Vornado, Hudson Pacific, Blackstone to invest $350m in Manhattan studio campus project
Vornado Realty Trust, Hudson Pacific Properties, Blackstone, the City of New York, and New York City Economic Development Corporation (NYCEDC) have entered into Manhattan’s...
Singaporean REIT expands European footprint with €295m logistics deal
Frasers Logistics & Commercial Trust, a Singapore-listed real estate investment trust, said its manager has entered into agreements to acquire interests in four property...
W.P.Carey divests State of Andalusia office portfolio for $359m
Global net-lease REIT W. P. Carey has sold a portfolio of 70 office properties net leased to the State of Andalusia for $359 million...
CareTrust REIT enters UK market with acquisition of Care REIT
CareTrust REIT has entered the United Kingdom’s healthcare real estate sector with the completion of its acquisition of Care REIT plc, a London-listed healthcare...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.
Tesco has been operating at...
Ascendas Reit to buy last mile logistics portfolio in US for US$156m
Singapore-listed industrial real estate investment trust Ascendas Reit is acquiring a portfolio of 11 logistics properties located in Kansas City, United States for S$207.8 million...
Apple Hospitality REIT provides update on 2020 outlook due to evolving impact of COVID-19
Apple Hospitality REIT, Inc. (NYSE: APLE) announced that it has withdrawn its full year 2020 outlook provided on February 24, 2020, due to recent...
Stenprop acquires three industrial estates for £11.82m
Stenprop has acquired three multi-let industrial estates in Edinburgh, Cardiff and Wigan in separate transactions for a total consideration of £11.82 million.
The 13-unit,...
PRS REIT to sell property arm to Waypoint in £646m deal
The PRS REIT plc has entered into non-binding heads of terms for the proposed sale of its operating subsidiary, PRS REIT Holding Company Limited,...
British Land posts above-inflation rental growth amid strong occupier demand
UK-listed REIT British Land has reported resilient operational and financial performance for the year, driven by robust demand in key markets and effective asset...
Keppel Pacific Oak US REIT to buy two office buildings for US$105.1m
Singapore-listed Keppel Pacific Oak US REIT (KORE) is acquiring two office buildings, Bridge Crossing in Nashville, Tennessee, and 105 Edgeview in Denver, Colorado.
''The estimated...
JLL Income Property Trust secures $650m credit facility
JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders.
The credit facility contains a $415 million revolving line...
