Heitman, a global real estate investment management firm, has acquired Rent-A-Space Shrewsbury, a high-quality UK self-storage asset by an affiliate of Heitman.
Warehouse REIT, an AIM-listed company that invests in e-commerce urban and last-mile industrial warehouse assets in the UK, has completed the acquisition of Cambridge South Industrial Estate, comprising 68,000 sq ft of newly built multi-let industrial units and an adjacent development site, located on the wider Dales Manor Business Park, just seven miles south of Cambridge city centre, six miles north of Chesterford Research Park and within four miles of both the Wellcome Genome Park and Granta Park.
Charter Hall has secured a AUD780 million investment portfolio on behalf of Charter Hall Direct funds together with the Charter Hall Long WALE REIT. The first generation leased portfolio comprises three office and one life science/industrial assets.
Medalist Diversified REIT, a Virginia-based real estate investment trust that specialises in acquiring, owning and managing commercial real estate in the Southeast region of the US, has acquired a retail centre totalling approximately 178,626 square feet of gross leasable space in Lancaster, South Carolina, commonly referred to as the Lancer Center.
AEW UK Core Property Fund (AEW) has sold two industrial properties for a total of GBP9.4 milllion in Batley, West Yorkshire, and Newbridge, Edinburgh. The sales are the culmination of the long-term business plans for each site.
Medcap Real Estate, which has its headquarters in Valencia, and Frankfurt-based investment and asset manager LUWIN Real Estate Managers are acquiring the Frankfurt high-street property Goethestrasse 2 in an off-market transaction.
LondonMetric Property (LondonMetric) has acquired three urban logistics warehouses in Croydon, Dunstable and Warrington for GBP18.7 million, reflecting a blended NIY of 4.3 per cent and a reversionary yield of 5.3 per cent.
ESR Cayman Limited (ESR) and ESR Funds Management (S) Limited (ESR-REIT) have completed the acquisition of 10.0 per cent of the total issued units in ESR Australia Logistics Partnership (EALP) by RBC Investor Services Trust Singapore Limited (in its capacity as trustee of ESR-REIT) for a purchase consideration of AUD60.5 million (approximately SGD62.4 million and USD46.6 million.
Ergo Real Estate, on behalf of Aver Property (its JV with NFU Mutual) has completed deals on four key industrial schemes. The schemes are located in Middlewich (222,740 sq ft), Sheffield (191,500 sq ft), Oldham (367,160 sq ft) and Fradley (352,810 sq ft), totalling c1,134,000 sq ft of prime industrial space.
DataVita, Scotland’s largest data centre and multi-cloud services provider, has acquired the Fortis data centre in Lanarkshire with GBP45 million of support from HFD Group.