Tag: REIT News
Easterly Government Properties buys mission critical property portfolio
Easterly Government Properties, Inc. has acquired a 176,550 square foot portfolio of three U.S. Government-leased properties. The three-building portfolio is comprised of: • Federal Bureau...
Resource REIT completes $3bn merger of three REITs
Resource REIT, Inc., formerly known as Resource Real Estate Opportunity REIT II, Inc., has completed its mergers with Resource Real Estate Opportunity REIT, Inc....
Vornado Realty Trust announces senior management changes
Vornado Realty Trust, a fully-integrated equity real estate investment trust, has announced a series of senior management changes. Michael Franco, the company’s president, has been...
Aimco announces the formation of Apartment Income REIT, a self-managed $10...
APARTMENT INVESTMENT AND MANAGEMENT COMPANY (NYSE:AIV) (“Aimco”) announced today its plan to separate its business into two, separate and distinct, publicly traded companies, Apartment Income...
SL Green Realty Corp. announces the departure of Co-Chief Investment Officer,...
SL Green Realty Corp. (NYSE: SLG), Manhattan’s largest office landlord, today announced that Isaac Zion, Co-Chief Investment Officer, will leave the company effective July...
Ascott Residence Trust to join international real estate investment index
Ascott Residence Trust (ART), the hospitality trust in Asia Pacific, announced it will be included in the FTSE EPRA Nareit Global Real Estate Index...
Canadian REIT buys US logistics property portfolio for US$730m
Canadian WPT Industrial REIT (WPT), a publicly traded real estate investment trust, listed on the Toronto Stock Exchange, has agreed to acquire a portfolio...
Simon Property Group to acquire Taubman Centers in $3.6bn deal
Simon Property Group will acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) in a deal valued at about $3.6...
CMT, CCT announce merger to form third largest REIT in APAC
CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) jointly announced the merger plan to create a diversified commercial real estate investment trust (REIT)...
Camden Property Trust announces recent acquisition and disposition activity
Camden Property Trust (NYSE:CPT) announced today its recent acquisition and disposition activity, which occurred during December 2019. Acquisition Activity On December 5, 2019, the Company acquired...