Workspace to acquire McKay Securities for £272m
London-based flexible office space provider Workspace Group plans to acquire McKay Securities, a United Kingdom-based real estate investment trust (REIT), for £272m.
Workspace Group Plc, a...
Qatar Holding makes offer to buy Coima Res
Evergreen S.p.A. has launched a voluntary public tender and exchange offer on all of the ordinary shares of Coima Res S.p.A. SIIQ (Coima Res),...
Icade sells Paris office building for €219m
Icade has completed the sale of the Gambetta building in the 20th district of Paris to Primonial REIM France for €219 million.
Refurbished in 2019,...
Home REIT pays £57m for 158 properties across England
Home REIT has paid £57.4 million for 158 additional properties located across England.
These acquisitions were funded by the net proceeds raised via the company's oversubscribed £263 million equity issue...
Workspace sells residential scheme in Wandsworth for £54m
London-based flexible office space provider Workspace Group has sold the residential component of the Riverside mixed-use redevelopment in Wandsworth, SW18, for £53.95m.
£43.95m is payable...
Cromwell European REIT divests office building in Milan
Cromwell Property Group has sold the Piazza Affari 2 office building in Milan on behalf of Cromwell European REIT (CEREIT).
This transaction marks the first...
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...
Warehouse REIT sells two assets for 3.7% above book value
UK Real Estate Investment Trust Warehouse REIT has announced divestment of two assets in separate transactions for a total consideration of £13.4 million.
The combined...
UKCM shareholders overwhelmingly back merger with Tritax Big Box REIT
UKCM shareholders overwhelmingly approved the proposed merger with Tritax Big Box REIT at recent meetings.
In a strong show of support, around 95% of UKCM...
GoldenTree to buy £351m portfolio from Abrdn Property Income Trust
Abrdn Property Income Trust (API) has entered into an agreement with US investment giant GoldenTree Asset Management LP for the sale of its entire...
LondonMetric sells ten non-core properties for £74m
LondonMetric Property has divested ten non-core properties for a total consideration of £74.2 million (LondonMetric share: £69.4 million) and reflecting a NIY of 6.9%.
The...
PHP proposes £1.5bn merger with Assura
Primary Health Properties PLC (PHP) has submitted an indicative cash and share proposal to acquire Assura plc, aiming to purchase the entire issued and...
