Inovalis REIT enters Spanish real estate market with office buy
Inovalis REIT, a Canada-based real estate investment trust, has entered the Spanish real estate market with the acquisition of two connected office buildings in...
Madison Centre in Seattle sells for $730m
Boston Properties has acquired Madison Centre, a 37-story Class A office property in Seattle, Washington, for $730 mlillon.
“We are thrilled to acquire Madison Centre, one...
Covivio appoints Jean-Luc Biamonti as chairman
France-based real estate investment trust company Covivio has appointed Jean-Luc Biamonti as chairman.
An independent director of Covivio since 2011, Jean-Luc Biamonti succeeds Jean...
LondonMetric JV buys retail asset in east London for $38m
LondonMetric Property has purchased a triple net retail asset from an open ended property fund for £38 million through one of its joint ventures.
This reflects an...
URW acquires Hammerson’s 50% stake in Croydon Partnership
Unibail-Rodamco-Westfield (URW) has acquired Hammerson’s 50% stake in the Croydon Partnership, a 10 hectare parcel which includes the Whitgift and Centrale shopping centres as...
Vornado, Hudson Pacific, Blackstone to invest $350m in Manhattan studio campus project
Vornado Realty Trust, Hudson Pacific Properties, Blackstone, the City of New York, and New York City Economic Development Corporation (NYCEDC) have entered into Manhattan’s...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million.
As announced on 22 November...
Custodian REIT sells two industrial units for £15m
Custodian Property Income REIT has offloaded two industrial units for a combined total of £15 million.
The sale of a unit in Weybridge was...
King’s partners with British Land and AustralianSuper for Canada Water science campus
British Land and AustralianSuper have signed a Memorandum of Understanding (MoU) with King’s College London to establish a science and technology innovation campus at...
Colonial and SFL consider merger to expand prime real estate portfolio
Inmobiliaria Colonial and its 98.24%-owned subsidiary, Société Foncière Lyonnaise (SFL), have announced that their Boards of Directors are considering a merger of SFL into...
URW divests shopping centre in Valencia for €305m
Unibail-Rodamco-Westfield (URW) has announced an agreement to sell Bonaire, a prominent open-air shopping centre in Valencia, Spain, to Castellana Properties, the Spanish subsidiary of...
Segro secures new lettings at Slough Trading Estate
Segro has announced more than 60,000 sq ft of new lettings at Slough Trading Estate, welcoming a diverse mix of occupiers from logistics, engineering,...
