Supermarket Income REIT buys supermarket in Cambridgeshire
Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%.
The...
Link REIT buys prime retail portfolio in Sydney for A$538.2m
Hong Kong-listed Link Real Estate Investment Trust (Link REIT) said it has agreed to buy 50% interests in the three retail assets in Sydney,...
Warehouse REIT sells two assets for 3.7% above book value
UK Real Estate Investment Trust Warehouse REIT has announced divestment of two assets in separate transactions for a total consideration of £13.4 million.
The combined...
Schroder REIT names successor as Alastair Hughes prepares to retire
Schroder Real Estate Investment Trust has outlined planned changes to its board leadership, confirming the appointment of Priscilla Davies as incoming chair and the...
Tritax Big Box buys temperature controlled logistics unit in Southampton
Tritax Big Box REIT plc (Tritax Big Box) has acquired a prime temperature controlled distribution unit in the core South Coast location within the...
SL Green to acquire 450 Park Avenue for $445m
SL Green Realty has agreed to acquire 450 Park Avenue in New York City for $445 million from Oxford Properties.
Ideally located at the...
LondonMetric divests two office assets in Scotland for £37m
LondonMetric Property has agreed to sell two office assets in Scotland to a single buyer for £36.6 million, reflecting a blended NIY of 7.0%.
The sales are former...
Blackstone to sell self-storage platform for $2.2bn
Blackstone Real Estate Income Trust (BREIT) has agreed to sell Simply Self Storage to Public Storage in the United States for $2.2 billion.
The portfolio...
Keppel REIT sells interest in Brisbane office building for A$275m
Singapore-based Keppel REIT has divested its 50% interest in 275 George Street, a 31-storey freehold office building, in Brisbane, Australia to Charter Hall Prime...
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...
Joint venture to buy stake in Sainsbury’s supermarket portfolio for £102m
UK supermarket real estate investor Supermarket Income REIT has formed a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL), acting on behalf of the British...
Capreit completes full acquisition of European Residential REIT
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) and European Residential Real Estate Investment Trust (ERES) have completed their previously announced plan of arrangement,...
