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...
Coima pays €58m for office complex in Milan
Italy-based real estate investment trust (REIT) Coima Res has agreed to acquire an office complex in Via Giovanni Battista Pirelli, 32, Milan (Pirelli 32)...
Brookfield makes cash offer to buy Hibernia REIT
Benedict Real Estate Bidco Limited (Bidco), a subsidiary of one of Brookfield's real estate private funds, has made a cash offer worth €1.09 billion to...
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...
Derwent London divests Bush House for £85m
London-focused real estate investment trust Derwent London has agreed to sell Bush House, South West Wing WC2, a 103,700 sq ft freehold office building,...
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...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%. Tesco has been operating at...
Realty Income to invest $950m in Bellagio Las Vegas
Realty Income has agreed to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that...
Kimco Realty closes $2bn RPT Realty acquisition
Kimco Realty has completed its previously announced $2 billion acquisition of RPT Realty. The REIT added 56 shopping centres, of which 43 are wholly owned,...
Deutsche Konsum REIT divests 14 retail properties
Deutsche Konsum REIT, a listed real estate company focused on German retail properties, has sold a portfolio of 14 retail properties. The buyer is an...
