Ascott Residence Trust grows longer-stay portfolio with JPY10.4bn deal
Ascott Residence Trust (ART) is expanding its longer-stay lodging portfolio with new investment in Japan. ART will acquire four rental housing properties and its first...
UK logistics REIT buys five assets for £33.1m
UK logistics REIT Urban Logistics has purchased five logistics assets for £33.1 million, reflecting a 6.4% net initial yield, located in Ripon, Braintree, Oxford,...
LondonMetric acquires £15m of long income roadside assets
LondonMetric Property Plc, the UK property investment company, a FTSE 250 REIT, listed on London Stock Exchange, has acquired £14.5 million of long income...
Blackstone announces acquisition of Simply Self Storage for $1.2bn
Blackstone Real Estate Income Trust, Inc. (BREIT) said on Monday that it has entered into a definitive agreement to acquire Simply Self Storage from...
IRES adds 69 residential homes to portfolio
Irish Residential Properties REIT (I-RES) has acquired 69 new residential homes at Tara View, Merrion Road, Dublin 4 (formerly known as Project Merrion). I-RES entered into...
PREIT files for Chapter 11 petition to execute financial restructuring plan
Mall owner PREIT, owns and operates over 22 million square feet of retail space in the eastern half of the United States, has filed a...
DHL signs lease at SEGRO Logistics Park East Midlands Gateway
DHL has signed a ten-year lease agreement for the 192,000 sq ft space at SEGRO Logistics Park East Midlands (SLP-EMG), bringing the total space...
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...
Rexford Industrial makes two acquisitions for $194.4m
Rexford Industrial Realty has acquired two industrial properties for $194.4 million. The acquisitions were funded using cash on hand. "These investments, acquired through off-market transactions, demonstrate the company's programmatic and...
Supermarket Income REIT buys Newcastle Sainsbury’s store for £53.1m
Supermarket Income REIT plc has purchased a Sainsbury's supermarket in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1 million, reflecting a combined net initial yield of 4.1%. The...
