Service Properties Trust announces new agreements with Marriott
-Combines Three Existing Agreements, Extends Term, Increases Credit Support, Provides for Renovation and Sale of Certain Hotels
Service Properties Trust (Nasdaq: SVC) has entered agreements...
Schroder European REIT launches share repurchase initiative
Schroder European Real Estate Investment Trust, a company focused on investing in European growth cities, has announced the commencement of a share buyback programme....
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...
Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m
Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
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...
Sun Communities agrees £768m sale of UK assets to Aermont
US-listed REIT Sun Communities said it has agreed to sell its UK assets, including the Park Holidays business, to funds affiliated with Aermont Capital...
Segro names Luca Sorbara as head of Italy
UK Real Estate Investment Trust (REIT) Segro has named Luca Sorbara as the head of its Italian operations.
As the new Head of Italy,...
Manulife US REIT to acquire three properties in US for $201.6m
Singapore-listed Manulife US Real Estate Investment Trust (Manulife US REIT) has agreed to acquire three properties in the United States for $201,6 million.
The company...
Keppel REIT buys freehold commercial property in Sydney for A$306m
Singapore-based Keppel REIT announced it has entered into an agreement with the Goodman Group to acquire a 100% stake Pinnacle Office Park, a freehold...
LondonMetric sells distribution warehouse in Reading for £60.6m
LondonMetric has exchanged on the sale of its distribution warehouse in Reading to EQT Exeter for £60.6 million.
The 229,000 sq ft warehouse is let to DHL.
LondonMetric...
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...
Cousins Properties to sell Charlotte office tower for $455m
Cousins Properties, a fully integrated, self-administered and self-managed real estate investment trust (REIT) announced that Truist Financial Corporation, a merger between BB&T and SunTrust,...
