Granite REIT buys 1 msf distribution facility in Atlanta for $69m
Canadian-based REIT Granite has acquired 3090 State Highway 42, a 1 million square foot warehouse distribution facility situated on 85.6 acres in the greater...
Medical Properties Trust to buy five general acute hospitals in South Florida
Medical Properties Trust (MPT) has agreed to acquire five general acute care hospitals from Tenet Healthcare for approximately $900 million.
The hospitals will be leased...
LXi REIT announces £80m acquisitions and £7.8m disposal
UK commercial property investor LXi REIT has announced three acquisitions for a total cost of £80 million, reflecting a net initial yield of 5.25%, and...
JLL Income Property Trust buys Virginia medical office building for $52m
JLL Income Property Trust has acquired 9101 Stony Point Drive, an 87,000-square-foot, world-class, medical office building in Richmond, Virginia for $52 million.
This recently constructed,...
Industrial Logistics Properties Trust to buy Monmouth for $4bn
Industrial Logistics Properties Trust is acquiring Monmouth Real Estate Investment Corporation for $4 billion.
Industrial Logistics Properties Trust (ILPT) Friday said that it had entered...
Supermarket Income REIT grows omnichannel portfolio with £73.2m buy
Supermarket Income REIT has expanded its omnichannel store portfolio wthi the acquisition of Tesco supermarket in Sheffield, Yorkshire, for £73.2 million, representing a net initial yield of 4.5%.
The store was...
Reuben Brothers invests in Welltower’s UK partner
Private equity real estate investment firm Reuben Brothers(RB) has invested in Avery Healthcare with the formation of a 50/50 joint venture partnership with Welltower, an S&P 500...
Warehouse REIT buys Milton Keynes industrial asset for £62m
Warehouse REIT has agreed to acquire Bradwell Abbey Industrial Estate for £62 million, reflects a net initial yield of 4%.
The multi-let industrial estate totals...
LondonMetric buys two retail properties for £23m
LondonMetric has purchased a portfolio comprising two NNN retail properties for £23.3 million, reflecting a blended NIY of 6.7%.
The retail properties generate a rent...
Home REIT acquires 199 properties across England for £85.1m
Home REIT, the real estate investment trust providing accommodation to homeless people, has paid £85.1 million for 199 properties located across England.
These acquisitions were funded...
Addington divests mixed-use property in Cheltenham
Addington Capital has sold 109-117 High Street, Cheltenham, a mixed-use retail and offices property, to Picton (UK) REIT (SPV) Limited for £5.3 million.
The mixed-use...
British Land JV plans 300,000 sq ft life sciences building at Canada Water scheme
British Land and AustralianSuper have appointed Stanton Williams to design a 300,000 sq ft life sciences building as part of the second phase of...
