Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%.
Acquired from different vendors, the purchases...
Workspace CEO Graham Clemett to retire this year
Workspace Group PLC has announced that Graham Clemett, Chief Executive Officer (CEO), will retire in 2024, following the appointment of his successor and the...
Warehouse REIT buys two UK warehouse assets
Warehouse REIT, the AIM listed UK Real Estate Investment Trust, has acquired two new high quality urban warehouse assets, following the successful capital raise...
Mack-Cali sells four office buildings in NJ for $254m
Mack-Cali Realty Corporation has sold its Metropark office portfolio located in Edison and Iselin, NJ for $254 million to Opal Holdings.
The portfolio consists...
Ventas comments on COVID-19 and provides update on full-year 2020 guidance
Ventas, Inc. (NYSE:VTR), an S&P 500 company and real estate investment trust, issued the following statement regarding the on-going COVID-19 pandemic.
“At Ventas, our first...
ActivumSG acquires luxury resort in Spain for €175m
ActivumSG has acquired the five-star luxury Fairmont La Hacienda resort hotel in Spain’s Costa del Sol for €175 million.
The transaction was completed on...
Weingarten Realty to merge with Kimco Realty
Kimco Realty, a shopping center real estate investment trust (REIT) headquartered in Jericho, N.Y., and Weingarten Realty Investors, a shopping center owner, manager and...
IRES receives fifth all-cash proposal from Barings
Irish Residential Properties REIT plc (I-RES) has received a fifth proposal from Baring International Investment Limited (Barings) regarding a possible all-cash offer for the...
LondonMetric buys grocery-led property in West London for £18m
LondonMetric has acquired a grocery-led property in South Ruislip, West London, for £18.0 million.
The 41,000 sq ft building is let to Aldi and B&M...
British Land appoints Amanda Mackenzie as non-executive director
British Land has appointed Amanda Mackenzie as a Non-Executive Director, with effect from 1 September 2023.
Mackenzie will join the Remuneration and ESG Committees...
LondonMetric completes Urban Logistics acquisition
LondonMetric Property plc has completed its recommended cash and share acquisition of Urban Logistics REIT plc, following the Court’s approval of the scheme of...
LondonMetric sells five urban assets for £43m
LondonMetric Property has agreed to sell five urban assets for £42.8 million, reflecting a NIY of 4.5%.
The combined sales are in line with...
