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
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 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
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 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 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 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 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 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 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...