Australia’s Cromwell confirms takeover talks with UK REIT RDI
Global real estate invastment and manager, Australian Cromwell Property Group confirmed that it has made an approach to the board of RDI Reit...
Urban Logistics receives £674m proposal from LondonMetric
Urban Logistics REIT plc has confirmed it has received a revised proposal from LondonMetric Property plc regarding a possible acquisition of the entire issued...
Centric Brands signs lease for 212,154 sq ft at the Empire State Building
Empire State Realty Trust (ESRT) has signed a direct lease with Centric Brands for 212,154 square feet at the Empire State Building (ESB).
The...
Ashford Trust acquires a hotel in California
Ashford Hospitality Trust, Inc. has acquired Hilton Santa Cruz/Scotts Valley in Santa Cruz, California for $50 million.
To fund the acquisition the company used...
Regional REIT divests industrial property portfolio for £45m
Regional REIT has agreed to sell an industrial property portfolio to ARA Dunedin for £45 million.
Regional REIT said this reflects a net initial yield...
Saudi REIT pays $62m for US logistics portfolio
Saudi Arabia-based Riyad Capital said its Shariah-compliant real estate investment fund, Riyad REIT, has invested SAR 233 million (appr. $62 million) in a US...
Supermarket Income REIT buys additional stake in Sainsbury’s portfolio
Supermarket Income REIT has increased its stake in Sainsbury's Reversion Portfolio to 51% by acquiring British Airways Pension Trustees' 25.5% beneficial interest for £196...
Slate Grocery REIT to acquire $390m grocery-anchored portfolio
Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, has agreed to acquire a grocery-anchored portfolio comprising 25 properties and 3.1...
Nextensa sells stake in Belgian REIT Retail Estates
Belgian real estate investor and developer Nextensa has announced the sale of its entire 8.99% stake in Belgian real estate investment trust (REIT) Retail...
McKay sells freehold interest in Reading office building for £19m
McKay Securities Plc has agreed to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town centre, to...
Royal London targets UK care infrastructure with £1bn Healthcare REIT
Royal London Asset Management Property has launched a £1 billion Healthcare Real Estate Investment Trust (REIT) as it looks to scale investment in the...
LondonMetric divests four properties for £25.6m
LondonMetric has sold four properties, in two separate transactions, for £25.6 million, reflecting a blended NIY of 5.3%.
LondonMetric said the properties have a WAULT...
