Ascott Residence Trust to sell serviced residence in Shanghai
Singapore-listed hospitality trust Ascott Residence Trust (ART) has agreed to sell a serviced residence, Somerset Xu Hui Shanghai in China for RMB 1,050 million...
Montgomery Street Partners launches $1bn REIT to invest in ground leases
Commercial real estate investment firm Montgomery Street Partners (MSP) announced that it has formed a new venture with a U.S.-based Fortune 500 global insurance...
RDI sells 127 Charing Cross Road, London for £59.25m
UK Real Estate Investment Trust RDI has completed the disposal of 127 Charing Cross Road, London for £59.25 million to Nomura Real Estate UK...
Resource REIT completes $3bn merger of three REITs
Resource REIT, Inc., formerly known as Resource Real Estate Opportunity REIT II, Inc., has completed its mergers with Resource Real Estate Opportunity REIT, Inc....
Ascott Residence enters student accommodation market with first buy in US
Singapore-listed hospitality trust Ascott Residence Trust (ART) is entering the student accommodation asset market with its first acquisition in the U.S for US$95 million...
SL Green signs 100,000 sq ft lease at 11 Madison Avenue in Manhattan
SL Green Realty has signed a 99,556 square foot lease agreement with Beam Suntory at 11 Madison Avenue in Manhattan. The 15-year lease covers the...
Supermarket Income REIT buys supermarket in Cambridgeshire
Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%. The...
Supermarket Income REIT buys two assets from LaSalle for £64.8m
Supermarket Income REIT has agreed to acquire a Sainsbury's supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management...
Blackstone REIT, LBA announce $1.6bn industrial recapitalization
Blackstone Real Estate Income Trust, Inc. (BREIT) and LBA Logistics (LBA) announced the recapitalization of two industrial portfolios owned by LBA comprising $1.6 billion...
ESRT signs two new leases at One Grand Central Place
Empire State Realty Trust, Inc.(ESRT) has signed two new leases for a total of 49,999 square feet at its One Grand Central Place, a 56-story...
