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Global Real Estate Investment Trust (REIT), reits maket news, trends and insights.

LondonMetric sells two assets for £28.2m

LondonMetric sells two assets for £28.2m

LondonMetric Property has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The REIT sold a 61,000 sq ft retail park in...
Custodian REIT divests North-East shopping centre for £9.3m

Custodian REIT divests North-East shopping centre for £9.3m

Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million.  The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
Simon Property to acquire %50 stake in Jamestown

Simon Property to acquire 50% stake in Jamestown

Mall owner Simon Property Group has agreed to acquire a 50 percent interest in Jamestown, a global real estate investment and management firm with over $13...
Custodian REIT appoints JLL as its ESG advisor

Custodian REIT appoints JLL as its ESG advisor

Custodian REIT has appointed Jones Lang LaSalle Limited (JLL) as its environmental, social and governance (ESG) advisor with immediate effect. According to the REIT, ...
Prologis closes $23bn Duke Realty acquisition

Prologis closes $23bn Duke Realty acquisition

Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
Singapore REIT to convert San Diego office property to life sciences property

Singapore REIT to convert San Diego office property to life sciences property

Singapore-listed real estate investment trust CapitaLand Ascendas Reit(CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), has signed a full building lease...
ESR buys Mitsui’s 7.7% stake in ESR-LOGOS REIT Manager

ESR buys Mitsui’s 7.7% stake in ESR-LOGOS REIT Manager

ESR Group has agreed to acquire 7.7% of the total issued shares in ESR-LOGOS Funds Management Limited, the manager of ESR-LOGOS REIT (E-LOG Manager),...
Landsec sells London office development to Lendlease for £809m

Landsec sells London office development to Lendlease for £809m

British commercial property development company Landsec has agreed to sell a London office development, 21 Moorfields, EC2, to an investment vehicle managed by global...
GIC, Oak Street to buy Store Capital in $14bn deal

GIC, Oak Street to buy Store Capital in $14bn deal

Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street, a division of net lease investor Blue Owl, will acquire the internally managed...
Supermarket Income REIT adds Wales Tesco store to portfolio

Supermarket Income REIT adds Wales Tesco store to portfolio

Supermarket Income REIT has acquired a Tesco store in Llanelli, South Wales, for £66.8 million, reflecting a net initial yield of 5.3%. The store was developed...

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