Workspace sells prime office property in London for £92m
Workspace Group has agreed to sell 13-17 Fitzroy Street, a prime office property in Fitzrovia, London for £92 million.
Workspace said the sale...
Highgate, Cerberus JV to buy CorePoint Lodging for $1.5bn
A joint venture between affiliates of Highgate and Cerberus Capital Management has agreed to acquire CorePoint Lodging Inc., a publicly traded U.S. lodging REIT.
Under...
SEGRO acquires Slough office portfolio for £425m
SEGRO has acquired a portfolio of offices on the Bath Road in Slough from clients of AEW for £425 million.
The portfolio represents 89,000 sq...
LXi announces acquisitions totalling £57m
LXi REIT has announced acquisitions funded by its recent £250 million equity capital raise.
The acquisitions, which have been transacted on an off-market basis, total...
British Land sells 75% stake in Paddington Central for £694m
British Land has agreed to sell a 75% interest in the majority of its Paddington Central assets, a 11-acre mixed-use campus in London, to Singapore’s...
Helical sells Manchester office building for £34.55m
Helical has simultaneously exchanged and completed contracts on the sale of Trinity, an office building in Manchester, to clients of Mayfair Capital, for £34.55m (£590 psf), reflecting a...
LondonMetric divests four properties for £25.6m
LondonMetric has sold four properties, in two separate transactions, for £25.6 million, reflecting a blended NIY of 5.3%.
LondonMetric said the properties have a WAULT...
University of California to invest additional $500m in Blackstone REIT
The Office of the Chief Investment Officer of the Regents of the University of California (UC Investments) and Blackstone announced an expansion of their long-term...
UKCM divests logistics asset in London for £74m
UK Commercial Property REIT (UKCM) has sold its 186,455 sq ft Wembley180 logistics asset in London for £74 million, reflecting a net initial yield...
LondonMetric sells four retail assets for £17m
LondonMetric Property has sold four retail assets for £16.9 million in separate transactions.
The largest asset comprises a 27,000 sq ft Waitrose store in Malmesbury which...
Warehouse REIT reports 22.1% rise in Q4 contracted rent
Warehouse REIT has announced a robust quarter of leasing activities for the three months ending on December 31, 2023.
According to the company, this...
Landsec gets green light for City of London office scheme
The City of London Corporation has given the green light to Landsec's plans for Hill House, EC4.
This development will see the transformation of...
