LondonMetric pays £20.2m for last mile logistics assets in London
LondonMetric Property Plc has paid £20.2 million for two last mile logistics assets totaling 44,000 sq ft in Fulham and Tottenham.
The assets have been...
SL Green sells 25 percent interest in One Madison Avenue
SL Green Realty has sold a 25 percent interest in One Madison Avenue to an international investor.
The buyer has committed aggregate equity to...
British Land signs four new leases with Aldi totaling 85,000 sq ft
British Land has signed four new lease agreements with supermarket giant Aldi at its retail parks, totaling c.85,000 sq ft of space, across the...
KKR to buy real estate asset management company in Japan for $2bn
KKR said that 76KK, a subsidiary of KKR, agreed to acquire all of the outstanding shares of Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR), a real estate...
Duke Realty rejects Prologis’ $24bn acquisition offer
Duke Realty Corp. has rejected a nearly $24 billion acquisition offer from Prologis.
Under the terms of Prologis’ May 10, 2022 proposal, Duke Realty shareholders would...
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...
Custodian REIT divests North-East shopping centre for £9.3m
Custodian REIT has sold a shopping centre in Gosforth, Newcastle for £9.3 million.
The company purchased the 73,367 sq ft shopping centre as part of its acquisition of DRUM...
Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million.
Industrials REIT and Blackstone, following a period...
CapitaLand Ascott Trust to acquire hotels in London, Dublin, Jakarta
Singapore-listed CapitaLand Ascott Trust has announced the proposed acquisition of a hotel in London, The Cavendish London; a hotel in Dublin, Temple Bar Hotel;...
LXi REIT to sell £210m Travelodge hotel portfolio
LXI REIT, a real estate investment trust incorporated in England and Wales, has responded to recent press speculation regarding the potential sale of 66 Travelodge hotels.
The company...
Tritax Big Box and UKCM strike deal for all-share merger
Tritax Big Box REIT (BBOX) and UK Commercial Property REIT (UKCM) have announced their agreement on a recommended all-share combination.
This agreement will see BBOX take over the entire...
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...
