Capital & Regional in takeover talks as bids emerge
UK focused retail property REIT Capital & Regional has responded to recent speculation in the press regarding potential acquisition offers.
Capital & Regional confirmed that...
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...
Landsec sells £400m hotel portfolio to Ares
Landsec has sold its entire hotel portfolio to real estate funds managed by Ares Management alongside operating partner EQ Group for £400m.
This compares to...
Workspace names Lawrence Hutchings as CEO designate
Workspace Group has appointed Lawrence Hutchings as its CEO Designate.
Lawrence Hutchings will replace Graham Clemett, who informed the board in January of his...
WP Carey seals €80m sale-leaseback deal for industrial and R&D portfolio
W. P. Carey has closed a €80 million sale-leaseback transaction in March 2024, involving an industrial and R&D portfolio totaling approximately 103,000 square meters.
The...
UKCM shareholders overwhelmingly back merger with Tritax Big Box REIT
UKCM shareholders overwhelmingly approved the proposed merger with Tritax Big Box REIT at recent meetings.
In a strong show of support, around 95% of UKCM...
Supermarket Income REIT buys Carrefour portfolio in France
UK-based Supermarket Income REIT has expanded its portfolio with the acquisition of a portfolio of Carrefour supermarkets in France.
The deal was structured as...
Marcus Sperber joins SEGRO as non-executive director
SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May 2024.
Marcus Sperber is a Fellow of the Royal Institution...
Derwent London divests Clerkenwell building for £77m
Derwent London has agreed to sell its freehold interest in Turnmill, the 70,300 sq ft office and retail building in Clerkenwell, EC1, for £77.35m....
KKR to buy student housing portfolio from Blackstone for $1.64bn
KKR has agreed to acquire a portfolio of 19 purpose-built student housing properties from Blackstone Real Estate Income Trust (BREIT) for $1.64 billion.
The over...
Gerry Murphy joins Capital & Regional as non-executive director
UK focused retail property REIT Capital & Regional has appointed Gerry Murphy as a Non-Executive Director, effective from today.
Murphy will join the Audit,...
Picton completes sale of Angel Gate office building in London
UK-based REIT Picton has completed the sale of its second-largest office asset, Angel Gate in London EC1.
The final sale price of £29.6 million reflects...
