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Commercial REITs

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Propertylink Group Announces Partnership With Partners Group And Upgrades Distributable Earnings Guidance​

Sunday, 17 Dec 2017

Dec 18 (Reuters) - Propertylink Group ::‍ESTABLISHES A NEW PARTNERSHIP WITH PARTNERS GROUP AND UPGRADES FY2018 DISTRIBUTABLE EARNINGS GUIDANCE​.INVEST 15% OF TOTAL EQUITY IN NEW VENTURE WITH PARTNERS GROUP.‍UPGRADES FY2018 DISTRIBUTABLE EARNINGS GUIDANCE TO 9.0 CENTS PER SECURITY, DISTRIBUTION GUIDANCE OF 7.3 CENTS PER SECURITY​.

IGD Signs Preliminary Contract For Acquisition Of Shoppoing Galleries And Retail Park For Eur 200 MLN, Plans Capital Increase

Friday, 15 Dec 2017

Dec 15 (Reuters) - Immobiliare Grande Distribuzione Siiq Spa (IGD)::SIGNS PRELIMINARY AGREEMENT FOR ACQUISITION OF PORTFOLIO OF 4 SHOPPING GALLERIES AND RETAIL PARK FOR AROUND EUR 200 MILLION.ANNOUNCES INTENTION TO LAUNCH UP TO €150 MILLION RIGHTS ISSUE TO PARTIALLY FINANCE ACQUISITION.COOP ALLEANZA 3.0 COMMITTED TO SUBSCRIBE FOR ITS PORTION OF THE SHARE CAPITAL INCREASE (APPROXIMATELY 40.9%).PROPOSAL OF REVERSE STOCK SPLIT OF IGD’S ORDINARY SHARES, AT RATIO OF 1 NEW SHARE PER 10 EXISTING SHARES.

Zambal Spain Buys Two Office Buildings For About 38 Mln Euros‍​

Friday, 15 Dec 2017

Dec 15 (Reuters) - ZAMBAL SPAIN SOCIMI SA ::SAYS BUYS TWO OFFICE BUILDINGS IN MADRID FOR ABOUT 38 MILLION EUROS‍​.SIGNS LOAN DEAL WITH SHAREHOLDER FOR 40 MILLION EUROS TO FINANCE THE ACQUISITION.

Plaza Retail Reit Sells 50% Interest In Eight Properties

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Plaza Retail Reit ::PLAZA RETAIL REIT SELLS 50% INTEREST IN EIGHT PROPERTIES TO RECYCLE CAPITAL FOR NEW VALUE ADD DEVELOPMENTS.PLAZA RETAIL REIT - DEAL FOR $17.3 MILLION.PLAZA RETAIL REIT SAYS SOLD A 50% NON-MANAGING INTEREST IN EIGHT RETAIL PROPERTIES IN NEW BRUNSWICK AND NOVA SCOTIA TO A SYNDICATED GROUP OF INVESTORS.

Amanahraya Real Estate Investment Trust To Dispose Of Land In Selangor

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Amanahraya Real Estate Investment Trust ::ENTERS AGREEMENT WITH NIPPON EXPRESS (MALAYSIA) SDN TO DISPOSE LAND IN STATE OF SELANGOR FOR 105 MILLION RGT.ESTIMATED NET GAIN FROM PROPOSED DISPOSAL ABOUT 2.4 MILLION RGT.

Frasers Commercial Trust Updates On Joint Acquisition Of Farnborough Business Park

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Frasers Commercial Trust ::‍FCOT & FRASERS PROPERTY INTERNATIONAL​ PTE TO PURCHASE 50.0% OF TOTAL ISSUED SHARES OF HEREF FARNBOROUGH LTD FOR S$314.8 MILLION.EXPECTS PURCHASE TO BE ACCRETIVE BASED ON PRO FORMA HISTORICAL FINANCIAL IMPACT TO FCOT'S DPU FOR FY ENDED SEPT. 30, 2017.

Kenedix Office Investment to acquire and to sell trust beneficial rights of properties

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Kenedix Office Investment Corp <8972.T>:Says it plans to acquire trust beneficial rights of building on Jan. 31, 2018, at the price of 9.5 billion yen.Says it plans to sell trust beneficial rights of buildings for 4.83 billion yen in total .

Investa Office Fund Announces Distribution For Six Months Ending 31 Dec. 2017

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Investa Office Fund ::DISTRIBUTION FOR SIX MONTHS ENDING 31 DECEMBER 2017 WILL BE 10.15 CENTS PER STAPLED SECURITY.

Officiis Properties H1 Net Operating Income Up At 37.4 Million Euros

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Officiis Properties SA ::ANNOUNCED ON WEDNESDAY H1 REAL ESTATE PORTFOLIO VALUED AT EUR 347.6 MLN (EXCLUDING DUTIES).H1 GROSS RENTAL INCOME EUR 4.6 MLN.H1 CONSOLIDATED NET PROFIT EUR 25.7 MLN VS EUR 4.8 MLN YR AGO.H1 NET OPERATING INCOME EUR 37.4 MLN VS EUR 12.3 MLN YR AGO.H1 NET RENTAL INCOME OF EUR 3.6 MLN VS 2.8 MLN YR AGO.FY 2017-2018 WILL CONTINUE TO BE AFFECTED BY FINANCIAL VACANCIES AND RENTAL DISCOUNTS TO NEW TENANTS.

Boston Properties Announces Redemption Price For 3.700% Senior Notes Due 2018

Thursday, 14 Dec 2017

Dec 13 (Reuters) - Boston Properties Inc ::BOSTON PROPERTIES ANNOUNCES REDEMPTION PRICE FOR 3.700% SENIOR NOTES DUE 2018.‍ANNOUNCED REDEMPTION PRICE FOR $850 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF 3.700% SENIOR NOTES DUE 2018​.‍REDEMPTION PRICE FOR NOTES WILL BE APPROXIMATELY $865.5 MILLION​.BOSTON PROPERTIES- ‍IN CONNECTION WITH EARLY REDEMPTION OF NOTES, CO EXPECTS TO RECORD LOSS FROM EARLY EXTINGUISHMENT OF DEBT OF ABOUT $0.08/ SHARE, IN Q4​.

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