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Riverside House M&G Real Estate acquires Bankside development for GBP122m

Tue, 14 Jan 2014, 12:05

M&G Real Estate has acquired the freehold interest of Riverside House on the Southbank of the Thames for GBP122m, equating to a net initial yield of 5.74 per cent. »

Up arrow 2013 fundraising for US non-listed REITs and BDCs tops USD24.6bn in 2013

Tue, 14 Jan 2014, 16:02

Investor demand for public non-listed real estate investment trusts (REITs), non-listed business development companies (BDCs) and other direct participation programmes exceeded USD24.5bn in 2013. »

Student accommodation Unite Group acquires central Newcastle site

Tue, 14 Jan 2014, 11:41

The Unite Group has exchanged contracts to acquire a student accommodation development project in Newcastle city centre, subject to achieving planning consent. »

One finger Cole Office & Industrial REIT (CCIT II) acquires first property

Tue, 14 Jan 2014, 14:30

Cole Office & Industrial REIT (CCIT II) has acquired its first net-lease property, an 83,841-square-foot, two-storey office building leased to the County of Santa Clara. »

Lease Dorsey & Whitney renews lease at Fifty South Sixth in Minneapolis

Wed, 15 Jan 2014, 06:38

Dorsey & Whitney has signed a lease renewal with Hines commencing in 2016 for 250,000 square feet at its headquarters in Fifty South Sixth in Minneapolis' CBD. »

Steven D Henry Pluris Valuation Advisors names Steven Henry vice president

Wed, 15 Jan 2014, 06:06

Pluris Valuation Advisors has appointed Steven D Henry, an expert in valuing complex real estate, as vice president in the firm’s Newport Beach, California, office. »

Sold sign Rockspring sells final asset from St. Martin’s South East office portfolio

Tue, 14 Jan 2014, 10:13

Rockspring Property Investment Managers, on behalf of Rockspring UK Value Fund, has sold Gateway House in Richmond, London, for GBP44.1m, reflecting a net initial yield of 5.0 per cent pa, to a client of Cushman & Wakefield. »

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