Dream Industrial REIT agrees to sell US portfolio
Dream Industrial REIT (Trust) has agreed to sell 20 of its U.S. assets (29 buildings in total) (seed portfolio) to a private open-ended U.S....
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%.
The 29,000 sq ft asset was acquired in 2014 for £8.1...
JLL Income Property Trust buys two life sciences properties in Durham, North Carolina
JLL Income Property Trust has acquired 5 & 47 National Way, two life sciences properties located in Durham, North Carolina, for $67 million.
The properties...
Target Healthcare REIT secures £37m loan facility
UK-listed Target Healthcare REIT has entered into a new long-term £37 million committed term loan facility with Phoenix Group, an existing lending partner.
The facility carries...
Blackstone to buy Resource REIT for $3.7bn
Blackstone Real Estate Income Trust (BREIT) has agreed to acquire all of the outstanding shares of common stock of Resource REIT(REIT) for $14.75 per...
Brookfield makes cash offer to buy Hibernia REIT
Benedict Real Estate Bidco Limited (Bidco), a subsidiary of one of Brookfield's real estate private funds, has made a cash offer worth €1.09 billion to...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%.
The combined sale price is 35% above its 30...
Derwent London divests Bush House for £85m
London-focused real estate investment trust Derwent London has agreed to sell Bush House, South West Wing WC2, a 103,700 sq ft freehold office building,...
Custodian REIT changes name to Custodian Property Income REIT
Custodian REIT plc has changed its name to Custodian Property Income REIT plc with immediate effect.
The UK REIT said the new name better reflects...
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...
Realty Income to invest $950m in Bellagio Las Vegas
Realty Income has agreed to invest approximately $950 million to acquire common and preferred equity interests from BREIT in a new joint venture that...
Kimco Realty closes $2bn RPT Realty acquisition
Kimco Realty has completed its previously announced $2 billion acquisition of RPT Realty.
The REIT added 56 shopping centres, of which 43 are wholly owned,...
