Gecina, Nexity to develop 4,000 new rental housing units in France
French real estate investment trust (REIT) Gecina and real estate group Nexity have signed a partnership agreement to develop 4,000 new rental housing units over...
Regional REIT sells commercial property in Basildon for £32.7m
Regional REIT, a United Kingdom based real estate investment trust, has sold Juniper Park, industrial and office property in Basildon for £32.7m.
This disposal reflects an uplift of 59.4% from...
NewRiver sells 90% interest in Lisburn retail park
NewRiver REIT plc (NewRiver) has sold 90% of its interest in Sprucefield Retail Park, Lisburn in Northern Ireland, to its joint venture partner BRAVO...
CMT, CCT unitholders vote in favour of merger to form new REIT
Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger of CMT and CCT to...
Mapletree Group buys commercial office asset in Seoul for S$528.4m
Mapletree Investments Pte Ltd (MIPL) and Mapletree North Asia Commercial Trust (MNACT) have jointly agreed to acquire The Pinnacle Gangnam, an office asset located...
Colony Capital announces the sale of hospitality portfolios
Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business
Sale Represents Key Milestone in Colony Capital’s Digital Transformation
Colony Capital, Inc. (NYSE: CLNY)...
Preferred Apartment to sell student housing portfolio to TPG for $478m
Preferred Apartment Communities, Inc. announced that it has entered into a purchase and sale agreement to sell its student housing portfolio to TPG Real...
SEGRO to develop underground logistics centre in Paris
UK Real Estate Investment Trust (REIT) SEGRO and Icade, one of France’s leading commercial developers, have signed preliminary agreements to acquire land for the...
Ascendas Reit to acquire office property project in Sydney for A$167.2m
Singapore listed industrial real estate investment trust Ascendas Real Estate Investment Trust (Ascendas Reit) has agreed to acquire a suburban office property (MQX4), to...
Mack-Cali sells office portfolio in Morris County, New Jersey for $160m
Mack-Cali Realty Corporation, a real estate investment trusts (REITs), headquartered in Jersey City, New Jersey, announced it has sold a 10-building office portfolio in Morris County,...
UK REIT SEGRO buys logistics land sites in Barcelona, Madrid
SEGRO, a UK Real Estate Investment Trust (REIT), announced that it has acquired a portfolio of logistics land sites in Barcelona and Madrid, on...
Simon to close properties on Thanksgiving Day
Simon Property Group, the largest shopping center owner in the U.S., announced it will not open properties on Thanksgiving Day.
"In these challenging times, we made...
