Preferred Apartment Communities buys Class A multifamily property in Panama City Beach, Florida
Preferred Apartment Communities, Inc. (PAC) has acquired Parkside at the Beach, a 2019 built 288-unit Class A multifamily community located in Panama City Beach,...
CyrusOne announces Bruce W. Duncan as President & CEO
CyrusOne Inc. (NASDAQ: CONE), a premier global data center REIT, today announced that CyrusOne’s Board of Directors has elected Bruce W. Duncan as President...
RDI sells UK retail parks portfolio for £156.9m
UK Real Estate Investment Trust RDI has agreed to sale its UK retail parks portfolio of six assets for £156.9 million to M7 Real Estate Limited, on behalf of M7...
McKay collects 70% of September quarter rents
UK REIT McKay Securities Plc (McKay) said it has collected 70% of total September quarter rents, increasing to 87% on receipt of agreed monthly...
Vornado Realty Trust announces senior management changes
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has announced a series of senior management changes.
Michael Franco, the company’s president, has been...
Trophy office building in Washington, D.C. sells for $103m
Paramount Group, Inc., announced today that it has completed the previously announced sale of 1899 Pennsylvania Avenue, a 190,955 square foot trophy office building...
Aedifica acquires first healthcare real estate in Ireland
Aedifica, a Belgian listed company that specialises in investments in European healthcare real estate, has made its first investment in Ireland.
The company has...
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...
