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,...
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...
CapitaLand to divest interest in commercial properties in China
CapitaLand, through its associates, has agreed to divest its interest in the companies which hold five business park properties and Rock Square mall in...
Goodman, CPP Investments, APG commit £900m of equity to UK logistics partnership
Goodman Group, Canada Pension Plan Investment Board (CPP Investments) and APG Asset Management N.V. (APG) have each committed an additional £300 million of equity to investment vehicles in...
Blackbrook buys Sainsbury’s logistics facility in Scotland
European commercial property investment firm Blackbrook Capital (Blackbrook), has acquired a cross-dock logistics facility in the Glasgow City region in Scotland. The transaction price...
M7 buys ten industrial and office assets in Portugal for €41m
M7 Real Estate (M7) has acquired ten industrial and office assets in Portugal via two transactions for a total of €41 million, on behalf...
Valor, QuadReal form €1bn urban logistics joint venture
Pan-European logistics platform Valor Real Estate Partners (Valor) and QuadReal Property Group (QuadReal) have formed a joint venture to invest €1 billion in urban...
PGIM Real Estate buys industrial portfolio in New Jersey for $275m
PGIM Real Estate, the real estate investment and financing business of PGIM, has acquired a four-building 2.2-million-square-foot industrial portfolio in New Jersey for $275...
Amazon to open Melbourne fulfilment centre at Dexus industrial estate
Amazon Australia said on Friday that it plans to open a second Melbourne fulfilment centre (FC) late next year. It will create 300 jobs...
GIC’s P3 acquires retail logistics real estate portfolio in Germany
P3 Logistic Parks (P3), the European warehouse property manager and developer owned by GIC, Singapore’s sovereign wealth fund, has signed an agreement to acquire...