COPT, Blackstone form data center shell joint venture
Corporate Office Properties Trust (COPT) has formed a joint venture with Blackstone Real Estate Income Trust (BREIT), Inc. to acquire seven of COPT’s existing,...
LondonMetric divests retail park in Leeds for £25.2m
LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor.
The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...
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....
Kimco Realty announces new $2bn revolving credit facility
Kimco Realty Corp. (NYSE:KIM) announced that it has closed on a new $2.0 billion unsecured revolving credit facility with commitments from 21 lending institutions,...
Landsec agrees £245m sale of London office building
Land Securities Group (Landsec) has exchanged contracts for the unconditional sale of Queen Anne’s Mansions (QAM), its 353,000 sq ft office building in Victoria,...
Colony Capital launches Colony Capital Fundamental US Real Estate Index
Colony Capital has launched the Colony Capital Fundamental US Real Estate Index, a rules-based (smart-beta) strategy that invests in the common stocks of real...
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...
Abrdn Property Income Trust sells office asset in Manchester
Abrdn Property Income Trust has sold an office asset in Manchester for £4.3m.
This sale price reflects a 2.3% decrease from the asset's June 2024...
Icade to dispose of residual residential portfolio for €49.4m
Icade is selling its residual portfolio of individual condominium housing units located in 28 towns in the Paris region for €49.4m excluding duties.
The REIT...
LondonMetric signs grocery lettings totalling 67,000 sq ft
LondonMetric Property has signed three new grocery lettings totalling 67,000 sq ft in Ashford, Totton and Tonbridge.
The lettings will generate £1.2 million of...
Home REIT sells 137 properties for £23m
Home REIT has sold further 137 properties, representing 5.6% of the REIT's portfolio by number, for £22,8m with completion expected in approximately one month's time.
The...
Nextensa sells stake in Belgian REIT Retail Estates
Belgian real estate investor and developer Nextensa has announced the sale of its entire 8.99% stake in Belgian real estate investment trust (REIT) Retail...
