BCPT divests London and Manchester office assets for £42m
Balanced Commercial Property Trust (BCPT ) has divestsed two further office assets, 7 Birchin Lane in London and 82 King Street in Manchester.
The company sold...
Home REIT in exclusive talks with Patron Capital for portfolio sale
Home REIT has confirmed that it has entered into an exclusivity agreement with Patron Capital as part of its ongoing sales process, following recent...
Columbia Property Trust completes acquisition of Normandy Real Estate Management
Columbia Property Trust (NYSE: CXP) announced that it has closed on its previously announced acquisition of Normandy Real Estate Management, LLC, a developer, operator...
Choice Properties REIT sells property portfolio for $426M
Choice Properties Real Estate Investment Trust (REIT) has signed an agreement to sell a portfolio of 30 properties across Canada for $426 million to...
Supermarket Income REIT buys supermarket in Cambridgeshire
Supermarket Income REIT plc has purchased a Morrisons supermarket in Wisbech, Cambridgeshire from Aberdeen Standard Investments for £30.0 million (excluding acquisition costs), representing a combined net initial yield of 5.0%.
The...
Griffin Capital Essential Asset REIT sells office building in El Segundo, CA for $63.5M
Griffin Capital Essential Asset REIT, Inc. (the “REIT”) announced the sale of a 151,289 square foot, Class “A”, three-story office building located at 2160 Grand...
Vornado completes $1.2bn refinancing of 555 California Street
Vornado Realty Trust said on Monday it has completed a $1.2 billion refinancing of 555 California Street, a three building 1.8 million square foot trophy...
Kimco Realty completes land sale in Florida to Spirit Airlines
-Kimco Completes Land Sale and Ground Lease to Spirit Airlines for New $250 Million Global Headquarters at its Dania Pointe® Signature Series® Development
-Kimco also signs leases...
Monmouth gets revised acquisition proposal from Starwood
Monmouth Real Estate Investment Corporation on Thursday confirmed it has received a revised, unsolicited acquisition proposal from Starwood Capital Group.
Under the terms of Starwood’s...
Blackstone to acquire American Campus Communities for $12.8bn
Blackstone has agreed to acquire American Campus Communities, the largest developer, owner and manager of student housing communities in the United States, for $12.8...
Stenprop acquires three industrial estates for £11.82m
Stenprop has acquired three multi-let industrial estates in Edinburgh, Cardiff and Wigan in separate transactions for a total consideration of £11.82 million.
The 13-unit,...
Blackstone completes $7.6bn acquisition of PS Business Parks
Affiliates of Blackstone Real Estate have completed the previously announced acquisition of all of the outstanding shares of common stock of PS Business Parks...
