for the band. They were all inducted into the Rock and Roll Hall of Fame in 2004.

He made appearances in Back to the Future Part III and Deadwood and also played himself in King of the Hill.

“I don’t believe in regrets at all,” Hill also said in 2016. “What’s the point? There are things I’ve done that, if I had my time all over again, I would do differently – or not at all. But I am the sort of person who, once something’s done, just brushes it away and gets on with life.”

Tributes are coming in from the industry, including from Flea who referred to Hill as “a true rocker” and Go-Gos member Kathy Valentine who tweeted that Hill is “a Texas icon”. – Guardian

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Would you forget holiday lets and rent a staycation home for 6 months?

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Have you been trying to book a family staycation in Britain this summer only to be met with either a lack of availability or prices that feel more suitable to being flown on a private jet to the Caribbean?

Demand for holiday lets in England has soared amid the pandemic and confusion about travel overseas restrictions.

It has led to reports of families being quoted tens of thousands of pounds for a week’s stay in this country, with one father-of-three saying he was quoted more than £70,000 for a week’s stay in Cornwall for himself and his family. 

So is there a solution that enables you to get away and enjoy a series of holidays in this country for less, if you take advantage as much as possible?

We took a look at what it costs to rent a property for six months and whether this could be cheaper than booking several individual family holidays during that time. 

Demand for holiday rentals in areas such as St Austell in Cornwall (pictured) have increased amid the pandemic, pushing up prices

Demand for holiday rentals in areas such as St Austell in Cornwall (pictured) have increased amid the pandemic, pushing up prices

If you are going to rent a property to use as a frequent holiday let, there are issues you need to research such as whether it is fully furnished

If you are going to rent a property to use as a frequent holiday let, there are issues you need to research such as whether it is fully furnished

If you are able to arrange things quickly and sign a six-month shorthold tenancy agreement in the next few weeks, there may even be time to squeeze in a fortnight’s holiday in August, then another break later this year during half term, and even a week or two at Christmas.

However, if it proves too late to arrange something this year, perhaps you might decide it may be worth looking into it for next year and seeing what types of properties can be rented where and for what price.

For those thinking they may still be able to largely work from home this time next year, this could allow a family to spend the bulk of the summer holidays by the seaside – and invite down friends and family as guests.

There are obviously factors that you need to watch out for, including whether the property is furnished, unless you are prepared to take all your own cutlery and blow-up beds during your stays.

And you also need to check what – if any bills – are included. Landlords are sometimes willing to negotiate including some household bills such as water rates but otherwise you will need to factor in the cost of utilities, council tax and insurance.

Ultimately, a six month rental costing about £6,000 or more is unlikely to involve splashing out less than you would on a few weeks of a holiday let, but in terms of pounds per day you can spend there it might compare favourably.

There may be other factors that you need to watch out for. For example, a condition of your insurance might be that you do not leave the property empty for than 30 days, so you may need to plan to book in some additional weekend visits. 

Mark Hayward, of lettings body Propertymark, added a word of caution, saying: ‘It is crucial that renters read any tenancy agreement carefully making sure to leave the property as stipulated, and pay attention to any inventory attached to the tenancy. 

‘It is increasingly common for landlords in holiday areas to avoid a six-month commitment in favour of a very short term let on which they can achieve a premium, and therefore while a longer term holiday rental may appear attractive, in practice it is likely to prove more difficult.’ 

While a direct comparison may mean renting a property for six months is more expensive, it still provides the flexibility to use the property as much as you want. And remote working means it may be possible to use it during the week more frequently if there is a separate home office space. 

Properties to rent in tourist areas 

We take a look at three properties in Cornwall, Devon and the Cotswolds that can be rented for less than £1,000 a month on a minimum six-month tenancy agreement.

It compares to a potential £2,000 to £3,000 that a family of four may spend on a two week summer holiday alone, without getting to enjoy holiday lets at Christmas, half term or any additional time such as weekends.

1. Two-bed flat in Falmouth, Cornwall, £865 a month 

This two-bedroom terrace property in St Austell, Cornwall, is available to rent for £850 a month via Mid Cornwall letting agents

This two-bedroom terrace property in St Austell, Cornwall, is available to rent for £850 a month via Mid Cornwall letting agents

The property in St Austell has a garden with a lawn area, a patio and a good-sized garden shed

The property in St Austell has a garden with a lawn area, a patio and a good-sized garden shed

This two-bedroom terrace property is in the Charlestown area of St Austell in Cornwall.

