Cromwell European REIT divests office building in Milan
Cromwell Property Group has sold the Piazza Affari 2 office building in Milan on behalf of Cromwell European REIT (CEREIT). This transaction marks the first...
Segro pays £120m for Hertfordshire land
Segro has acquired 419 hectares of land located at the former Radlett Aerodrome site in the Upper Colne Valley, Hertfordshire. The land is strategically located close...
SL Green sells stake in NYC building to Japan’s Mori Trust
SL Green Realty has sold a 49.9% interest in 245 Park Avenue in New York City to a U.S. affiliate of Japanese firm Mori...
Prologis to buy industrial portfolio from Blackstone for $3.1bn
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in...
AEW UK REIT divests two industrial assets for £16.1m
AEW UK REIT has divested two industrial assets, being Euroway Trading Estate, Bradford and Lockwood Court, Leeds, for £16,100,000. This reflects a blended net initial yield (NIY) of 6.2%...
LXi REIT divests St Albans retail park for £31m
LXi REIT has sold a retail park in St Albans to a UK institution for £31 million, equating to a net initial yield of 4.7%. The property is let...
Icade divests housing units in France for €40m
Icade has sold a portfolio of individual condominium housing units to the RLF Group for €40 million. The latest in a series of sales,...
IREIT to buy French retail portfolio for €76.8m
Singapore-listed real estate investment trust IREIT Global has agreed to acquire a portfolio comprising of 17 retail properties located across France for approximately €76.8...
UKCM divests logistics asset in London for £74m
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in London for £74 million, reflecting a net initial yield...
LondonMetric divests warehouse in Solihull for £21m
LondonMetric Property has agreed to sell a DHL logistics warehouse in Solihull for £20.5 million, reflecting a NIY of 4.15% with a rent review due later this...