Canadian REIT divests remaining interest in IRES
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) has sold its remaining equity interest in Irish Residential Properties REIT (IRES).
During the first quarter...
Realty Income, KKR launch €528m European real estate joint venture
Realty Income and KKR are forming a euro-denominated joint venture that will own a diversified portfolio of 54 European net lease properties, as the...
Strategic Storage Growth Trust II buys 970-Unit self storage facility in Florida
Strategic Storage Growth Trust II, Inc., a private real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., has acquired...
RDI sells 127 Charing Cross Road, London for £59.25m
UK Real Estate Investment Trust RDI has completed the disposal of 127 Charing Cross Road, London for £59.25 million to Nomura Real Estate UK...
Realty Income closes first tranche of CIM portfolio acquisition
Realty Income Corporation announced it has closed on the acquisition of 411 properties for approximately $1.035 billion, representing the first tranche of the previously...
Equity Commonwealth to buy Monmouth Real Estate for $3.4bn
Equity Commonwealth, a Chicago based, internally managed and self-advised real estate investment trust (REIT), and Monmouth Real Estate Investment Corporation (Monmouth) have entered into...
Interest rate cuts support portfolio value stability, says Schroder European REIT
Schroder European Real Estate Investment Trust (REIT) has released an update on the independent valuation of its property portfolio as of September 30, 2024....
LondonMetric acquires three urban logistics warehouses for £35.4m
LondonMetric Property Plc has acquired three urban logistics warehouses for £35.4 million in separate transactions, reflecting a blended NIY of 4.4% and a reversionary...
Simon, Taubman revise merger price to $43.00 per share in cash
Simon Property Group, the biggest U.S. mall operator, and Taubman Centers have reached a definitive agreement to modify certain terms of their original merger agreement, including...
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...
Singaporean REIT invests £101m in UK logistics development
Singapore-listed real estate investment trust (REIT) Frasers Logistics & Commercial Trust has agreed to acquire a prime freehold logistics development in Cheshire, North West...
KKR and Stonepeak raise offer for Assura to £1.7bn
Assura plc has confirmed its recommendation of a best and final increased cash offer from Sana Bidco Limited (Bidco), an entity indirectly owned by...
