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...
Derwent London reports strong Q1 leasing amid low office supply
Derwent London plc has reported a positive start to 2025, with leasing and asset management activity exceeding expectations, driven by sustained demand for high-quality...
JLL Income Property Trust buys life sciences building in New Jersey for $47m
JLL Income Property Trust has purchased 170 Park Avenue, a 147,000-square-foot, purpose-built life sciences building in Florham Park, New Jersey for $47 million.
The property...
Custodian REIT divests industrial unit in Milton Keynes for £8.5m
UK real estate investment trust Custodian REIT has sold an industrial unit in Milton Keynes for £8.5 million at a 73% premium to its 31 March 2022...
COPT, Blackstone form data center shell joint venture
Corporate Office Properties Trust (COPT) has formed a joint venture with Blackstone Real Estate Income Trust (BREIT), Inc. to acquire seven of COPT’s existing,...
American Tower to buy CoreSite in $10.1bn deal
American Tower is acquiring CoreSite Realty, a US data center operator, in a deal valued at about $10.1 billion.
American Tower Corporation and CoreSite Realty Corporation...
Capco, Shaftesbury in merger talks
UK-based property firms Shaftesbury Plc and Capital & Counties Properties Plc (Capco) are in advanced discussions regarding a possible all-share merger of the two...
Blackstone to buy Resource REIT for $3.7bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire all of the outstanding shares of common stock of Resource REIT(REIT) for $14.75 per...
CDL, Tikehau increase their stakes in IREIT Global
IREIT Global (IREIT), a Europe-focused real estate investment trust managed by IREIT Global Group Pte. Ltd., announced that Tikehau Capital and City Developments Limited...
Canadian REIT buys US logistics property portfolio for US$730m
Canadian WPT Industrial REIT (WPT), a publicly traded real estate investment trust, listed on the Toronto Stock Exchange, has agreed to acquire a portfolio...
Inovalis REIT enters Spanish real estate market with office buy
Inovalis REIT, a Canada-based real estate investment trust, has entered the Spanish real estate market with the acquisition of two connected office buildings in...
Hibernia REIT gets approval for expanded development of Harcourt Square
Irish Real Estate Investment Trust, Hibernia REIT plc (Hibernia), listed on Euronext Dublin and the London Stock Exchange, has received approval from Dublin City...
