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Workspace names Lawrence Hutchings as CEO Designate

Workspace names Lawrence Hutchings as CEO designate

Workspace Group has appointed Lawrence Hutchings as its CEO Designate. Lawrence Hutchings will replace Graham Clemett, who informed the board in January of his...
WP Carey seals €80m sale-leaseback deal for industrial and R&D portfolio

WP Carey seals €80m sale-leaseback deal for industrial and R&D portfolio

W. P. Carey has closed a €80 million sale-leaseback transaction in March 2024, involving an industrial and R&D portfolio totaling approximately 103,000 square meters. The...
UKCM shareholders overwhelmingly back merger with Tritax Big Box REIT

UKCM shareholders overwhelmingly back merger with Tritax Big Box REIT

UKCM shareholders overwhelmingly approved the proposed merger with Tritax Big Box REIT at recent meetings. In a strong show of support, around 95% of UKCM...
Supermarket Income REIT buys Carrefour store portfolio in France

Supermarket Income REIT buys Carrefour portfolio in France

UK-based Supermarket Income REIT has expanded its portfolio with the acquisition of a portfolio of Carrefour supermarkets in France. The deal was structured as...

Marcus Sperber joins SEGRO as non-executive director

SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May 2024. Marcus Sperber is a Fellow of the Royal Institution...
Derwent London divests Clerkenwell building for £77.4m

Derwent London divests Clerkenwell building for £77m

Derwent London has agreed to sell its freehold interest in Turnmill, the 70,300 sq ft office and retail building in Clerkenwell, EC1, for £77.35m....
KKR to buy student housing portfolio from Blackstone for $1.64bn

KKR to buy student housing portfolio from Blackstone for $1.64bn

KKR has agreed to acquire a portfolio of 19 purpose-built student housing properties from Blackstone Real Estate Income Trust (BREIT) for $1.64 billion. The over...

Gerry Murphy joins Capital & Regional as non-executive director

UK focused retail property REIT Capital & Regional has appointed Gerry Murphy as a Non-Executive Director, effective from today.  Murphy will join the Audit,...
Picton completes sale of Angel Gate office building for £29.6m

Picton completes sale of Angel Gate office building in London

UK-based REIT Picton has completed the sale of its second-largest office asset, Angel Gate in London EC1. The final sale price of £29.6 million reflects...

Regional REIT secures major tenants at Lightyear in Glasgow

Regional REIT announced that Lightyear, its Grade A office building near Glasgow Airport, has achieved over 90% occupancy. This follows the recent leasing of...
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