Tag: REIT
Blackstone funds to acquire Canada’s Dream Global for C$6.2bn
Real estate funds managed by Blackstone to acquire Canada's Dream Global REIT in an all-cash transaction. Dream Global REIT and Dream Unlimited Corp. announced that...
Supermarket Income REIT buys Sainsbury’s supermarket in Preston
Supermarket Income REIT, the UK supermarket real estate investor, has acquired the Sainsbury's supermarket in Preston, Lancashire from Legal & General for £54.4 million...
Steadfast Apartment REIT announces $3.3bn merger
Steadfast Apartment REIT, Inc. (“STAR”), Steadfast Income REIT, Inc. (“SIR”) and Steadfast Apartment REIT III, Inc. (“STAR III”) have entered into definitive merger agreements...
UK REIT SEGRO buys eight acres of land in Tottenham
UK Real Estate Investment Trust (REIT) SEGRO has acquired eight acres of land ito develop a new urban logistics property up to 185,000 sq...
AHIP REIT to sell 45 Economy Lodging hotels for $215.5m
American Hotel Income Properties REIT LP ("AHIP") has agreed to sell its Economy Lodging portfolio of 45 hotel properties for a total sale price...
KBS REIT sells Class A office portfolio for $1.2bn
KBS Real Estate Investment Trust III, Inc. has sold 11 of its Class A office properties, totaling 3.4 million rentable square feet of Class...
Prologis acquires Black Creek Group’s IPT for $4bn
Global logistics real estate company Prologis Inc. has signed a definitive merger agreement to acquire the wholly-owned real estate assets of Industrial Property Trust...
CyrusOne starts construction of third data center in Frankfurt
Global real estate investment trust (REIT) company CyrusOne Inc. has started the construction works of its third data center in Frankfurt, Germany. The facility...
CRE Herald’s top 10 posts in June
Here are ten of our most popular articles for the month. Google to invest $1bn in residential housing across Bay Area Google announced that it will invest...
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 acquire GLP's...
