SL Green sells stake in New York City office tower for $790m
SL Green Realty, Manhattan’s largest office landlord, has sold a 49% interest in 220 East 42nd Street, also known as the Daily News Building,...
Dream Industrial REIT agrees to sell US portfolio
Dream Industrial REIT (Trust) has agreed to sell 20 of its U.S. assets (29 buildings in total) (seed portfolio) to a private open-ended U.S....
Vornado to acquire remaining 45% interest in One Park Avenue
Vornado Realty Trust said it has agreed to acquire Canada Pension Plan Investment Board’s (CPP Investments) 45% interest in One Park Avenue, an office...
Regional REIT divests industrial property portfolio for £45m
Regional REIT has agreed to sell an industrial property portfolio to ARA Dunedin for £45 million. Regional REIT said this reflects a net initial yield...
SEGRO sells warehouse portfolio in Italy
SEGRO, a UK Real Estate Investment Trust (REIT), has agreed to sell a portfolio of six Italian urban warehouses for €127.5 million to AXA...
Black Creek Industrial REIT IV buys industrial portfolio from Prologis for $920m
Black Creek Industrial REIT IV, a fund managed by Ares Management Corporation, has acquired 48 industrial properties totaling 8.3 million square feet from affiliates...
GLP J-REIT raises JPY 28 billion to acquire four logistics assets
Japanese real estate investment trust GLP J-REIT, managed by GLP Group, has raised JPY 28 billion (appr. US$253 million) through its first accelerated global...
Monmouth Real Estate gets new unsolicited acquisition proposal
Monmouth Real Estate Investment Corporation (Monmouth) has received an unsolicited acquisition proposal from an unnamed investment firm. Monmouth identified the buyer as a 'large private...
Xior launches public tender offer for Spanish student housing company
Belgian real estate investment trust Xior Student Housing N.V. (Xior) has launched a voluntary public tender offer to acquire a controlling stake in the...
Regional REIT sells Leeds office property for £10.65m
Regional REIT has sold an office property, Arena Point, in Leeds for £10.65m, representing a substantial uplift of 15.8% against the 31 December 2020 valuation. Regional REIT said...