Custodian REIT buys industrial asset near Glasgow
Custodian REIT has acquired a 91,955 sq ft industrial asset between Glasgow and Edinburgh for £11.125 million, reflecting a net initial yield of 5.25%.
The property benefits...
Supermarket Income REIT buys Newcastle Sainsbury’s store for £53.1m
Supermarket Income REIT plc has purchased a Sainsbury's supermarket in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1 million, reflecting a combined net initial yield of 4.1%.
The...
Piedmont buys two Galleria office towers in Atlanta
Piedmont Office Realty Trust, Inc., a self-administered and self-managed real estate investment trust (REIT), announced that it has completed the purchase of Galleria 400...
JLL Income Property Trust buys four-building industrial portfolio for $95m
JLL Income Property Trust has acquired Friendship Distribution Center, a newly constructed, four-building industrial portfolio totaling nearly 650,000 square feet, for $95 million.
The...
KKR and Stonepeak raise offer for Assura to £1.7bn
Assura plc has confirmed its recommendation of a best and final increased cash offer from Sana Bidco Limited (Bidco), an entity indirectly owned by...
Capco, Shaftesbury in merger talks
UK-based property firms Shaftesbury Plc and Capital & Counties Properties Plc (Capco) are in advanced discussions regarding a possible all-share merger of the two...
Blackstone to buy hotel portfolio from Condor Hospitality Trust for $305m
Condor Hospitality Trust has agreed to sell its entire portfolio of hotels to Blackstone Real Estate Partners for $305 million in an all cash...
Home REIT divests further 226 properties
Home REIT has completed the sale of an additional 226 properties through a series of public auctions held over the past three days.
Gross proceeds...
Brookfield repositions REIT strategy for anticipated real estate recovery
Brookfield has unveiled a series of enhancements to its private wealth real estate strategy, positioning Brookfield Real Estate Income Trust Inc. (Brookfield REIT) to...
SEGRO announces industrial redevelopment at Slough Trading Estate
SEGRO has unveiled a redevelopment project at Slough Trading Estate. The scheme includes nine modern, speculative industrial units.
The REIT aims to offer highly sustainable...
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...
Cole Office & Industrial REIT buys office building in Maryland for $39m
Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), a publicly registered non-listed real estate investment trust (REIT) sponsored by affiliates of CIM...
