Postal Realty Trust completes acquisition of 113-property USPS portfolio
Postal Realty Trust, Inc. (NYSE:PSTL) (the “Company”), an internally managed real estate investment trust that owns properties leased to the United States Postal Service...
SEGRO buys retail park in Slough for £120m
SEGRO has purchased Bath Road Shopping Park in Slough from Royal London Asset Management for £120 million.
The retail park is strategically located next to...
Prime US REIT buys office complex in San Diego, California for $146m
Singapore-listed Prime US REIT has acquired Sorrento Towers, a 296,327 square-foot Class A office complex in the heart of Sorrento Mesa, San Diego, California...
JLL Income Property Trust secures $650m credit facility
JLL Income Property Trust has secured a $650 million credit facility with a syndicate of eight market-leading real estate lenders.
The credit facility contains a $415 million revolving line...
Home REIT fully deploys proceeds from £350m capital raise
Home REIT has deployed the remaining £55.1 million of the proceeds raised in the company's significantly oversubscribed £350 million equity issue in September 2021(Initial...
Gecina completes student housing portfolio sale to Nuveen and GSA
French real estate investment trust (REIT) Gecina has announced the completion of the sale of its student housing portfolio to a joint venture between...
CDL Hospitality Trusts enters UK BTR sector
Singapore-listed CDL Hospitality Trusts (CDLHT) has entered into a land purchase agreement and a development funding agreement to invest into a residential build-to-rent (BTR)...
Marcus Sperber joins SEGRO as non-executive director
SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May 2024.
Marcus Sperber is a Fellow of the Royal Institution...
Blackstone makes mandatory cash offer for Warehouse REIT
Wapping Bidco Ltd, a newly formed company indirectly owned by investment funds advised by affiliates of Blackstone Inc., has made a recommended mandatory cash...
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...
Terreno Realty buys Brooklyn industrial property for $80.5M
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced that it has acquired an...
Home REIT offloads 101 properties for £18.5m
Home REIT has sold a further 101 properties for £18.5m, representing 6.6% of the company's portfolio by value (based on JLL's August 2023 draft valuation).
The gross...
