Service Properties Trust sells 123 net lease properties for $435m
-Service Properties Trust Completes the Sale of 123 Net Lease Properties for $435 Million -Reaches Target of $500 Million of Net Lease Asset Sales Service Properties...
Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%. The Sainsbury's store opened in 1997...
Derwent London announces appointments to executive committee
London-focused real estate investment trust Derwent London has announced three internal appointments to the group’s executive committee. Head of sustainability John Davies, head of asset...
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...
Hibernia REIT appoints new CEO following acquisition by Brookfield
Benedict Real Estate Bidco Limited (Bidco), a subsidiary of one of Brookfield‘s real estate private funds, has completed the acquisition of Hibernia REIT for €1.09 billion. Brookfield’s acquisition...
Pebblebrook Hotel Trust buys beachfront resort in Hollywood for $270m
Pebblebrook Hotel Trust has acquired the 369-room oceanfront Margaritaville Hollywood Beach Resort in Hollywood, Florida for $270 million from an affiliate of KSL Capital...
British Land signs four new leases with Aldi totaling 85,000 sq ft
British Land has signed four new lease agreements with supermarket giant Aldi at its retail parks, totaling c.85,000 sq ft of space, across the...
Derwent London sells New River Yard for £67.5m
London-focused real estate investment trust Derwent London has agreed to sell its 70,700 sq ft freehold interest in New River Yard EC1 to a...
Mixed-use property in Atlanta sold for $187M
Columbia Property Trust, Inc. has sold Lindbergh Center, a 1.1-million-square-foot, mixed-use property in Atlanta, for $187 million. “We are pleased to have completed the sale...
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...
