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...
Supermarket Income REIT buys two assets from LaSalle for £64.8m
Supermarket Income REIT has agreed to acquire a Sainsbury's supermarket in Melksham, Wiltshire, and a Waitrose supermarket in Winchester, Hampshire, from LaSalle Investment Management...
Blackstone REIT, LBA announce $1.6bn industrial recapitalization
Blackstone Real Estate Income Trust, Inc. (BREIT) and LBA Logistics (LBA) announced the recapitalization of two industrial portfolios owned by LBA comprising $1.6 billion...
ESRT signs two new leases at One Grand Central Place
Empire State Realty Trust, Inc.(ESRT) has signed two new leases for a total of 49,999 square feet at its One Grand Central Place, a 56-story...
KBS sells Class A office property in Phoenix, Arizona for $103.5m
KBS has sold a 333,014 square-foot Class A office property, Anchor Centre, in Phoenix, Arizona to TerraCap for $103.5 million. The office property was owned by...
McKay secures lease renewal at SwanCourt in Wimbledon
McKay Securities Plc has agreed a lease renewal with Domestic & General (D&G) for 37,400 sq ft (70% of the office space) at Swan...
NPS, Allianz acquire 50% stake in OUE Bayfront in Singapore
Allianz Real Estate, on behalf of National Pension Service of Korea (NPS) and Allianz group companies (Allianz), via its AREAP Core I fund has...
Monmouth to explore strategic alternatives, rejects Blackwells offer
Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer.
Monmouth...
Prologis completes $25bn of investment activity in 2020
Global logistics real estate company Prologis, Inc. announced that it has completed $25 billion of investment activity on an owned and managed basis in 2020.
''From the...
Urban Logistics acquires site in Bromborough, Wirral for £16.3m
Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...
SEGRO collects 98% of rents in 2020
UK Real Estate Investment Trust (REIT) SEGRO continued its strong rent collection for the full year to 31 December 2020 and the first quarter...
American Tower buys Telxius Towers from Telefónica for $9.4bn
American Tower Corporation announced that it has entered into definitive agreements with Telefónica to acquire Telxius Towers, comprising approximately 31,000 existing communications sites in...
