what is real estate investment trust

What is real estate investment trust (REIT)?

A real estate investment trust (REIT) is simply a particular type of company such as an investment fund or security that owns, operates, acquires,...
SEGRO appoints Andy Harrison as new chairman

SEGRO appoints Andy Harrison as new chairman

SEGRO has appointed Andy Harrison as its new cahirman, succeeding Gerald Corbett, who is stepping down. Harrison will join the board and the nomination committee...
SL Green sells mixed-use building in New York

SL Green sells mixed-use building in New York

SL Green Realty Corp., an S&P 500 company and a fully integrated real estate investment trust(REIT), has agreed to sell 315 West 33rd Street, the mixed-use building on...
LondonMetric sells four retail assets for £17m

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...
Capreit completes full acquisition of European Residential REIT

Capreit completes full acquisition of European Residential REIT

Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) and European Residential Real Estate Investment Trust (ERES) have completed their previously announced plan of arrangement,...
Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn

Frasers Centrepoint Trust to acquire remaining 63.1% in AsiaRetail Fund for S$1.06bn

Frasers Centrepoint Asset Management (FCAM), the manager of Frasers Centrepoint Trust (FCT), will acquire the remaining approximately 63.1% of the total issued share capital...
Highwoods buys Bank of America Tower in Charlotte for $436M

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...
KKR, Global Infrastructure Partners to acquire CyrusOne for $15bn

KKR, Global Infrastructure Partners to acquire CyrusOne for $15bn

KKR and Global Infrastructure Partners (GIP) are acquiring CyrusOne, a global data center REIT, for $15 billion. CyrusOne Monday announced a definitive agreement pursuant to...

Deadline extended for potential Assura takeover offer

Healthcare property investor Assura plc has given more time to a potential takeover bid from private equity firms KKR and Stonepeak. The company confirmed...
JLL Income buys shopping center in in Milford, Massachusetts

JLL Income buys shopping center in Milford, Massachusetts

JLL Income Property Trust has acquired Milford Crossing, a newly-constructed 160,000 square-foot high-quality grocery-anchored neighborhood shopping center in Milford, Massachusetts, just 24 miles from...
ESR-Reit proposes merger with ARA Logos

ESR-Reit proposes merger with ARA Logos

ESR Cayman Limited Friday announced ESR-Reit’s proposed merger with ARA Logos Logistics Trust. According to a press release by ESR, ARA Logos Logistics Trust(ALOG) will become...
KKR and Stonepeak raise offer for Assura to £1.7bn

KKR and Stonepeak raise offer for Assura to £1.7bn

Assura plc has confirmed its recommendation of a best and final increased cash offer from Sana Bidco Limited (Bidco), an entity indirectly owned by...

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