Cromwell European REIT pays €126.1m for six logistics assets

Cromwell European REIT pays €126.1m for six logistics assets

Cromwell Property Group has completed the acquisition of six fully-let light industrial and logistics assets across Europe for €126.1 million on behalf of Cromwell...
Preferred Apartment Communities stockholders approve acquisition by BREIT

Preferred Apartment Communities stockholders approve acquisition by BREIT

Preferred Apartment Communities (PAC) said that, at the reconvened special meeting of stockholders, its stockholders approved the acquisition of PAC by Blackstone Real Estate...
GIC, Oak Street to buy Store Capital in $14bn deal

GIC, Oak Street to buy Store Capital in $14bn deal

Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street, a division of net lease investor Blue Owl, will acquire the internally managed...
Supermarket Income REIT completes sale of Sainsbury's portfolio interest

Supermarket Income REIT completes sale of Sainsbury’s portfolio interest

Supermarket Income REIT has completed the the sale of its interest in the Sainsbury's Reversion Portfolio. The company has therefore received £279.3 million in respect of the...
British Land gets green light for multi-level London logistics hub

British Land gets green light for multi-level London logistics hub

British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield. According to the company, the site,...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy

South Korean pension fund invests $100m in 3650 REIT’s lending strategy

South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Segro reports 12.5% surge in 2023 net rental income

Segro reports 12.5% surge in net rental income for 2023

UK Real Estate Investment Trust (REIT) Segro has reported a resilient financial performance, reporting growth in rents, earnings, and dividends for the fiscal year ending...
Assura and USS form £250m NHS property partnership

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...
Brookfield makes £557m cash offer to acquire Tritax EuroBox

Brookfield makes £557m cash offer to acquire Tritax EuroBox

Tritax EuroBox plc and Titanium Ruth Bidco Limited (Bidco), a company indirectly owned by one of Brookfield’s real estate private funds, have reached an...
AshbyCapital sells UK retail park portfolio to Realty Income

AshbyCapital sells UK retail park portfolio to Realty Income

AshbyCapital has secured a buyer for its UK retail park portfolio, selling a trio of assets in Swansea, Leeds, and Glasgow to US-based Realty...
LondonMetric tables preliminary offer for Urban Logistics REIT

LondonMetric tables preliminary offer for Urban Logistics REIT

Urban Logistics REIT plc has confirmed that it has received a preliminary proposal from LondonMetric Property plc regarding a potential takeover bid, following recent...
Adobe expands office space at Derwent London’s White Collar Factory

Adobe expands office space at Derwent London’s White Collar Factory

Derwent London has announced a major lease expansion and extension agreement with Adobe at its flagship White Collar Factory in EC1. The global software and...

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