Tag: acquisition
Union Investment buys logistics property portfolio in Germany
Union Investment has agreed to buy a logistics property portfolio from German logistics service provider Trans Service Team (TST), on behalf of open-ended real...
Blackstone funds to acquire Canada’s Dream Global for C$6.2bn
Real estate funds managed by Blackstone to acquire Canada's Dream Global REIT in an all-cash transaction.
Dream Global REIT and Dream Unlimited Corp. announced that...
CBRE acquires project management company in Australia
CBRE Group, Inc. has acquired Montlaur Project Services Pty Ltd, a project management company in Australia.
Montlaur is active across a wide range of...
TerraCap Management acquires Denver office buildings for $71.7M
TerraCap Management LLC, a privately held investment firm headquartered in Estero, Florida, announced that it has acquired two eleven-story office buildings, Denver Corporate Center II...
Park Hotels secures $950M loan for Chesapeake acquisition
Park Hotels & Resorts Inc. announced that it entered into a $950 million unsecured delayed draw term loan agreement (“Term Facility”) in order to help finance...
Tesco sells mortgage portfolio to Llyods Bank for £3.8bn
Tesco Personal Finance Plc. (‘Tesco Bank’) has sold its mortgage portfolio to Lloyds Banking Group for a cash consideration of c. £3.8bn. Tesco Bank...
Realty Income to acquire retail properties for $1.25bn
Realty Income Corporation has signed a definitive agreement to acquire 454 single-tenant retail properties from CIM Real Estate Finance Trust, Inc. (“CMFT”), a publicly...
HBC to sell Lord + Taylor for $100M
Canadian retail business group Hudson' Bay Company (HBC) announced on Wednesday that it has agreed to sell its Lord + Taylor department store business to...
TerraCap Management buys Class A office buildings in Charlotte
Florida-based TerraCap Management LLC, a privately held investment firm, announced that it has acquired Class A office buildings, Resource Square I, II & V in Charlotte,...
Cromwell buys Brisbane CBD office tower
ASX-listed real estate investor and manager Cromwell Property Group has agreed to buy 400 George Street, Brisbane CBD office tower, for A$524.75 million.
“We continue to...
Spanish REIT Colonial sells logistics buildings in Spain to Prologis
Colonial, a Spanish listed REIT company leader in the European Prime office market, and Prologis, Inc. (NYSE: PLD), the global leader in industrial real...
Secure Income REIT sells eight private hospitals for £347m
Secure Income REIT has sold a portfolio of eight of its nineteen private hospitals to the US-based Medical Properties Trust, Inc., a self-advised real...
