LaSalle secures $456m from the global public offering of LaSalle Logiport REIT in Japan
Global real estate investment manager LaSalle Investment Management (LaSalle) has completed the global public offering of LaSalle Logiport REIT (LLR), raising newly issued equity...
PRS REIT to sell property arm to Waypoint in £646m deal
The PRS REIT plc has entered into non-binding heads of terms for the proposed sale of its operating subsidiary, PRS REIT Holding Company Limited,...
CEREIT to acquire 11 industrial assets in Czech Republic and Slovakia
Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust (Cromwell European REIT or CEREIT), has entered into a...
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...
Highwoods closes Bank of America Tower acquisition in Charlotte
Highwoods Properties, Inc., a publicly-traded real estate investment trust (REIT) headquartered in Raleigh, has closed the acquisition of Bank of America Tower at Legacy...
BVK, Paramount JV buys Times Square retail property for $191.5m
A joint venture between German pension fund Bayerische Versorgungskammer (BVK) and Paramount Group has acquired a retail property at 1600 Broadway for $191.5 million from...
Apple Hospitality REIT announces retirement of Executive Vice President
Apple Hospitality REIT announced that David Buckley, the Company’s Executive Vice President and Chief Legal Officer, plans to retire on April 15, 2019. Mr....
JLL Income Property Trust buys interest in $1.2bn single-family rental portfolio
JLL Income Property Trust has acquired an approximately 47 percent interest in a single-family rental portfolio.
The existing portfolio of over 4,000 homes was assembled...
Deutsche Konsum REIT divests 14 retail properties
Deutsche Konsum REIT, a listed real estate company focused on German retail properties, has sold a portfolio of 14 retail properties.
The buyer is an...
CapitaLand Ascott Trust divests four properties in France for €44m
Singapore-listed lodging trust CapitaLand Ascott Trust (CLAS) has divested four mature serviced residences in regional France for €44.4 million (S$64.7 million).
The four properties...
Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust.
The announcement follows approval of the transaction by Chesapeake’s...
IREIT Global buys Grade A office building in Barcelona
Singapore-listed real estate investment trust IREIT Global has acquired an office building known as “Parc Cugat” located in Sant Cugat del Vallès, Barcelona, Spain...
