Real estate industry
Tigere Property Fund, a real estate investment trust listed on the Zimbabwe Stock Exchange, has reported stability in property values across all sub-segments, with demand outweighing supply in the sector. According to the company's half-year financial statements, occupancy rates remained at 100% at its Highland Park Phase One
Real estate industry
The number of real estate investment trusts (REITs) in Britain has seen a significant surge over the past five years, largely due to changes in regulations that have reduced financial and administrative burdens. Data released under a freedom of information request revealed that there were 80 REITs in the 2019-20
Medical Properties Trust Inc.
Steward Health Care, the country's largest physician-led, minority-owned, integrated healthcare system, has announced that it has reached an agreement in principle with its landlord, Medical Properties Trust, Inc. (MPT), allowing for the transfer of hospitals to new interim operators. The agreement, which has been supported by the FILO
Real estate industry
The Employees Provident Fund Board (EPF) has made significant changes in its substantial securities holdings in AXIS REAL ESTATE INVESTMENT TRUST. On August 27, 2024, the EPF disposed of 945,800 units of AXIS REAL ESTATE INVESTMENT TRUST, consisting of 600,000 units through Citigroup Nominees (Tempatan) Sdn Bhd -
Real estate investment trusts
Rob "Scrappy Doo" Naylor and Christopher "Megaphone" Mills, former directors of Hipgnosis Songs Fund, are at the helm of a campaign to oust PRS Reit's chairman, Stephen Smith, and non-executive director, Steffan Francis. This move comes after the duo's previous attempt to
Nursing homes
CareTrust REIT, Inc. announced the acquisition of two skilled nursing facilities in separate transactions, totaling $62.1 million in investment. The company acquired a 125-bed skilled nursing facility on the East Coast for $37.7 million and a 134-bed skilled nursing facility on the West Coast for $24.5 million.
Real estate industry
Inovalis Real Estate Investment Trust (REIT) has announced plans to sell a single asset in Paris, France, located at 24-26, Rue Benard - 25, Rue Hyppolite Maindron - 27-29, Rue de la Sabliere. The sale is set to take place after the upcoming special meeting of unitholders on September 4,
Real estate industry
Inovalis Real Estate Investment Trust has announced plans to sell a property in Paris, France, located in the District 14, as part of a special meeting scheduled for September 4, 2024. The REIT is recommending that unitholders vote in favor of the sale, which is expected to generate a net
Real estate investment trusts
Plymouth Industrial REIT, Inc., a full-service, vertically integrated real estate investment company, has announced a strategic agreement with Sixth Street, a leading global investment firm, to secure significant growth capital. The $500 million investment will enable Plymouth to pursue acquisitions and scale its platform in key industrial markets. The transaction
Healthcare Realty Trust Inc.
Healthcare Realty Trust Incorporated, a real estate investment trust (REIT) specializing in medical outpatient buildings, has made significant strides in its joint venture with KKR, a global investment firm. The company has contributed an additional $118 million in properties to the joint venture, generating approximately $94 million in proceeds. This
Real estate investment trusts
Brazil's multifamily rental market is expected to grow significantly by 2025, driven by institutional investors and new supply. The market currently comprises 9,200 apartments, with a vacancy rate of 21.26% in the second quarter. Institutional investors, such as Brookfield, are backing foreign capital to enter the
Real estate industry
Zimbabwe's property development is on the cusp of a new era, driven by the growth and adoption of Real Estate Investment Trusts (REITs). As the country's premier property investment conference, ZimReal 2024, prepares to kick off on August 28, industry stakeholders are converging to discuss the
