Mack-Cali sells office portfolio in Morris County, New Jersey for $160m
Mack-Cali Realty Corporation, a real estate investment trusts (REITs), headquartered in Jersey City, New Jersey, announced it has sold a 10-building office portfolio in Morris County,...
UK REIT SEGRO buys logistics land sites in Barcelona, Madrid
SEGRO, a UK Real Estate Investment Trust (REIT), announced that it has acquired a portfolio of logistics land sites in Barcelona and Madrid, on...
Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day. "In these challenging times, we made...
SL Green celebrates the historic opening of One Vanderbilt Avenue
1,401 foot tower redefines the Manhattan skyline, transforms the modern workplace and reaffirms the future of New York City SL Green’s private $220 million investment...
Aimco announces the formation of Apartment Income REIT, a self-managed $10 billion REIT, and...
APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) (“Aimco”) announced today its plan to separate its business into two, separate and distinct, publicly traded companies, Apartment Income...
Supermarket Income REIT buys Tesco supermarket in Bracknell for £39.5m
Supermarket Income REIT has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors for £39.5 million, reflecting a net initial yield of 5.7%. Developed in...
Keppel REIT buys freehold commercial property in Sydney for A$306m
Singapore-based Keppel REIT announced it has entered into an agreement with the Goodman Group to acquire a 100% stake Pinnacle Office Park, a freehold...
LondonMetric sells six warehouses for £57.3m
LondonMetric Property Plc (LondonMetric) has sold a portfolio of six distribution warehouses for £57.3 million to Canmoor and Canadian institutional investor, AIMCo, reflecting a blended NIY of 5.3%. The portfolio has been acquired over...
Charter Hall to acquire stake in BP New Zealand portfolio
Charter Hall Group announced that its new fund has agreed to acquire a 49% interest in a NZ $534 million portfolio of 70 triple...
UKCM sells retail park to M7 Real Estate for £46.25m
UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...