UK Commercial Property REIT in merger talks with Picton
UK Commercial Property REIT (UKCM) has confirmed that it is in discussions with Picton Property Income (Picton) regarding a possible all-share merger of the...
LondonMetric sells six assets for £24.5m
LondonMetric Property has sold six assets in separate transactions for £24.5 million. Four non-core assets have been sold from the recently acquired CT Property Trust...
Schroder REIT appoints Sanjay Patel as non-executive director
Schroder Real Estate Investment Trust has appointed Sanjay Patel as an independent Non-executive Director with effect from 1 January 2024. Patel will be a...
Realty Income to buy Spirit Realty Capital in $9.3bn deal
Realty Income Corporation and Spirit Realty Capital have entered into a definitive merger agreement under which Realty Income will acquire Spirit in an all-stock...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Mary Ricks joins British Land as non-executive director
British Land has appointed Mary Ricks as a non-executive director, effective 1 November 2023. Ricks is a highly experienced real estate professional who brings over...
TPG makes takeover offer for Belgian REIT Intervest
Alternative asset management firm TPG's real estate equity investment platform TPG Real Estate Partners has filed a formal notice with the Belgian Financial Services...
Warehouse REIT sells two assets for £9.5m
Warehouse REIT has sold two assets totalling £9.5 million, together 30% ahead of the 31 March 2023 book value, reflecting an average net initial...
British Land secures planning for Southwark logistics scheme
British Land has received a resolution to grant planning permission for a c. 140,000 sq ft multi-level last-mile logistics scheme on Mandela Way in...
Moorfield launches REIT to invest in UK residential-for-rent market
UK-focused real estate investment manager Moorfield Group has launched MREIT, its new private real estate investment trust that will initially target acquiring existing and newly-built homes...
