Blackstone to sell self-storage platform for $2.2bn
Blackstone Real Estate Income Trust (BREIT) has agreed to sell Simply Self Storage to Public Storage in the United States for $2.2 billion. The portfolio...
British Land gets green light for multi-level London logistics hub
British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield. According to the company, the site,...
AEW UK REIT acquires mixed-use asset in York for £10m
AEW UK REIT has purchased freehold, mixed-use asset in York city centre for £10m, reflecting an attractive net initial yield of 9.3%. The 99,769 sq ft asset is multi-let to...
British Land lets 48,000 sq ft at The Priestley Building in Guildford
British Land has let 48,000 sq ft of lab-enabled space to leading global life science company LGC at The Priestley Building, a highly sustainable...
LondonMetric sells five urban assets for £43m
LondonMetric Property has agreed to sell five urban assets for £42.8 million, reflecting a NIY of 4.5%. The combined sales are in line with...
Cromwell European REIT divests office building in Milan
Cromwell Property Group has sold the Piazza Affari 2 office building in Milan on behalf of Cromwell European REIT (CEREIT). This transaction marks the first...
Segro pays £120m for Hertfordshire land
Segro has acquired 419 hectares of land located at the former Radlett Aerodrome site in the Upper Colne Valley, Hertfordshire. The land is strategically located close...
SL Green sells stake in NYC building to Japan’s Mori Trust
SL Green Realty has sold a 49.9% interest in 245 Park Avenue in New York City to a U.S. affiliate of Japanese firm Mori...
Prologis to buy industrial portfolio from Blackstone for $3.1bn
Prologis has agreed to acquire nearly 14 million square feet of industrial properties from opportunistic real estate funds affiliated with Blackstone for $3.1 billion in...
AEW UK REIT divests two industrial assets for £16.1m
AEW UK REIT has divested two industrial assets, being Euroway Trading Estate, Bradford and Lockwood Court, Leeds, for £16,100,000. This reflects a blended net initial yield (NIY) of 6.2%...