LondonMetric sells six warehouses for £57.3m
LondonMetric Property Plc (LondonMetric) has sold a portfolio of six distribution warehouses for £57.3 million to Canmoor and Canadian institutional investor, AIMCo, reflecting a blended NIY of 5.3%. The portfolio has been acquired over...
Charter Hall to acquire stake in BP New Zealand portfolio
Charter Hall Group announced that its new fund has agreed to acquire a 49% interest in a NZ $534 million portfolio of 70 triple...
Newmark hires eleven industrial real estate advisors from Savills
Newmark Group has hired eleven industrial real estate advisors to its offices across North America. These advisors specialize in supply chain and logistics real estate and...
Papa John’s signs deal to open 49 new stores in Philadelphia area
Papa John’s has signed a store development agreement to expand in the Philadelphia area, according to a press release. Under the agreement, HB Restaurant...
Capco to sell hotel development in Covent Garden for £76.5m
Capital & Counties Properties PLC (Capco) has exchanged contracts to sell the Wellington block, a freehold island site located on the south east corner...
Invesco sells prime office asset in Paris to La Française
Invesco Real Estate (Invesco) has agreed to sell a prime office asset in Paris to La Française Real Estate Managers on behalf of one...
UKCM sells retail park to M7 Real Estate for £46.25m
UK Commercial Property REIT Limited (UKCM), which is managed and advised by Aberdeen Standard Investments, has agreed to sell Great Lodge Retail Park in...
Brookfield, Simon Property to acquire JCPenney’s retail and operating assets
J.C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. Brookfield Property Group...
Dutch real estate manager Bouwinvest opens NYC office
Dutch institutional real estate manager Bouwinvest Real Estate Investors has opened an international office in New York. The company plans to increase its North...
Clarion Partners Europe buys warehouse in Madrid
Clarion Partners Europe (Clarion Europe), formerly known as Clarion Gramercy, the real estate investment fund manager specialising in logistics and industrial assets, has acquired...
