Stenprop sells Guernsey office building for £55m
Stenprop has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%.
The 29,000 sq ft asset was acquired in 2014 for £8.1...
LondonMetric buys urban logistics warehouse in Cardiff
LondonMetric Property Plc has purchased an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%.
The 119,000 sq ft warehouse...
Boston Properties completes acquisition of Safeco Plaza in Seattle
Boston Properties has completed the acquisition of Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office property in Seattle, Washington.
BXP completed...
Macquarie to acquire 50% interest in Medical Properties Trust portfolio
Macquarie Infrastructure Partners V (MIP V) and Medical Properties Trust (MPT) have entered into a partnership for eight Massachusetts hospitals valued at $1.78 billion.
Medical...
LXi REIT buys nursery school portfolio for £34m
LXi REIT has acquired a portfolio of 23 nursery schools in England for £34 million, in a sale and lease back transaction, reflecting an accretive 5.5%...
Blackstone funds complete acquisition of QTS Realty Trust for $10bn
Blackstone and QTS Realty Trust announced that affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc., and Blackstone Property Partners have completed...
CDL Hospitality Trusts enters UK BTR sector
Singapore-listed CDL Hospitality Trusts (CDLHT) has entered into a land purchase agreement and a development funding agreement to invest into a residential build-to-rent (BTR)...
Regional REIT acquires UK office portfolio for £236m
Regional REIT has acquired a portfolio of 31 multi-let office assets from Squarestone Growth LLP for a consideration price of £236 million.
Regional REIT said the portfolio...
Vornado to sell five Manhattan retail properties for $184.5m
Vornado Realty Trust has entered into agreements to sell five Manhattan retail properties for $184.5 million.
The Manhattan retail properties, located at 677...
Keppel REIT Management CEO Paul Tham to step down
Keppel REIT Management Limited, the manager of Keppel REIT, said on Friday Paul Tham will step down as chief executive officer (CEO) on 20...
British Land announces acquisitions and disposals worth £350m
British Land has announced acquisitions and disposals worth £350 million as a part of its strategy which is 'to more actively focus its capital...
