IRES adds 69 residential homes to portfolio
Irish Residential Properties REIT (I-RES) has acquired 69 new residential homes at Tara View, Merrion Road, Dublin 4 (formerly known as Project Merrion).
I-RES entered into...
Regional REIT buys Norfolk House, Birmingham central office for £20m
Regional REIT Limited has acquired the Norfolk House, Smallbrook Queensway, Birmingham, for a consideration of £20m with a current net initial yield of 7.92%, in an off...
Segro says Prologis’ revised offer undervalues long-term growth prospects
Segro has unanimously rejected a further revised takeover proposal from Prologis, arguing that the offer continues to undervalue the logistics real estate company's portfolio,...
Covivio sells Milan office building to Aermont Capital
France-based real estate investment company Covivio is selling a multitenant office building in Milan to Aermont Capital.
Covivio has signed a binding agreement with...
British Land agrees to acquire Life Science REIT in £150m deal
British Land has reached an agreement to acquire Life Science REIT in a recommended cash and share transaction, marking a further expansion of its...
Which capital markets will lead in 2030?
According to a research by the The Economist Intelligence Unit on behalf of PwC, Capital Markets in 2030, the New York Stock Exchange (NYSE)...
Easterly Government Properties buys mission critical property portfolio
Easterly Government Properties, Inc. has acquired a 176,550 square foot portfolio of three U.S. Government-leased properties.
The three-building portfolio is comprised of:
• Federal Bureau...
Keppel Pacific Oak US REIT to buy two office buildings for US$105.1m
Singapore-listed Keppel Pacific Oak US REIT (KORE) is acquiring two office buildings, Bridge Crossing in Nashville, Tennessee, and 105 Edgeview in Denver, Colorado.
''The estimated...
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...
UKCM announces £45.7m investment and £25.4m disposal
Aberdeen Standard Investments managed UK Commercial Property REIT Limited (UKCM) has completed the acquisition of an ASDA supermarket in Torquay, Devon, from Aviva Investors...
Assura and USS form £250m NHS property partnership
Healthcare property specialist Assura plc (Assura) and Universities Superannuation Scheme Limited (USS), the pension scheme for UK universities, have formed a new £250m 20:80...
KKR and Stonepeak raise offer for Assura to £1.7bn
Assura plc has confirmed its recommendation of a best and final increased cash offer from Sana Bidco Limited (Bidco), an entity indirectly owned by...
