ESR-Reit proposes merger with ARA Logos
ESR Cayman Limited Friday announced ESR-Reit’s proposed merger with ARA Logos Logistics Trust. According to a press release by ESR, ARA Logos Logistics Trust(ALOG) will become...
Cromwell buys intermodal logistics park in Italy
Cromwell Property Group has completed an off-market acquisition of an intermodal logistics park located in Italy, for Cromwell European REIT (CEREIT), through its local in-country...
BMO REP completes three logistics transactions for £32.9m
BMO Real Estate Partners (BMO REP) has completed the acquisition of three logistics assets totalling c.237,000 sq ft for £32.9 million, on behalf of...
ESR recaps 873,000 sqm balance sheet portfolio in China
ESR has entered into an agreement with an unnamed global institutional investor to recap a prime logistics and industrial portfolio (total GFA of over...
Tritax Big Box REIT divests six assets for £327m
Tritax Big Box REIT has divested six assets so far in its 2023 financial year for £327m, reflecting a blended net initial yield of 4.34%. The six...
Prologis makes offer to buy Duke Realty for $61.68 per share
Global logistics real estate company Prologis has made an offer to acquire Duke Realty Corp. in an all-stock transaction valued at $61.68 per share. The...
PLP closes second UK develop-to-core logistics venture
UK logistics and industrial property company PLP has announced the close of its second UK develop-to-core logistics venture (UKLV2). The new venture, which has...
Realterm closes €100m European logistics fund, buys property in Brussel
Realterm has announced the closing of Realterm Europe Logistics Fund (RELF) at its hard cap of €100 million to invest in the high flow-through...
Allianz, Charter Hall JV acquires Australian logistics portfolio for A$648m
A joint venture between (50:50) Allianz Real Estate and Charter Hall Group managed wholesale fund CPIF has signed a sale and purchase agreement to...
Amazon to open fulfillment centre in Perth, Australia
Amazon will open a fulfillment centre in Perth to enhance customer experience on the West Coast of Australia. The facility – planned to begin...
