Blackstone to acquire AIR Communities in $10bn deal
Blackstone announced today Blackstone Real Estate Partners X will acquire Apartment Income REIT Corp. (AIR Communities) in a $10 billion all-cash deal. The purchase...
Hines Global adds Venlo retail warehouse to Dutch portfolio
Hines has purchased a 20,000 square-meter retail warehouse adjacent to its existing investment, Fresh Park Venlo located in Venlo, Netherlands. This acquisition was executed on behalf of...
Supermarket Income REIT increases unsecured facility with SMBC to £104.5m
Supermarket Income REIT has increased its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) by £37.5 million to £104.5 million. The interest-only facility matures in...
Aedifica adds central London care home to portfolio
Belgian REIT Aedifica has invested approx. £15.5 million in the acquisition of a trading care home in central London (UK). Rosewood House is located in...
Picton divests London office asset for £29.6m
UK-based REIT company Picton has announced the sale of its second-largest office asset, Angel Gate located in London's EC1 district. The sale agreement is...
Custodian REIT sells two industrial units for £15m
Custodian Property Income REIT has offloaded two industrial units for a combined total of £15 million. The sale of a unit in Weybridge was...
Keppel REIT to buy 50% interest in Sydney CBD office building for A$364m
Keppel REIT has entered into an agreement to acquire a 50% interest in 255 George Street, a Grade A office building in Sydney's central...
Deutsche Konsum REIT divests 14 retail properties
Deutsche Konsum REIT, a listed real estate company focused on German retail properties, has sold a portfolio of 14 retail properties. The buyer is an...
Rexford buys industrial portfolio from Blackstone for $1bn
Rexford Industrial Realty has acquired about 3 million square feet of industrial properties from Blackstone Real Estate. The deal involved multiple transactions with different...
LondonMetric appoints Sandy Gumm as non-executive director
LondonMetric Property Plc has announced the appointment of Sandy Gumm as a Non-Executive Director to the Board of Directors, effective March 27, 2024. Sandy Gumm is...
