Document signing

GTJ REIT acquires industrial building leased and occupied by FedEx

GTJ REIT, a public non-traded real estate investment trust based in West Hempstead, New York, has acquired a one story industrial building in Connecticut, currently leased and occupied by FedEx Corporation. »


Lease

Prologis pre-leases 387,400 sq ft to APL Logistics in Mexico

Prologis has secured a pre-lease agreement totalling 387,400 square feet (35,991 square metres) with APL Logistics in Mexico City. »


Sold sign

DAC completes turnaround of Las Vegas industrial portfolio

Dalfen America Corp (DAC) has sold Decatur Bell Commerce Center, Hacienda Crossing and Pace Commerce Center located in Las Vegas, Nevada. »


Grocery bag

Slate Retail REIT acquires Wellington Park

Slate Retail REIT has acquired a grocery-anchored shopping centre located in Cary, North Carolina. »


Dollars

Versus Capital Multi-Manager Real Estate Income Fund reaches USD100m in assets

Versus Capital Advisors’ Multi-Manager Real Estate Income Fund has reached USD100 million in assets. »


Sold sign

Schroder REIT disposes of Wembley site

Schroder Real Estate Investment Trust (REIT) has exchanged contracts with a subsidiary of Barratt Developments to dispose of its remaining, non-income producing site at the Olympic Office Centre in Wembley for GBP15.25 million.  »


Portugal flag

Portuguese property fund performance still close to historical low

Portuguese property investment funds delivered an annual total return of -3.2 per cent, at fund level, for the year-ending June 2014, according to the APFIPP/IPD Portugal Quarterly Property Fund Index. »


London

Philip Burgin heads up JTC Group’s London office

As part of a plan to strengthen JTC Group’s presence in London, Philip Burgin, group head of client services, will be based in JTC’s Mayfair office with effect from 15 September. »


Sell

DTZ launches sale of The Ocean Portfolio

DTZ has launched the sale of a prime, multi-let industrial and logistics portfolio known as The Ocean Portfolio, with a quoting price of GBP215 million. »


Frankfurt

Frankfurt’s Gateway Gardens to get metro link

Gateway Gardens, a new district of Frankfurt which when complete will have a population of 18,000, is be integrated into the city's urban railway system. »


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