Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%. The Sainsbury's store opened in 1997...
KKR acquires industrial warehouse in Vista, California from Westcore
San Diego-based real estate investment company Westcore has sold an approximately 197,000-square-foot industrial warehouse in Vista, California to KKR. Vista Commerce is located on an all-concrete site and features...
Blackstone buys logistics portfolio from Cabot Properties for $2.8bn
Cabot Properties has sold a portfolio of 124 logistics assets to two vehicles affiliated with Blackstone Real Estate for $2.8 billion in two separate transactions. Blackstone Real Estate...
Harrison Street sells two student housing portfolios for $1.9bn
Harrison Street has sold two student housing portfolios for a combined $1.9 billion. The portfolios comprise 37 properties and nearly 24,000 beds across 19...
Azora buys Italian resort hotel operator Bluserena
Madrid-based European private equity real estate manager Azora has acquired Bluserena SPA, the second largest resort operator in Italy, from the Maresca family. The...
Keppel REIT to buy office building in North Sydney for A$328m
Singapore-based Keppel REIT has agreed to acquire a 100% interest in Blue & William, a freehold Grade A office building currently under development in...
AirTrunk opens its first data centre in Japan
Hyperscale data centre specialist AirTrunk has opened its first data centre in Japan, AirTrunk TOK1 (TOK1). The new state-of-the-art facility is scalable to over...
St. Modwen expands logistics portfolio with £180m acquisition
St. Modwen has acquired a logistics portfolio from Argo Real Estate for £180 million. The portfolio will increase St. Modwen’s exposure to urban warehousing...
AEW raises €150m for new Spanish last-mile logistics partnership
AEW has launched a new value-add Spanish logistics partnership, Relog, with €150 million of equity commitments from the Teacher Retirement System of Texas (TRS) and Migdal Insurance. AEW intends...
Hammerson in talks to sell stake in Glasgow shopping centre
Hammerson has confirmed it is in discussions for a possible disposal of Silverburn, its flagship shopping centre near Glasgow, which is held in a...