Joint venture pays $1bn for New Jersey multifamily portfolio
A joint venture between Harbor Group International (HGI) and Cammeby's International Group (Cammeby's) has acquired a portfolio of multifamily assets throughout New Jersey for $1.05 billion.
The...
Stenprop sells Guernsey office building for £55m
Stenprop has sold Trafalgar Court, its Guernsey office building, to ARC Global Holdings Ltd., a wholly owned subsidiary of Global Net Lease, Inc., for...
Union Investment buys office building in Paris CBD from Invesco
Union Investment has acquired an office building in the CBD of Paris from global real estate investment manager Invesco Real Estate. The purchase price...
LondonMetric sells grocery asset in Liverpool for £10.2m
LondonMetric Property Plc has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%.
The 29,000 sq ft asset was acquired in 2014 for £8.1...
Patrizia continues to expand its residential portfolio in Spain
Patrizia has continued to expand its residential portfolio in Spain with the acquisition of a build to rent turnkey development in Badalona and Esplugues de...
LondonMetric buys urban logistics warehouse in Cardiff
LondonMetric Property Plc has purchased an urban logistics warehouse in Cardiff for £11.1 million, reflecting a blended NIY of 5.0%.
The 119,000 sq ft warehouse...
Boston Properties completes acquisition of Safeco Plaza in Seattle
Boston Properties has completed the acquisition of Safeco Plaza, a 50-story, 800,000 square-foot, LEED-Platinum certified, Class A office property in Seattle, Washington.
BXP completed...
Macquarie to acquire 50% interest in Medical Properties Trust portfolio
Macquarie Infrastructure Partners V (MIP V) and Medical Properties Trust (MPT) have entered into a partnership for eight Massachusetts hospitals valued at $1.78 billion.
Medical...
Eagle Street acquires Hertz House in Uxbridge, West London
Eagle Street Partners has acquired Hertz House, a prominent office building in Uxbridge, West London. The purchase price was not disclosed.
The high-profile, modern offices,...
LXi REIT buys nursery school portfolio for £34m
LXi REIT has acquired a portfolio of 23 nursery schools in England for £34 million, in a sale and lease back transaction, reflecting an accretive 5.5%...
Blackstone funds complete acquisition of QTS Realty Trust for $10bn
Blackstone and QTS Realty Trust announced that affiliates of Blackstone Infrastructure Partners, Blackstone Real Estate Income Trust, Inc., and Blackstone Property Partners have completed...
CDL Hospitality Trusts enters UK BTR sector
Singapore-listed CDL Hospitality Trusts (CDLHT) has entered into a land purchase agreement and a development funding agreement to invest into a residential build-to-rent (BTR)...
