Paramount sells office building in Washington D.C for $154.5M
Paramount Group, a fully-integrated real estate investment trust and headquartered in New York City, has sold Liberty Place, a 172,000 square foot office building...
AHIP REIT to acquire US hotel portfolio for $191m
American Hotel Income Properties REIT LP (AHIP) has agreed to acquire a portfolio of 12 well-maintained premium branded hotels for US$191 million excluding closing...
Blackstone, MGM Growth form JV to acquire Las Vegas real estate assets for $4.6bn
MGM Growth Properties LLC (MGP) and Blackstone Real Estate Income Trust, Inc. (BREIT) have entered into a definitive agreement to form a new joint venture to...
Ventas comments on COVID-19 and provides update on full-year 2020 guidance
Ventas, Inc. (NYSE:VTR), an S&P 500 company and real estate investment trust, issued the following statement regarding the on-going COVID-19 pandemic.
“At Ventas, our first...
Service Properties Trust sells industrial property for $51m
Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at 555 Turnpike...
JBG SMITH completes $385m Freddie Mac financing for three multifamily assets
JBG SMITH announced the completion of $385 million of 10-year financing with Freddie Mac, comprising separate loans on three multifamily assets.
Wells Fargo Multifamily...
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...
Americold buys warehouse company in New Jersey for $480m
Americold Realty Trust has acquired Hall’s Warehouse Corporation (Hall’s), a third party logistical service, storage and warehouse provider, based in South Plainfield, New Jersey for...
GLP Japan REIT raises US$532m to acquire logistics assets
GLP Japan Real Estate Investment Trust (GLP J-REIT) has completed a global offering of newly issued investment units, raising JPY 55.6 billion (offer price...
Urban Logistics acquires site in Bromborough, Wirral for £16.3m
Urban Logistics, the UK logistics REIT, has acquired off-market a logistics site in Bromborough, Wirral for £16.3 million at a net initial yield (NIY)...
JLL Income Property Trust buys distribution center in Phoenix for $91m
JLL Income Property Trust has acquired Southeast Phoenix Distribution Center, a four-building, Class A distribution center totaling 474,000 square feet located in the Chandler...
Equity Commonwealth to buy Monmouth Real Estate for $3.4bn
Equity Commonwealth, a Chicago based, internally managed and self-advised real estate investment trust (REIT), and Monmouth Real Estate Investment Corporation (Monmouth) have entered into...
