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Residential REITs

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Xior Student Housing Acquires Redevelopment Project In Groningen

Wednesday, 10 Apr 2019 01:09pm EDT

April 10 (Reuters) - XIOR STUDENT HOUSING NV ::XIOR STUDENT HOUSING ACQUIRES A REDEVELOPMENT PROJECT IN GRONINGEN INCLUDING AT LEAST 225 RESIDENTIAL UNITS.TOTAL ANTICIPATED INVESTMENT VALUE OF APPROX. EUR 46 MILLION.BUILDING IS EXPECTED TO ENTER INTO OPERATION FROM Q4 2020..THE COMPLETION AND COMMISSIONING ARE PLANNED FOR Q4 2020.CURRENT RENTAL INCOME OF IN TOTAL EUR 2 MILLION WILL CONTINUE TO BE GENERATED UNTIL Q4 2020.

Care Property Invest Acquires and Redevelops 'Margarita Maria Church' In Tilburg

Wednesday, 27 Mar 2019 02:18am EDT

March 27 (Reuters) - CARE PROPERTY INVEST NV ::ANNOUNCED ON TUESDAY THE ACQUISITION AND REDEVELOPMENT OF THE ‘MARGARITHA MARIA CHURCH’ IN TILBURG (NETHERLANDS) INTO A CARE RESIDENCE.THIRD PROJECT THAT THE COMPANY EFFECTIVELY ACQUIRES IN THE NETHERLANDS THROUGH ITS DUTCH SUBSIDIARY CARE PROPERTY INVEST.NL3 BV.PROJECT WILL BE OPERATED BY VANDAEGH NEDERLAND ON BASIS OF A NEW LONG-TERM LEASEHOLD AGREEMENT OF THE ‘TRIPLE NET’ TYPE WITH A MINIMUM DURATION OF 20 YEARS (RENEWABLE).TOTAL INVESTMENT COST OF THIS PROJECT AMOUNTS TO APPROX. EUR 8.04 MILLION, TO BE FULLY FINANCED WITH LOAN CAPITAL.

Ascott Residence Trust Says It Acquires Business Hotel In Sydney For A$60.6 Mln

Wednesday, 27 Mar 2019 12:08am EDT

March 27 (Reuters) - Ascott Residence Trust ::ACQUIRES FREEHOLD LIMITED-SERVICE BUSINESS HOTEL IN SYDNEY AUSTRALIA FOR A$60.6 MILLION.

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