Regional REIT invests £48.2m in three office properties
United Kingdom based real estate investment trust Regional REIT has acquired three office properties in Derby, Milton Keynes and Crawley for £48.2 million, reflecting a blended net initial yields of...
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...
Shaftesbury makes £27.5m acquisition in Soho
Shaftesbury has acquired a 200 year ungeared leasehold interest in the lower floors of 92-104 Berwick Street in Soho, London's West End, for £27.5...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%. The combined sale price is 35% above its 30...
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...
Link REIT to buy Yangtze River Delta logistics assets for $139m
Link Real Estate Investment Trust (Link REIT) has agreed to acquire a prime logistics portfolio in the Yangtze River Delta (YRD) for RMB 947...
UKCM invests in £62.7m in Leeds hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds for £62.7 million. The REIT purchased the property from Marrico (Sovereign Square)...
Landsec sells mixed-use commercial building in London for €195m
Landsec has agreed to sell 32-50 Strand, London, WC2 for £195 million, representing a net initial yield of 4.2%. The buyer is Sinarmas Land Limited,...
Duke Realty rejects Prologis’ $24bn acquisition offer
Duke Realty Corp. has rejected a nearly $24 billion acquisition offer from Prologis. Under the terms of Prologis’ May 10, 2022 proposal, Duke Realty shareholders would...
Prologis makes offer to buy Duke Realty for $61.68 per share
Global logistics real estate company Prologis has made an offer to acquire Duke Realty Corp. in an all-stock transaction valued at $61.68 per share. The...