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...
Wynn Resorts to sell property in Boston for $1.7bn
Wynn Resorts has agreed to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income for $1.70 billion...
LondonMetric sells Solihull property for £15m
LondonMetric has sold a car showroom in Solihull for £15 million, reflecting a NIY of 4.75%. The 52,000 sq ft asset was acquired as part...
LXi REIT pays £87m for nine properties in UK
LXi REIT has made nine acquisitions, which have been transacted predominantly on an off-market basis with seven different vendors/developers, total £87 million and reflect...
Schroder REIT divests office asset in Nottingham
Schroder Real Estate Investment Trust has agreed to sell The Arc, a 44,602 sq ft office asset in Nottingham. The disposal price represents a...
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)...
