JBG SMITH completes renovation of Amazon leased office building

JBG SMITH completes renovation of Amazon leased office building

JBG SMITH today announced that it has completed construction of 1770 Crystal Drive, an approximately 273,000 square-foot office building in National Landing. ''The entire...
Monmouth to explore strategic alternatives, rejects Blackwells offer

Monmouth to explore strategic alternatives, rejects Blackwells offer

Monmouth Real Estate Investment Corporation, a real estate investment trust specializing in net leased industrial properties, has rejected Blackwells Capital LLC's takeover offer. Monmouth...
Kilroy Realty to sell San Francisco office property for $1.1bn

Kilroy Realty to sell San Francisco office property for $1.1bn

Kilroy Realty Corp. said Monday it has agreed to sell The Exchange on 16th, its 750,000 square-foot office property located at 1800 Owens Street...
Park Hotels & Resorts to sell two assets for $149m

Park Hotels & Resorts to sell two assets for $149m

Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key. The assets consist...
SL Green sells stake in New York City office tower for $790m

SL Green sells stake in New York City office tower for $790m

SL Green Realty, Manhattan’s largest office landlord, has sold a 49% interest in 220 East 42nd Street, also known as the Daily News Building,...
Stenprop sells Guernsey office building for £55m

Stenprop sells Guernsey office building for £55m

Stenprop has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
Easterly Government Properties JV to buy VA-leased portfolio for $636m

Easterly Government Properties JV to buy VA-leased portfolio for $636m

Easterly Government Properties Wednesday announced it has formed a joint venture with a global real estate investor. The joint venture will serve as the investment...
Manulife US REIT to acquire three properties in US for $201.6m

Manulife US REIT to acquire three properties in US for $201.6m

Singapore-listed Manulife US Real Estate Investment Trust (Manulife US REIT) has agreed to acquire three properties in the United States for $201,6 million. The company...
Home REIT fully deploys proceeds from £350m capital raise

Home REIT fully deploys proceeds from £350m capital raise

Home REIT has deployed the remaining £55.1 million of the proceeds raised in the company's significantly oversubscribed £350 million equity issue in September 2021(Initial...
British Land, AustralianSuper form JV for Canada Water development

British Land, AustralianSuper form JV for Canada Water development

British Land has sold 50% of its share in the Canada Water masterplan to Australia’s pension fund AustralianSuper for £290 million.  Following completion of the...
Workspace completes acquisition of McKay Securities for £272m

Workspace completes acquisition of McKay Securities for £272m

Workspace Group has completed the acquisition of McKay Securities for £272m. Workspace increased its portfolio of gross property assets to £2.9bn with 5.5m sq ft...
Hibernia REIT appoints new CEO following acquisition by Brookfield

Hibernia REIT appoints new CEO following acquisition by Brookfield

Benedict Real Estate Bidco Limited (Bidco), a subsidiary of one of Brookfield‘s real estate private funds, has completed the acquisition of Hibernia REIT for €1.09 billion. Brookfield’s acquisition...

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