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Blackstone to acquire US logistics assets from GLP for $18.7bn

Blackstone Group LP has signed an agreement with Singapore-based GLP, a global investment manager specializing in logistics and related technology investments, to...

Pure Multi-Family REIT LP receives final approval for listing on Toronto...

Canadian based Pure Multi-Family REIT LP ("Pure Multi-Family") announced that it has received final approval from the Toronto Stock Exchange (the...

JHR acquires Hilton Tokyo Odaiba

Japan Hotel REIT Investment Corporation (hereinafter called “JHR”) announced that it has acquired Hilton Tokyo Odaiba for JPY62.4Bn. Hilton...

PS Business Parks announces addition to the S&P MidCap 400 Index

PS Business Parks, Inc., a real estate investment trust (“REIT”) that acquires, develops, owns and operates commercial properties, primarily multi-tenant industrial, flex...

Mack-Cali to sell 3.1 million sq. ft. office/flex portfolio

NJ,Jersey City based real estate investment trusts(REITs) ,Mack-Cali Realty Corporation (NYSE: CLI), announced that it has entered into two definitive agreements with...

What is real estate investment trust (REIT)?

A real estate investment trust (REIT) is simply a particular type of company such asan investment fund or security that owns, operates,...

Dexus sells office property for $231.2 million

Australian Real Estate Investment Trust, Dexus, has sold office property, its 100% interest in 11 Talavera Road, Macquarie Park for $231.2 million.

JLL Income sells office building in San Francisco

JLL Income Property Trust has sold a multi-tenant office building, 111 Sutter Street, in San Francisco for $227 million.The asset was ...

ILPT acquires $905.3 million industrial property portfolio

Industrial Logistics Properties Trust, real estate investment trust company, has acquired and industrial property portfolios for $905.3 million in total, excluding acquisition...

Terreno Realty Corporation buys industrial property for $24 million

San Francisco-based real estate investment trust company Terreno Realty Corporation has acquired an industrial property for $24.0 million.The property is located...

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