Tag: Picton
LondonMetric and Schroder REIT complete Picton acquisition
LondonMetric Property Plc and Schroder Real Estate Investment Trust Limited (SREIT) have completed their recommended all-share acquisition of Picton Property Income Limited, with the...
LondonMetric and Schroder REIT strike £404m deal to acquire Picton
LondonMetric Property PLC and Schroder Real Estate Investment Trust Limited (SREIT) have agreed a recommended all-share acquisition of Picton Property Income Limited in a...
LondonMetric and Schroder REIT improve all-share offer for Picton
LondonMetric Property and Schroder Real Estate Investment Trust have increased the share exchange ratio in their proposed all-share acquisition of Picton Property Income, valuing...
LondonMetric, Schroder REIT agree £403m indicative offer for Picton
LondonMetric Property Plc and Schroder Real Estate Investment Trust Limited have reached an agreement in principle on the key financial terms of a non-binding,...
LondonMetric, Schroder REIT consider all-share bid for Picton
Picton Property Income Limited said it is progressing with a shortlist of proposals as part of its ongoing strategic review and formal sale process,...
Picton reviews merger and sale options amid sustained valuation discount
Picton Property Income Limited has announced the commencement of a strategic review alongside a potential formal sale process, as the board evaluates options to...
Picton sells Covent Garden’s Stanford Building in £34.5m deal
International real estate advisor Savills, acting on behalf of UK REIT Picton, has completed the sale of the Stanford Building in Covent Garden for...
Former Land Securities CEO joins Picton as chair
Picton, the UK-focused property investment company, has announced the appointment of Francis Salway as its new Chair.
Salway will assume the role on 1...
Picton completes sale of Angel Gate office building in London
UK-based REIT Picton has completed the sale of its second-largest office asset, Angel Gate in London EC1.
The final sale price of £29.6 million reflects...
Picton divests London office asset for £29.6m
UK-based REIT company Picton has announced the sale of its second-largest office asset, Angel Gate located in London's EC1 district.
The sale agreement is...
UK Commercial Property REIT terminates merger talks with Picton
UK Commercial Property REIT (UKCM) has informed Picton that it is terminating discussions with Picton regarding the possible merger.
''UKCM has been informed by its...
UK Commercial Property REIT in merger talks with Picton
UK Commercial Property REIT (UKCM) has confirmed that it is in discussions with Picton Property Income (Picton) regarding a possible all-share merger of the...
