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Paramount signs two leases at 1301 Avenue of the Americas

Paramount signs two leases at 1301 Avenue of the Americas

Paramount Group has signed leases totaling 279,000 square feet at 1301 Avenue of the Americas, a 1.7 million square-foot trophy office building, located between...
PIMCO to acquire Columbia Property Trust for $3.9bn

PIMCO to acquire Columbia Property Trust for $3.9bn

Global investment management firm Pacific Investment Management Company (PIMCO) is acquiring Columbia Property Trust in a deal valued at $3.9 billion. Columbia Property Trust said...
LondonMetric acquires three urban logistics warehouses for £35.4m

LondonMetric acquires three urban logistics warehouses for £35.4m

LondonMetric Property Plc has acquired three urban logistics warehouses for £35.4 million in separate transactions, reflecting a blended NIY of 4.4% and a reversionary...
Keppel DC REIT buys data centre in the Netherlands for €37.2m

Keppel DC REIT buys data centre in the Netherlands for €37.2m

Singapore-listed Keppel DC REIT has bought a 100% interest in a freehold property with two data centre buildings in De Hurk, the largest business park...
Apple Hospitality REIT buys hotel in Greenville, South Carolina

Apple Hospitality REIT buys hotel in Greenville, South Carolina

Apple Hospitality REIT has acquired a130-room Hyatt Place in downtown Greenville, South Carolina for $30 million, or $231,000 per key. “Greenville has benefited from the...
Stenprop sells Guernsey office building for £55m

Stenprop sells Guernsey office building for £55m

Stenprop has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
LondonMetric sells grocery asset in Liverpool for £10.2m

LondonMetric sells grocery asset in Liverpool for £10.2m

LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%. The 29,000 sq ft asset was acquired in 2014 for £8.1...
LondonMetric buys urban logistics warehouse in Cardiff

LondonMetric buys urban logistics warehouse in Cardiff

LondonMetric Property Plc has purchased an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%. The 119,000 sq ft warehouse...
Boston Properties completes acquisition of Safeco Plaza in Seattle

Boston Properties completes acquisition of Safeco Plaza in Seattle

Boston Properties has completed the acquisition of Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office property in Seattle, Washington. BXP completed...
Macquarie to acquire 50% interest in Medical Properties Trust portfolio

Macquarie to acquire 50% interest in Medical Properties Trust portfolio

Macquarie Infrastructure Partners V (MIP V) and Medical Properties Trust (MPT) have entered into a partnership for eight Massachusetts hospitals valued at $1.78 billion. Medical...
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