Blackstone, Landmark Properties form $784m student housing partnership
Blackstone Real Estate Income Trust (BREIT) and Landmark Properties have formed a $784 million joint venture to recapitalize and acquire eight student housing assets...
Monmouth gets revised acquisition proposal from Starwood
Monmouth Real Estate Investment Corporation on Thursday confirmed it has received a revised, unsolicited acquisition proposal from Starwood Capital Group. Under the terms of Starwood’s...
LXi REIT announces £80m acquisitions and £7.8m disposal
UK commercial property investor LXi REIT has announced three acquisitions for a total cost of £80 million, reflecting a net initial yield of 5.25%, and...
LondonMetric sells distribution warehouse in Northamptonshire for £102m
LondonMetric has agreed to sell its distribution warehouse in Thrapston, Northamptonshire, to EQT Exeter for £102.0 million, reflecting a NIY of 4.1%. The 785,000 sq...
Mapletree Logistics Trust to acquire cold storage facility in Melbourne
Singapore-listed Mapletree Logistics Trust (MLT) is acquiring a cold storage facility at 5-17 Leslie Road and 6-10 Pipe Road in Melbourne, Victoria, Australia for...
Office tower in Orange County sells for $150.5m
Pacific Oak Strategic Opportunity REIT has sold City Tower, a 435,000-square-foot Class A office tower in Orange to Opal Holdings, a New York-based real...
JLL Income Property Trust buys interest in $1.2bn single-family rental portfolio
JLL Income Property Trust has acquired an approximately 47 percent interest in a single-family rental portfolio. The existing portfolio of over 4,000 homes was assembled...
Blackstone REIT to buy WPT Industrial REIT for US$3.1bn
Blackstone Real Estate Income Trust (BREIT) is acquiring WPT Industrial Real Estate Investment Trust (WPT), a Canadian real estate investment trust, for US$3.1 billion....
LondonMetric divests retail park in Leeds for £25.2m
LondonMetric has sold its retail park in Kirkstall, Leeds, for £25.2 million, to a UK institutional investor. The 120,000 sq ft Kirkstall Bridge Shopping Park was developed by LondonMetric in 2015 after acquiring the site...
VICI Properties to acquire MGM Growth Properties for $17.2bn
VICI Properties is acquiring MGM Growth Properties LLC for $17.2 billion. VICI Properties, MGM Growth Properties LLC and MGM Resorts International, MGP’s controlling shareholder, have...
