Canadian REIT sells UK healthcare portfolio for £500m
Canada-based Northwest Healthcare Properties Real Estate Investment Trust has sold its UK portfolio for £500 million (C$885 million).
The REIT's UK portfolio was sold...
Service Properties Trust sells office property in Las Vegas for $57m
Service Properties Trust has sold a 138,558 square foot office property located at 1505 South Pavilion Center in Las Vegas, Nevada for $57.0 million,...
SEGRO invests £100 million in London logistics portfolio
SEGRO, a UK Real Estate Investment Trust (REIT), has expanded its Greater London logistics portfolio by £100 million with off-market acquisitions in Dagenham and...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%.
Four of the assets have...
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...
Assura posts 5.6% rental growth in first half as delisting nears
UK healthcare real estate investment trust (REIT) Assura plc has reported a solid trading performance for the first half of its financial year to...
Pebblebrook Hotel Trust announces action plan to mitigate COVID-19 impact
Pebblebrook Hotel Trust (NYSE: PEB) announced that in addition to the significant efforts underway to protect the health and safety of its guests and...
Simon Property to acquire 50% stake in Jamestown
Mall owner Simon Property Group has agreed to acquire a 50 percent interest in Jamestown, a global real estate investment and management firm with over $13...
Service Properties Trust announces efforts to mitigate COVID-19 impact
Service Properties Trust (Nasdaq: SVC) announced that due to the uncertainty from the rapidly evolving COVID-19 (coronavirus) pandemic on the U.S. economy generally and...
Blackstone reconsiders Warehouse REIT offer after rival bid
Wapping Bidco Ltd, a company backed by investment funds managed by Blackstone, has reopened the door to increasing its original cash offer for Warehouse...
LaSalle secures $456m from the global public offering of LaSalle Logiport REIT in Japan
Global real estate investment manager LaSalle Investment Management (LaSalle) has completed the global public offering of LaSalle Logiport REIT (LLR), raising newly issued equity...
Global Net Lease agrees £250m sale of McLaren Campus in Surrey
Global Net Lease (GNL) has agreed to sell the McLaren Campus in Woking, Surrey, for £250 million, four years after acquiring the property for...
