Euros

SEGRO agrees new and amended bank facilities totalling EUR460m

Industrial and warehouse property specialist SEGRO plc has agreed new and amended bank facilities totalling EUR460 million (GBP380 million).  »


Mark Alfieri

Behringer Harvard Multifamily REIT I rebrands as Monogram Residential Trust

Behringer Harvard Multifamily REIT I is rebranding as Monogram Residential Trust, a change designed to reflecting the REIT’s transition to a fully integrated self-managed real estate investment trust. »


Netherlands flag

M&G Investments provides EUR110m of mortgage finance for Dutch residential portfolio

M&G Investments has completed the largest acquisition financing of Dutch residential property since the start of the credit crisis. »


Manchester

Trinity IM and Starwood Capital Group to buy The Royal Exchange, Manchester from M&G

Trinity IM, a specialist investor and asset manager in UK real estate, and Starwood Capital Group, the global private investment firm, are to purchase The Royal Exchange, Manchester from M&G Real Estate's Life Fund. »


British pounds

Helical Bar acquires mixed use portfolio for GBP40m

Helical Bar has acquired a mixed-use portfolio of ten properties from IM Properties for a total consideration of GBP40.15m, reflecting an 8.35 per cent net initial yield. »


Scotland flag

Hearthstone to manage new Scottish housing fund

Hearthstone Investments, the specialist residential property fund manager, has won a GBP30m investment mandate from Falkirk Council Pension Fund to invest into social and affordable housing within Scotland. »


Lease

Prologis leases 582,000 sq ft in Latin America developments

Prologis signed four development lease agreements in the first quarter totalling 582,000 square feet (54,000 square metres) in Brazil and Mexico. »


Thomas J DeRosa

Health Care REIT appoints Thomas J DeRosa as CEO

Health Care REIT has appointed Thomas J DeRosa, a director of the company and former vice chairman and chief financial officer of The Rouse Company, as chief executive officer, effective immediately. »


Union Jack Pound

Kames Capital raises GBP40m for second close of UK Active Value Property Fund

Kames Capital has secured a further GBP40m investment into its closed ended Kames UK Active Value Property Fund. »


Singapore

Distributions boost average SGX REIT return to four per cent YTD

The 26 real estate investment trusts (REITs) listed on the Singapore Stock Exchange (SGX) have produced a 4.0 per cent average return so far this year with 23 of the 26 generating gains. »


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Mon, 12/05/2014 (All day) - Dubai
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