CMT, CCT announce merger to form third largest REIT in APAC
CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) jointly announced the merger plan to create a diversified commercial real estate investment trust (REIT)...
Apple Hospitality REIT takes steps to mitigate impact of COVID-19
Apple Hospitality REIT, Inc. (NYSE: APLE) announced that it has taken steps to mitigate the impact of the novel coronavirus (COVID-19) outbreak on its...
SL Green collects majority of rent during COVID-19 pandemic
SL Green Realty Corp., a fully integrated real estate investment trust and an S&P 500 company, has collected the vast majority of its property rents...
Facebook leases 730,000 square feet at Vornado’s Farley Building in New York City
Vornado Realty Trust, a fully-integrated equity real estate investment trust, announced Facebook has leased 730,000 square feet comprising all of the office space at...
Preferred Apartment to sell student housing portfolio to TPG for $478m
Preferred Apartment Communities, Inc. announced that it has entered into a purchase and sale agreement to sell its student housing portfolio to TPG Real...
AEW UK REIT acquires industrial estate in Weston Super Mare
AEW UK REIT plc has acquired a multi-let industrial estate, Westlands Distribution Park in Weston Super Mare for £5.4 million, reflecting a low capital value of £175,000 per...
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 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 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 (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 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 has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
