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Commercial REITs

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Northstar Realty and China Resources Land Ltd partner to acquire a office building in London

Tuesday, 23 May 2017 08:38am EDT

May 23 (Reuters) - Northstar Realty Europe Corp : :Northstar Realty Europe Corp and China Resources Land Limited partner to acquire 20 gresham street, a trophy office building in London,U.K..Northstar Realty Europe Corp - deal for approximately GBP 300 million.Northstar Realty Europe Corp - Northstar Realty Europe invested approximately $34 million by way of preferred equity.Northstar Realty Europe Corp - to acquire 20 gresham street from AXA investment managers.

Riocan REIT announces firm agreement at Sunnybrook Plaza with Concert Real Estate Corporation

Tuesday, 23 May 2017 08:15am EDT

May 23 (Reuters) - Riocan Real Estate Investment Trust : :Riocan REIT announces firm agreement at Sunnybrook Plaza with Concert Real Estate Corporation.Riocan Real Estate Investment Trust - announce signing of firm agreement on May 17, 2017, with Riocan selling a 50pct interest in Sunnybrook Plaza at price of $26.3 million.Riocan Real Estate Investment Trust - partners will share in development costs on a 50/50 basis with transaction set to close in June 2017.Riocan - Riocan will continue to act as interim property manager until redevelopment commences, and will act as retail property manager on completion.Riocan Real Estate Investment Trust - concert will act as both development manager and property manager for residential portion of property.

Klépierre acquires Nueva Condomina

Monday, 22 May 2017 11:45am EDT

May 22 (Reuters) - KLEPIERRE ::REG-KLÉPIERRE ACQUIRES NUEVA CONDOMINA, THE LEADING RETAIL HUB IN MURCIA AREA, SPAIN.PROPERTY VALUE ACQUISITION OF EUR 233 MILLION.BASED ON CURRENT ANNUALIZED NET RENTAL INCOME (NRI) OF €12.5 MILLION (80% SHOPPING CENTER; 20% RETAIL PARK), THE EPRA NET INITIAL YIELD AMOUNTS TO 5.4%..

Slate Retail REIT announces the purchase of Mooresville Consumer Square in North Carolina

Friday, 19 May 2017 05:56pm EDT

May 19 (Reuters) - Slate Retail REIT :Slate Retail REIT announces the purchase of Mooresville Consumer Square in North Carolina.Slate Retail REIT- Deal for $51.3 million.

Agellan commercial REIT announces acquisition of 8 industrial properties

Thursday, 18 May 2017 08:34pm EDT

May 18 (Reuters) - Agellan Commercial Real Investment Trust ::Agellan Commercial Real Estate Investment Trust announces the acquisition of eight industrial properties in Chicago, Illinois and May 2017 distribution.Agellan Commercial Real Investment Trust - acquisition is expected to be immediately accretive to REIT's adjusted funds from operations per unit.

Kenedix Retail Reit acquires trust beneficial rights of property for 3.10 bln yen

Thursday, 18 May 2017 02:52am EDT

May 18(Reuters) - Kenedix Retail Reit Corp <3453.T>:Says it acquired trust beneficial rights of property located in Chiba-ken for 3.10 billion yen, on May 18.Plan was disclosed on March 31.

Workspace updates on disposal of uplands business park

Wednesday, 17 May 2017 02:00am EDT

May 17 (Reuters) - Workspace Group Plc :Announces simultaneous exchange and completion of contracts for disposal of uplands business park in Walthamstow, e17, for 50 million stg.

Dream Global REIT expands into Brussels

Tuesday, 16 May 2017 05:05pm EDT

May 16 (Reuters) - Dream Global REIT :Dream Global REIT expands into Brussels, Belgium with EUR95.9 million acquisition.Purchase price was funded with proceeds from trust's March equity offering and its revolving credit facility.Remains in exclusive negotiations on an additional acquisition in Stuttgart, Germany, which is expected to close by end of Q2 2017.

Hamborner REIT acquires office property in Ratingen

Tuesday, 16 May 2017 01:00am EDT

May 16 (Reuters) - HAMBORNER REIT AG ::ACQUIRES OFFICE PROPERTY IN RATINGEN.PAYMENT OF PURCHASE PRICE AND TRANSFER OF POSSESSION ARE SCHEDULED FOR Q3 OF 2017.

Intervest Offices & Warehouses acquires logistics site in Tilburg

Monday, 15 May 2017 02:00am EDT

May 15 (Reuters) - INTERVEST OFFICES & WAREHOUSES PRIF.PA::REG-INTERVEST OFFICES & WAREHOUSES IS CONTINUING ITS GROWTH IN THE LOGISTICS SECTOR WITH THE ACQUISITION OF A LOGISTICS SITE OF 13.300 M² IN TILBURG..

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