Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million.
Industrials REIT and Blackstone, following a period...
Warehouse REIT divests two distribution assets for £29.5m
Warehouse REIT has completed the sale of two distribution assets totalling 269,000 per sq ft for £29.5 million, generating an ungeared IRR of 9%.
The...
CTP acquires three industrial parks in Romania
CTP, a developer and manager of industrial and logistics parks in Europe, has acquired an industrial portfolio of warehouses in Romania from French FM Logistic in a...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%.
Four of the assets have...
Kennedy Wilson to add new industrial units to UK portfolio
Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...
PGIM Real Estate launches French urban logistics platform
PGIM Real Estate has launched Proxilog REIM, an urban logistics investment platform in France.
The company is owned by PGIM Real Estate’s closed-ended European value-add strategy,...
AEW UK REIT acquires retail warehousing unit in Preston
AEW UK REIT has purchased a freehold solus retail warehousing unit in Bamber Bridge, Preston for £6,450,000, reflecting a low capital value of £110 per sq ft and an attractive net...
Savills IM buys distribution centre in the Netherlands
International real estate investment manager Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an...
Clarion Partners pays £52m for two warehouses in UK
Clarion Partners Europe has acquired two distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million from Equites Property Fund..
The investments represent...
M7 buys four last mile logistics properties in Portugal
M7 Real Estate has acquired four last mile logistics properties in Portugal, via three separate off-market transactions, on behalf of funds managed by Blackstone.
The...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%.
The disposal is slightly...
HIH Invest buys light industrial property near Leipzig/Halle Airport
HIH Invest Real Estate GmbH (HIH Invest) has purchased a light industrial property in Kabelsketal in Saxony-Anhalt.
The 10,419 square meter rental space is located...
