Tag: REIT
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...
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 "TSX") to...
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 Tokyo Odaiba is a large-scale full-service...
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 and office...
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 one buyer...
