Tag: acquisition
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...
CapitaLand completes S$11bn acquisition of Ascendas-Singbridge
CapitaLand Limited, one of Asia’s largest diversified real estate groups, headquartered and listed in Singapore, has completed the acquisition worth S$11 billion(US$8 billion) of...
Unite Group confirms talks to acquire Liberty Living
UK's student accommodation provider Unite Group has released a statement about media speculations regarding acquisition of Liberty Living Group plc ("Liberty Living") by Unite. The company has...
