McKay sells freehold interest in Reading office building for £19m
McKay Securities Plc has agreed to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town centre, to...
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...
Cousins Properties to sell Charlotte office tower for $455m
Cousins Properties, a fully integrated, self-administered and self-managed real estate investment trust (REIT) announced that Truist Financial Corporation, a merger between BB&T and SunTrust,...
Healthcare Realty forms joint venture with TIAA
Healthcare Realty Trust Inc. and Teachers Insurance and Annuity Association (TIAA) have formed a joint venture to invest in medical office buildings.
Healthcare Realty...
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...
AXA IM-Real Assets buys U.S. logistics portfolio for $875m
AXA Investment Managers - Real Assets (AXA IM - Real Assets) has announced the acquisition of a c. 7,984,000 sqft logistics portfolio for $875 million (€720...
Aberdeen to acquire full ownership of Tritax Management by 2029
Aberdeen Group plc has announced plans to increase its ownership in Tritax Management LLP, one of the UK’s largest logistics real estate managers, in...
GPT retail portfolio value reduces by 8.8 percent
Australia’s property group and the ASX-listed company GPT Group announced that it has independently revalued its retail portfolio as at 31 May 2020.
The...
What is real estate investment trust (REIT)?
A real estate investment trust (REIT) is simply a particular type of company such as an investment fund or security that owns, operates, acquires,...
Supermarket Income REIT buys Waitrose portfolio for £74.1m
Supermarket Income REIT plc has acquired a portfolio of supermarkets via a sale and leaseback transaction with Waitrose & Partners (Waitrose) for £74.1 million (excluding acquisition costs), reflecting a...
Schroder European REIT leases office space in Hamburg
Schroder European Real Estate Investment Trust plc (SERE) has completed a new five-year lease agreement for a further floor at Hammerbrookstraße 94, its Hamburg...
Alistair Elliott joins LondonMetric as non-executive director
LondonMetric has appointed Alistair Elliott as an independent Non-Executive Director with immediate effect.
Alistair Elliott was most recently senior Partner and Chair of the Knight...
