ARA increases its strategic stake in Japan’s Kenedix
ARA Asset Management Limited (ARA) has increased its strategic stake in Kenedix, Inc. to 30%, up from 20.27% previously. ARA had earlier supported the privatisation...
LondonMetric adds three urban logistics warehouses to portfolio
LondonMetric Property Plc has acquired three urban logistics warehouses in Croydon, Dunstable and Warrington for £18.7 million, reflecting a blended NIY of 4.3% and...
JLL Income Property Trust buys Boston apartment community for $72.5m
JLL Income Property Trust has purchased Princeton North Andover, a 192-unit apartment community in the affluent north-Boston suburb of North Andover, Massachusetts, for $72.5...
Vornado completes $1.2bn refinancing of 555 California Street
Vornado Realty Trust said on Monday it has completed a $1.2 billion refinancing of 555 California Street, a three building 1.8 million square foot trophy...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key. The assets consist...
W.P. Carey buys logistics facility in UK for £141m
US-based net lease REIT W.P. Carey has acquired an approximately 1.1 million-square-foot Class-A logistics facility in Solihull, U.K for $195 million (£141 million). The 100,000-square-meter...
Equity Commonwealth to buy Monmouth Real Estate for $3.4bn
Equity Commonwealth, a Chicago based, internally managed and self-advised real estate investment trust (REIT), and Monmouth Real Estate Investment Corporation (Monmouth) have entered into...
Public Storage closes acquisition of ezStorage
Public Storage has closed on the acquisition of ezStorage, one of the self-storage operators in the United States, for $1.8 billion. The transaction adds 48...
Realty Income to acquire VEREIT in all-stock transaction
Realty Income Corporation has entered into a definitive agreement to acquire VEREIT in an all-stock transaction. Realty Income said the transaction would create a combined...
Equiem acquires British Land’s property management software platform
Equiem, Australia’s tenant experience technology platform for commercial real estate, has acquired Vicinitee, British Land’s commercial property management software platform, for an undisclosed sum. Vicinitee is a web-based...
