LondonMetric signs grocery lettings totalling 67,000 sq ft
LondonMetric Property has signed three new grocery lettings totalling 67,000 sq ft in Ashford, Totton and Tonbridge. The lettings will generate £1.2 million of...
Healthcare Realty, Healthcare Trust of America to combine for $18bn MOB REIT
Healthcare Realty Trust and Healthcare Trust of America have agreed to enter into a strategic business combination. Healthcare Trust of America's shareholders will receive...
BVK, Paramount JV buys Times Square retail property for $191.5m
A joint venture between German pension fund Bayerische Versorgungskammer (BVK) and Paramount Group has acquired a retail property at 1600 Broadway for $191.5 million from...
Brookfield makes €1.3bn cash offer for Belgian REIT Befimmo
RE Invest Belgium SA, an entity fully controlled by one of Brookfield’s real estate private funds, has made an all-cash offer worth €1.3 billion...
Hammerson divests Leeds shopping centres for £120m
Hammerson has completed the sale of its shopping centres in Leeds for £120m to entities associated with Redical. The assets comprise the 19,400m2 Victoria Quarter shopping...
SEGRO to build first multi-storey industrial project in Thames Valley
UK-based real estate investment trust SEGRO will build the first multi-storey industrial project on the Slough Trading Estate. Plans have been approved for the development, said...
LXi announces acquisitions totalling £57m
LXi REIT has announced acquisitions funded by its recent £250 million equity capital raise. The acquisitions, which have been transacted on an off-market basis, total...
Hammerson in talks to sell shopping centres in Leeds
Hammerson has responded to press speculation regarding the sale of its shopping centres in Leeds. Hammerson confirmed that it is in discussions with entities related...
Reuben Brothers invests in Welltower’s UK partner
Private equity real estate investment firm Reuben Brothers(RB) has invested in Avery Healthcare with the formation of a 50/50 joint venture partnership with Welltower, an S&P 500...
Blackstone to acquire Preferred Apartment Communities for $5.8bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire Preferred Apartment Communities for $5.8 billion. Under the terms of the agreement, BREIT will acquire...