Blackstone completes $7.6bn acquisition of PS Business Parks
Affiliates of Blackstone Real Estate have completed the previously announced acquisition of all of the outstanding shares of common stock of PS Business Parks...
Derwent London divests Bush House for £85m
London-focused real estate investment trust Derwent London has agreed to sell Bush House, South West Wing WC2, a 103,700 sq ft freehold office building,...
Cromwell European REIT sells office asset in Finland, buys logistics property in UK
Cromwell European Real Estate Investment Trust (CEREIT) has acquired a freehold logistics asset from a third-party vendor in the United Kingdom and sold Kiinteistö Oy...
Home REIT expands portfolio with £92.3m acquisition
Home REIT has added 998 beds to its portfolio for £92.3 million.
The REIT has acquired 183 properties located across England for an aggregate purchase price of £84.9 million in...
Supermarket Income REIT pays £82.9m for two supermarkets
Supermarket Income REIT has acquired two supermarkets for £82.9 million, reflecting a combined net initial yield of 4.9%.
The REIT acquired the 18.7 acre site...
SL Green closes acquisition of NYC office tower with foreign partners
SL Green Realty has completed the previously announced acquisition of 450 Park Avenue in New York City for $445 million with a newly formed...
Singaporean REIT invests £101m in UK logistics development
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust has agreed to acquire a prime freehold logistics development in Cheshire, North West...
Befimmo appoints new CFO
Belgian Real Estate Investment Trust Befimmo has appointed Philippe Berlamont as the new Chief Financial Officer (CFO).
Berlamont will join the team on 1...
BREIT completes $5.8bn acquisition of Preferred Apartment Communities
Blackstone Real Estate Income Trust (BREIT) has completed its previously announced acquisition of Preferred Apartment Communities (PAC) for $25.00 per share of common stock,...
Open-air shopping centre in Barcelona sells for €127.5m
French real estate investment firm Frey has acquired from Equilis all the shares in the company that owns the open-air Finestrelles Shopping Centre in...
Regional REIT pays £26.5m for three Yorkshire office assets
Regional REIT has paid £26.5 million for three office assets in Yorkshire.
The REIT made three separate investments in Sheffield city centre, Thorpe Business Park, Leeds, and Leeds city centre...
Hibernia REIT appoints new CEO following acquisition by Brookfield
Benedict Real Estate Bidco Limited (Bidco), a subsidiary of one of Brookfield‘s real estate private funds, has completed the acquisition of Hibernia REIT for €1.09 billion.
Brookfield’s acquisition...
