GIC, Oak Street complete $15bn Store Capital acquisition
Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street have completed the previously announced acquisition of all of the outstanding shares of...
W.P. Carey buys three hypermarket properties in France for $119m
W. P. Carey, a net lease REIT specializing in corporate sale-leasebacks, has acquired three hypermarket properties located in Southern and Central France for ...
Starwood Real Estate Income Trust, Morningstar form self-storage JV
Starwood Real Estate Income Trust (SREIT) and Morningstar Properties, an owner and operator of self-storage facilities under the Morningstar Storage brand, have formed a...
ARA increases its strategic stake in Japan’s Kenedix
ARA Asset Management Limited (ARA) has increased its strategic stake in Kenedix, Inc. to 30%, up from 20.27% previously.
ARA had earlier supported the privatisation...
W.P. Carey buys logistics facility in UK for £141m
US-based net lease REIT W.P. Carey has acquired an approximately 1.1 million-square-foot Class-A logistics facility in Solihull, U.K for $195 million (£141 million).
The 100,000-square-meter...
ESRT signs two new leases at One Grand Central Place
Empire State Realty Trust, Inc.(ESRT) has signed two new leases for a total of 49,999 square feet at its One Grand Central Place, a 56-story...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million.
As announced on 22 November...
LondonMetric, LXi create UK’s first triple net lease REIT with £6.2bn portfolio
LondonMetric and LXi have entered into a strategic merger, laying the foundation for the creation of a major UK Real Estate Investment Trust (REIT).
LondonMetric...
Tritax Big Box divests three assets for £125m
Tritax Big Box REIT has agreed to sell three logistics warehouse assets for a net consideration of £125 million, reflecting a blended net initial yield...
Link appoints Greg Chubb as International COO
Hong Kong-based Link Asset Management (Link), the manager of Link Real Estate Investment Trust (Link REIT), has appointed Greg Chubb as Chief Operating Officer...
LondonMetric and LXi REIT in talks for all-share merger
LondonMetric Property and LXi REIT confirmed that they are in talks regarding a possible all-share merger of the two companies, pursuant to which LondonMetric...
Life Science REIT signs new lease at Oxford Technology Park
Life Science REIT has fully let Building 5 at Oxford Technology Park, covering 57,000 sq. ft. to WAE Technologies, a technology and engineering services...
