Schroder REIT appoints Sanjay Patel as non-executive director
Schroder Real Estate Investment Trust has appointed Sanjay Patel as an independent Non-executive Director with effect from 1 January 2024. Patel will be a...
Realty Income to buy Spirit Realty Capital in $9.3bn deal
Realty Income Corporation and Spirit Realty Capital have entered into a definitive merger agreement under which Realty Income will acquire Spirit in an all-stock...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Mary Ricks joins British Land as non-executive director
British Land has appointed Mary Ricks as a non-executive director, effective 1 November 2023. Ricks is a highly experienced real estate professional who brings over...
TPG makes takeover offer for Belgian REIT Intervest
Alternative asset management firm TPG's real estate equity investment platform TPG Real Estate Partners has filed a formal notice with the Belgian Financial Services...
Warehouse REIT sells two assets for £9.5m
Warehouse REIT has sold two assets totalling £9.5 million, together 30% ahead of the 31 March 2023 book value, reflecting an average net initial...
British Land secures planning for Southwark logistics scheme
British Land has received a resolution to grant planning permission for a c. 140,000 sq ft multi-level last-mile logistics scheme on Mandela Way in...
Moorfield launches REIT to invest in UK residential-for-rent market
UK-focused real estate investment manager Moorfield Group has launched MREIT, its new private real estate investment trust that will initially target acquiring existing and newly-built homes...
Home REIT sells 137 properties for £23m
Home REIT has sold further 137 properties, representing 5.6% of the REIT's portfolio by number, for £22,8m with completion expected in approximately one month's time. The...
CapitaLand Ascott Trust divests four properties in France for €44m
Singapore-listed lodging trust CapitaLand Ascott Trust (CLAS) has divested four mature serviced residences in regional France for €44.4 million (S$64.7 million). The four properties...
