Warehouse REIT completes four lettings totalling 121,000 sq ft
Warehouse REIT has completed four long-term lettings totalling 121,400 sq ft, increasing portfolio occupancy to 93.3% from 92.7% as at September 30. Paul Makin, Investment...
Custodian REIT changes name to Custodian Property Income REIT
Custodian REIT plc has changed its name to Custodian Property Income REIT plc with immediate effect. The UK REIT said the new name better reflects...
SEGRO prices £350m bond
SEGRO has priced a £350 million, 19-year senior unsecured bond issue, at 175 basis points above gilts, with an annual coupon of 5.125 per...
SEGRO launches community investment plans for key UK markets
UK Real Estate Investment Trust (REIT) SEGRO has launched community investment plans for seven key UK markets. The plans aim to help young and disadvantaged...
GIC, Dream Industrial REIT to acquire Canada’s Summit in C$5.9bn deal
A joint venture between Singapore’s sovereign wealth fund GIC and Dream Industrial REIT (DIR) has agreed to acquire Canada's Summit Industrial Income REIT (Summit) in...
LondonMetric sells two assets for £28.2m
LondonMetric Property has sold two assets for £28.2 million, reflecting a blended NIY of 4.6%. The REIT sold a 61,000 sq ft retail park in...
Custodian REIT divests North-East shopping centre for £9.3m
Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million. The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
Simon Property to acquire 50% stake in Jamestown
Mall owner Simon Property Group has agreed to acquire a 50 percent interest in Jamestown, a global real estate investment and management firm with over $13...
Custodian REIT appoints JLL as its ESG advisor
Custodian REIT has appointed Jones Lang LaSalle Limited (JLL) as its environmental, social and governance (ESG) advisor with immediate effect. According to the REIT, ...
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
