Boston Properties acquires office property in Midtown South for $300m
Boston Properties (BXP) has agreed to acquire 360 Park Avenue South, a 20 story office property located at the southwest corner of Park Avenue...
Picton sells Covent Garden’s Stanford Building in £34.5m deal
International real estate advisor Savills, acting on behalf of UK REIT Picton, has completed the sale of the Stanford Building in Covent Garden for...
PS Business Parks announces addition to the S&P MidCap 400 Index
PS Business Parks, Inc., a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex and office...
LondonMetric signs grocery lettings totalling 67,000 sq ft
LondonMetric Property has signed three new grocery lettings totalling 67,000 sq ft in Ashford, Totton and Tonbridge.
The lettings will generate £1.2 million of...
ActivumSG acquires luxury resort in Spain for €175m
ActivumSG has acquired the five-star luxury Fairmont La Hacienda resort hotel in Spain’s Costa del Sol for €175 million.
The transaction was completed on...
UKCM secures new lettings at Hertfordshire industrial estate
UK Commercial Property REIT (UKCM) has secured new leases on 116,200 sq ft of space comprising two units, B and 7, at its Ventura Park...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million.
Industrials REIT and Blackstone, following a period...
Urban Logistics acquires site in Bromborough, Wirral for £16.3m
Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...
JLL Income Property Trust buys Louisville industrial asset for $95m
JLL Income Property Trust has acquired Louisville Distribution Center, a 1 million-square-foot, Class A industrial asset located in the top-tier industrial submarket of South...
Sirius Real Estate to convert UK business to REIT
Sirius Real Estate plans to convert its UK business to a UK Real Estate Investment Trust (REIT) from next month.
The proposed REIT conversion follows...
Workspace completes £22.4m London office disposals at 4.3% yield
London-listed flexible office provider Workspace Group PLC has completed further asset disposals in line with its conviction-led portfolio strategy, selling two properties in Wandsworth...
Supermarket Income REIT buys Sainsbury’s store in Northern Ireland
Supermarket Income REIT plc has acquired a Sainsbury's store in Bangor, County Down, Northern Ireland for £24.8 million, representing a net initial yield of...
