Landsec boosts Bluewater stake with £120m acquisition
Landsec has acquired an additional 17.5% stake in Bluewater shopping centre in Kent from Singapore’s sovereign wealth fund GIC for £120 million.
This acquisition increases...
Lineage Logistics buys refrigerated railcar firm Cryo-Trans
Lineage Logistics, the temperature-controlled industrial REIT and logistics solutions provider, announced that it has acquired Cryo-Trans, an owner of North America’s largest private fleet...
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,...
Park Hotels completes acquisition of Chesapeake Lodging Trust for $2.5bn
Park Hotels & Resorts Inc. has completed its previously announced acquisition of Chesapeake Lodging Trust.
The announcement follows approval of the transaction by Chesapeake’s...
St George, SEGRO form JV for industrial development in Brent
St George, a member of the Berkeley Group, and SEGRO have formed a 50:50 joint venture to develop an urban multi-storey industrial property as...
Hudson Pacific expands studio business with $360m acquisition
Hudson Pacific Properties has expanded its studio business with the acquisition of Quixote Studios, a provider of sound stages and production services to the entertainment industry,...
Xior to buy €939m European PBSA portfolio
Xior Student Housing is acquiring a €939 million portfolio of 11 PBSA assets operated by Basecamp.
Xior has signed an agreement with Basecamp Group,...
LondonMetric pays £26.7m for six London urban logistics warehouses
LondonMetric has acquired six urban logistics warehouses in London in separate transactions for a total investment of £26.7 million, reflecting an anticipated blended initial yield of...
Warehouse REIT secures planning consent for 1msf at Crewe
Warehouse REIT has secured a resolution to grant outline planning permission from Cheshire East Council for a further 1,020,000 sq ft of warehousing at its flagship...
Supermarket Income REIT buys Worcester Tesco store for £38m
Supermarket Income REIT has purchased a Tesco omnichannel supermarket in Worcester, for £38.3 million, reflecting a net initial yield of 6.0%.
Tesco has been operating at...
Sainsbury’s buys back eight stores from joint venture portfolio
Sainsbury's has exercised its second purchase option to acquire eight stores within its reversion portfolio.
Supermarket Income REIT announced an update in relation to its...
Icade sells Paris office building for €219m
Icade has completed the sale of the Gambetta building in the 20th district of Paris to Primonial REIM France for €219 million.
Refurbished in 2019,...
