L&G’s industrial fund expands funding capacity to £500m with new RCF
Legal & General (L&G) has announced the refinancing of its Industrial Property Investment Fund (IPIF) through a newly agreed £400 million revolving credit facility...
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,...
AXA IM Alts secures €660m for European student housing expansion
AXA IM Alts has secured approximately €660 million in additional capital commitments for its European Student Accommodation Strategy (ESAS).
The funds, raised from a...
Cibus expands Finnish portfolio with €61m grocery property acquisitions
Cibus Nordic Real Estate AB has announced the acquisition of six grocery-anchored properties in Finland through two separate transactions totaling approximately €61.4 million, as...
LondonMetric acquires Savills IM fund for £122.2m
LondonMetric has acquired Savills IM UK Income and Growth Fund for £122.2 million, reflecting a blended yield on cost of 4.3% and an anticipated...
Service Properties Trust sells eight hotels for $45.3m
Service Properties Trust, a real estate investment trust, or REIT, has sold eight TownePlace Suites branded hotels with 834 rooms for $45.3 million. The...
Sun Communities agrees £768m sale of UK assets to Aermont
US-listed REIT Sun Communities said it has agreed to sell its UK assets, including the Park Holidays business, to funds affiliated with Aermont Capital...
WDP and Argan agree €13bn all-share merger to create European logistics giant
Belgian logistics real estate investor WDP and French logistics REIT Argan have agreed a friendly all-share merger that would create a combined European logistics...
Amazon leases additional office space at National Landing in Northern Virginia
JBG SMITH has signed an agreement with Amazon to lease an additional 47,512 square feet of office space in conjunction with the creation of...
EQT Real Estate buys fully let logistics portfolio in Northern Italy
EQT Real Estate, through the EQT Exeter Europe Logistics Core-Plus Fund II, has strengthened its position in Italy’s logistics market with the acquisition of...
PAI Partners to sell stake in European Camping Group to ADIA
PAI Partners has agreed to sell a significant minority stake in European Camping Group (ECG), a prominent player in the European outdoor accommodation sector,...
CBRE Global Investors buys Class-A industrial facility in Tacoma, Washington
CBRE Global Investors has bought three Class-A industrial buildings totaling 428,010 square feet, known collectively as Portside 55, in Tacoma, Washington. The purchase price...
