Workspace CEO Graham Clemett to retire this year
Workspace Group PLC has announced that Graham Clemett, Chief Executive Officer (CEO), will retire in 2024, following the appointment of his successor and the...
Home REIT divests 103 properties
Home REIT, at a public auction conducted on January 23, 2024, has exchanged on the sale of an additional 103 properties, representing 4.8% of...
Warehouse REIT reports 22.1% rise in Q4 contracted rent
Warehouse REIT has announced a robust quarter of leasing activities for the three months ending on December 31, 2023. According to the company, this...
Custodian Property Income REIT divests industrial unit in Milton Keynes
Custodian Property Income REIT realized £8 million from the divestment of an industrial unit in Milton Keynes, marking a 9.5% or £0.7 million premium...
Blackstone to acquire Tricon Residential in $3.5bn deal
Blackstone and Tricon Residential have announced that Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust (BREIT) will acquire all of the...
Custodian and Abrdn Property Income Trust seal merger deal
Custodian Property Income REIT plc (CREI) and abrdn Property Income Trust Limited (API) have reached agreement on the terms and conditions of a recommended...
W.P.Carey divests State of Andalusia office portfolio for $359m
Global net-lease REIT W. P. Carey has sold a portfolio of 70 office properties net leased to the State of Andalusia for $359 million...
LondonMetric, LXi create UK’s first triple net lease REIT with £6.2bn portfolio
LondonMetric and LXi have entered into a strategic merger, laying the foundation for the creation of a major UK Real Estate Investment Trust (REIT). LondonMetric...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million. As announced on 22 November...
LondonMetric pays £21.2m for Doncaster distribution warehouse
LondonMetric Property has bought a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%. The 264,000 sq ft regional logistics warehouse is let...
