Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million.
To fund the acquisition the company used...
Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal
Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake in a...
Grade A office tower in Adelaide sold to Singaporean REIT
Soilbuild Business Space REIT (“Soilbuild REIT”), a Singapore and Australia-focused real estate investment trust, has acquired 25 Grenfell Street, an iconic multi-tenanted freehold Grade...
Gecina signs €306m asset swap to acquire Paris office building
Gecina, a French real estate investment trust (REIT), has signed an asset swap agreement with the Caisse de Retraite du Personnel Navigant (CRPN) enabling it to...
Kilroy Realty acquires 1.37-acre mixed-use land site in prime Seattle CBD
Kilroy Realty Corporation (NYSE: KRC) announced it has completed the acquisition of a 1.37-acre five parcel land site in Seattle’s central business district for a purchase...
Canadian REIT buys US logistics property portfolio for US$730m
Canadian WPT Industrial REIT (WPT), a publicly traded real estate investment trust, listed on the Toronto Stock Exchange, has agreed to acquire a portfolio...
Hibernia REIT gets approval for expanded development of Harcourt Square
Irish Real Estate Investment Trust, Hibernia REIT plc (Hibernia), listed on Euronext Dublin and the London Stock Exchange, has received approval from Dublin City...
Taubman Centers shareholders approve merger with Simon Property Group
Taubman Centers, Inc. (NYSE: TCO) (the “Company”) announced that, at a special meeting of shareholders, its shareholders today approved and adopted the previously announced...
Warehouse REIT buys Amazon leased asset for £57m
Warehouse REIT, the AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, has acquired two single-let warehouse assets...
LondonMetric announces disposals and acquisitons
LondonMetric Property has sold four retail properties from its long income portfolio for £22.2 million, reflecting a blended NIY of 4.6%. The company also announced the acquisition...
Cromwell European REIT to buy logistics park in Italy for €52.6m
Cromwell European REIT (CEREIT) announced that its wholly-owned vehicle has entered into an agreement to acquire a freehold intermodal logistics park with nine warehouses...
Supermarket Income REIT buys Waitrose supermarket for £9.1m
Supermarket Income REIT has acquired a Waitrose supermarket in Market Harborough, Leicestershire from Alpha Real Estate for £9.1 million, representing a net initial yield...
