Shaftesbury Plc to merge into Capital & Counties Properties
LONDON, UK: Capital & Counties Properties (Capco) and Shaftesbury PLC have reached agreement on the terms of a recommended all-share merger to form the combined...
McKaY agrees £19 million disposal of Great Brighams Mead
LONDON, UK: McKay Securities Plc has exchanged contracts to sell the freehold interest of Great Brighams Mead, a prominent office building located in Reading’s town...
Helical Plc announces intention to convert to a REIT
LONDON, UK: Helical plc, a UK real estate investment company, announced its intention to convert to a REIT with effect from 1 April 2022. As...
Custodian REIT notifies disposal of property
LONDON, UK: Custodian REIT, the UK property investment company, announced the disposal of a property from its portfolio. The Company has sold a 5,242 sq...
Regional REIT disposes of 45 million worth of industrial portfolio
LONDON, UK: Regional REIT Limited has exchanged contracts with ARA Dunedin for the disposal of a significant industrial property portfolio for £45 million. The completion...
Warehouse REIT notifies £35 million acquisition in Liverpool
LONDON: Warehouse REIT announced the acquisition of four modern warehouse units on Boulevard Industry Park in Speke, Liverpool, totalling 390,000 sq ft. The purchase price...
PotlatchDeltic agrees to sell 72,000 acres in Minnesota to the Conservation Fund for $48mn
SPOKANE: PotlatchDeltic Corporation announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction...
Americold Realty Trust to expand infrastructure network in New Zealand
ATLANTA: Americold Realty Trust, the world’s largest publicly traded REIT, announced that as stated in its fourth quarter 2019 earnings call, the Company intends to...
Spirit Realty raises $400 million under unsecured term loan facility
DALLAS: Spirit Realty Capital announced that the company has closed on the final incremental term loan under the accordion feature of the previously announced $200...
Derwent London signs a new 5-tear £450 million revolving credit facility
LONDON: Derwent London has agreed and signed a new five-year £450 million revolving credit facility (RCF) from HSBC UK, Barclays and NatWest. The financing includes...