Dollars

Select Income REIT to acquire Cole Corporate Income Trust for approximately USD3bn

Select Income REIT (SIR) is to acquire all of the outstanding common stock of Cole Corporate Income Trust (CCIT) for approximately USD3.0 billion. »


Hospital sign

Senior Housing Properties Trust to purchase 23 medical office buildings for USD539m

Senior Housing Properties Trust is to acquire 23 Class A medical office buildings (MOBs) for a purchase price of approximately USD539 million. »


Thumbs up

WP Carey acquires USD47m Bose office facility

WP Carey has acquired a 250,813 square-foot office facility for a total acquisition price of approximately USD47 million. »


Australian dollars

Redefine makes part disposal of Cromwell Securities

Redefine International has disposed of 54.24 million securities in its associate company the Cromwell Property Group, held through its 100 per cent held subsidiary, Redefine Australian Investments Limited. »


European flags

IPD appoints executive director and head of client coverage for Continental Europe

IPD has appointed Alexandre Lamot as executive director and head of client coverage for Continental Europe. »


Handshake

M&G Real Estate appoints residential investment manager

M&G Real Estate has appointed Steven Hollands as residential investment manager. »


British pounds

Kennedy Wilson Europe completes GBP225m unsecured corporate finance facility

Kennedy Wilson Europe Real Estate has entered into a three year unsecured floating rate revolving debt facility of up to GBP225 million with a syndicate of banks comprising Bank of America Merrill Lynch as mandated lead arranger, Deutsche Bank and JP Morgan. »


Germany flag

CMS Hasche Sigle advises Cityhold on acquisition of Hamburg office complex

Stockholm-based real estate investment group Cityhold is boosting its investment in Germany by acquiring Atlantic Haus in Hamburg, a tower block complex in the Harbour Business District. »


Grocery bag

Slate Retail REIT acquires Waterbury Plaza

Slate Retail REIT has acquired a grocery-anchored shopping centre located in Waterbury, Connecticut. »


Accounts

C&W reports record revenue in first half

Cushman & Wakefield saw gross revenue increase 23.7 per cent to USD1,279 million for the six months ended 30 June 2014, compared with USD1,033.9 million for the prior year period. »


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