Custodian REIT appoints JLL as its ESG advisor
Custodian REIT has appointed Jones Lang LaSalle Limited (JLL) as its environmental, social and governance (ESG) advisor with immediate effect.
According to the REIT, ...
Prologis closes $23bn Duke Realty acquisition
Prologis has completed its all-stock acquisition of Duke Realty Corporation for $23 billion, including the assumption of debt, following approval by the shareholders of Prologis and Duke...
Singapore REIT to convert San Diego office property to life sciences property
Singapore-listed real estate investment trust CapitaLand Ascendas Reit(CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), has signed a full building lease...
ESR buys Mitsui’s 7.7% stake in ESR-LOGOS REIT Manager
ESR Group has agreed to acquire 7.7% of the total issued shares in ESR-LOGOS Funds Management Limited, the manager of ESR-LOGOS REIT (E-LOG Manager),...
Landsec sells London office development to Lendlease for £809m
British commercial property development company Landsec has agreed to sell a London office development, 21 Moorfields, EC2, to an investment vehicle managed by global...
GIC, Oak Street to buy Store Capital in $14bn deal
Singapore’s sovereign wealth fund GIC and real estate investment firm Oak Street, a division of net lease investor Blue Owl, will acquire the internally managed...
Supermarket Income REIT adds Wales Tesco store to portfolio
Supermarket Income REIT has acquired a Tesco store in Llanelli, South Wales, for £66.8 million, reflecting a net initial yield of 5.3%.
The store was developed...
Ascendas Reit to buy first cold storage facility in Singapore
Ascendas Real Estate Investment Trust (Ascendas Reit) has announced the proposed acquisition of a cold storage logistics facility located at 1 Buroh Lane, Singapore...
Addington divests mixed-use property in Cheltenham
Addington Capital has sold 109-117 High Street, Cheltenham, a mixed-use retail and offices property, to Picton (UK) REIT (SPV) Limited for £5.3 million.
The mixed-use...
Home REIT pays £57m for 158 properties across England
Home REIT has paid £57.4 million for 158 additional properties located across England.
These acquisitions were funded by the net proceeds raised via the company's oversubscribed £263 million equity issue...
Custodian REIT buys industrial asset near Glasgow
Custodian REIT has acquired a 91,955 sq ft industrial asset between Glasgow and Edinburgh for £11.125 million, reflecting a net initial yield of 5.25%.
The property benefits...
Hudson Pacific expands studio business with $360m acquisition
Hudson Pacific Properties has expanded its studio business with the acquisition of Quixote Studios, a provider of sound stages and production services to the entertainment industry,...
