Workspace divests business park in East London
London-based flexible office provider Workspace Group has sold Highway Business Park in Limehouse, E14, and an adjoining property owned by Canada Life Investments.
Highway Business...
JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality
JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...
Home REIT divests 103 properties
Home REIT, at a public auction conducted on January 23, 2024, has exchanged on the sale of an additional 103 properties, representing 4.8% of...
NIKE, Inc. provides COVID-19 update on operations
As of today, 100 percent of NIKE-owned stores and over 95 percent of partner stores in Greater China and South Korea are open, with...
LXi REIT announces £80m acquisitions and £7.8m disposal
UK commercial property investor LXi REIT has announced three acquisitions for a total cost of £80 million, reflecting a net initial yield of 5.25%, and...
Derwent London advances £1bn disposal target with £278m in Q1 sales
Derwent London said it achieved strong leasing activity and advanced its capital recycling programme in the first quarter, while announcing a £50 million share...
Americold buys warehouse company in New Jersey for $480m
Americold Realty Trust has acquired Hall’s Warehouse Corporation (Hall’s), a third party logistical service, storage and warehouse provider, based in South Plainfield, New Jersey for...
Phoenix Group and DC Max launch $8bn European AI data centre platform
Abu Dhabi-based Phoenix Group, an IHC portfolio company, listed on the Abu Dhabi Securities Exchange, said it has entered a strategic partnership with DC...
Safehold signs agreement to originate new $180m ground lease in NYC
Safehold Inc., a publicly traded REIT, announced it has entered into a definitive agreement with an institutional investment manager to create a new $180...
Savills IM buys distribution centre near Stockholm for logistics fund
Savills Investment Management's European logistics fund has expanded its portfolio with the acquisition of a distribution centre in Rosersberg near Stockholm, Sweden, in an...
Rexford buys three industrial properties for $56.1m
Rexford Industrial Realty, Inc. has acquired three industrial properties for $56.1 million. The acquisitions were funded using cash on hand.
"These acquisitions demonstrate the strength...
L&G and Nomura form UK rental housing partnership
Legal & General (L&G) has announced a new partnership with Nomura Real Estate Development, a Japanese property developer, to deliver more than 1,000 high-quality...
