Tag: Regional REIT
Regional REIT secures major tenants at Lightyear in Glasgow
Regional REIT announced that Lightyear, its Grade A office building near Glasgow Airport, has achieved over 90% occupancy. This follows the recent leasing of...
ARA Asset Management acquires Regional REIT’s asset manager
Singapore-based global real asset manager ARA Asset Management has acquired a majority shareholding stake in Regional REIT's asset manager, London & Scottish Property Investment Management. Regional REIT is...
Regional REIT pays £26.5m for three Yorkshire office assets
Regional REIT has paid £26.5 million for three office assets in Yorkshire. The REIT made three separate investments in Sheffield city centre, Thorpe Business Park, Leeds, and Leeds city centre...
Regional REIT invests £48.2m in three office properties
United Kingdom based real estate investment trust Regional REIT has acquired three office properties in Derby, Milton Keynes and Crawley for £48.2 million, reflecting a blended net initial yields of...
Regional REIT acquires UK office portfolio for £236m
Regional REIT has acquired a portfolio of 31 multi-let office assets from Squarestone Growth LLP for a consideration price of £236 million. Regional REIT said the portfolio...
Regional REIT divests industrial property portfolio for £45m
Regional REIT has agreed to sell an industrial property portfolio to ARA Dunedin for £45 million. Regional REIT said this reflects a net initial yield...
Regional REIT sells Leeds office property for £10.65m
Regional REIT has sold an office property, Arena Point, in Leeds for £10.65m, representing a substantial uplift of 15.8% against the 31 December 2020 valuation. Regional REIT said...
Regional REIT buys Grade A office asset in Cardiff
Regional REIT has completed the acquisition of a Grade A office asset in Cardiff for £8.4m. The four-floor Grade A office asset (61,641 sq. ft.) is set...
Regional REIT acquires two office properties for £10.2m
Regional REIT has completed the acquisition of two office properties in Swansea and Bristol for a total consideration of £10.2m, with a combined net initial yield of 10.1% and...
Regional REIT sells commercial property in Basildon for £32.7m
Regional REIT, a United Kingdom based real estate investment trust, has sold Juniper Park, industrial and office property in Basildon for £32.7m. This disposal reflects an uplift of 59.4% from...