It is on the outskirts of St Austell town centre and is within walking distance of the sea and the beach.

It is available to rent for £850 a month, via Mid Cornwall letting agents.

2. Three-bed cottage in Loddiswell, Devon, £895 a month 

This three-bedroom property in Devon is available to rent for £895 a month via letting agents Charles Head

This three-bedroom property in Devon is available to rent for £895 a month via letting agents Charles Head

There aref ar-reaching views of the surrounding countryside from the Loddiswell rental home

There aref ar-reaching views of the surrounding countryside from the Loddiswell rental home

This newly renovated cottage is in Loddiswell in Devon’s Kingsbridge, and boasts far-reaching views of the surrounding countryside.

The three-bedroom property is available to rent for £895 a month via letting agents Charles Head. 

It is ten miles from the luxury seaside hotspot of Salcombe and seven miles from Bantham Beach on the mouth of the River Avon. 

3. Two-bed house in Tetbury, Gloucestershire, £995 a month 

This two-bedroom terrace cottage is in Gloucestershire's Tetbury and is available to rent for £995 a month, via letting agents Moore Allen & Innocent

This two-bedroom terrace cottage is in Gloucestershire’s Tetbury and is available to rent for £995 a month, via letting agents Moore Allen & Innocent

The property has a good-sized garden and views of the surrounding countryside in the Cotswolds

The property has a good-sized garden and views of the surrounding countryside in the Cotswolds

This two-bedroom terrace cottage is in Gloucestershire’s Tetbury, which is in the Cotswolds.

It includes off-road parking and is available to rent for £995 a month via letting agents Moore Allen & Innocent.

Tetbury is about two and a half hours from London by road and 45 minutes from Bristol, which is 30 miles away. 

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Belfast community ‘in shock’ as murder investigation launched following death of child

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A north Belfast community is in shock and numb after a murder investigation was launched following the death of a young child, the MP for the area has said.

A woman has been arrested following the incident involving two young children in the Ardoyne area of the city on Tuesday evening.

Ambulance crews had earlier taken the two children to hospital following what is understood to have been a domestic stabbing incident in Brompton Park.

Police later confirmed that a child had died. A second child is being treated for injuries in hospital.

Sinn Féin North Belfast MP John Finucane said the area where the tragedy occurred is a very tight-knit community.

He told the BBC: “Houses are very close to each other, neighbours are very close to each other.

“I think as the area started to try to get to grips with what was unfolding before them, I think shock and a certain sense of numbness just befell everybody.

“I think it’s always very difficult in these circumstances, when we’re dealing with ages so young.”

Social media

Mr Finucane added: “We have to be mindful that the police have arrested one person, that there’s a murder investigation that has commenced.

“I would like to take another opportunity just to urge people to be very cautious on social media, not just with the words that they say but also with any videos that people are thinking of sharing.

“I would urge people not to do that; not only would it add to the distress of families who are dealing with a horrific situation, I think people just need to be mindful and sensitive.

“It’s so difficult to comprehend. I think everybody who is waking up to this news this morning or was watching or listening to this unfold, when we’re dealing with somebody so young, it compounds the hurt.

“Our thoughts are, obviously, hoping to be very positive for the other child who’s critical. But, again, we just need to allow the authorities to come in and do their process and carry out their investigation.”

A Police Service of Northern Ireland (PSNI) spokesman said: “Police have commenced a murder investigation following the death of a child in the Brompton Park area of north Belfast and made one arrest in relation to this.

“The investigation is at an early stage and further information will be provided in due course.”

Shock

SDLP deputy leader and North Belfast MLA Nichola Mallon said the local community was in shock.

“It is important that the PSNI are given the space and full co-operation to fully investigate this terrible incident,” she said.

The Northern Ireland Ambulance Service received a 999 call at 8.16pm on Tuesday.

A rapid response paramedic and two emergency crews attended.

People Before Profit councillor Fiona Ferguson said the news was “truly devastating”.

“A wave of shock began in Brompton Park last night and spread out across north Belfast,” she said.

“After something so shocking, community solidarity, community support, rallying around each other is going to be absolutely paramount.” – PA

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