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Showing 151 - 160 of 708 results for "Lease"

Cromwell makes Italian acquisition

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
Cromwell Property Group announced an off-market acquisition of Centro Logistico Orlando Marconi (CLOM), an intermodal logistics park located in Italy, for the Cromwell European REIT (CEREIT). Cromwell said the park contains net lettable area totalling ...

Real AM considers listing new REIT

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
Real Asset Management (RAM) said it is considering listing an essential services REIT on the ASX next year after acquiring three regional hospitals for $100 million. The hospitals, previously owned by Canada's Northwest Healthcare Properties, include ...

Charter Hall buys David Jones flagship

ELIZA BAVIN  |  TUESDAY, 22 DEC 2020
... acquired the property on a sale and leaseback transaction with David Jones, which will provide a 20-year, triple-net (NNN) lease, with minimum 2.5% per annum annual rent increases supplemented by an agreed turnover rent linked to sales performance. The ...

Charter Hall adds three properties

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... the centre of the Sydney's CBD, and has been acquired via a sale and leaseback with Telstra on a long, 10-year triple net lease with fixed annual 2.5% rent increases. The Charter Hall Prime Industrial Fund (CPIF) recently expanded its joint venture with ...

Charter Hall, Allianz Real Estate acquire assets

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
... four major supermarket anchors." ALDI built the purpose-built distribution centres sold them subject to initial seven-year lease back terms plus multiple seven-year options. ALDI has agreed to pay all ongoing property expenses including taxes, insurance ...

Elanor healthcare fund continues expansion

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... investment to provide radiation therapy. It is fully leased to ICON Cancer Centre and Q-Scan Radiology with a weight average lease expiry (WALE) of 7.1 years. Eleanor Investments co-head of real estate and EHREF fund manager David Burgess said the fund ...

Elanor launches new fund

ELIZABETH MCARTHUR  |  THURSDAY, 26 NOV 2020
... occupied, with long-term leases to the Queensland Government and the Catholic Church and have a 7.2 year weighted average lease expiry. The sites are an established medical precinct, opposite the Princess Alexandra Hospital, and close to major transport. ...

Centuria makes $171m acquisition

ELIZA BAVIN  |  TUESDAY, 17 NOV 2020
... $171.1 million on an average initial yield of 5.62%. The portfolio is currently 100% occupied and have a weighted average lease expiry (WALE) of 6.4 years with assets based in NSW, VIC and QLD. CIP will also undertake a fully underwritten institutional ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... Australia and Tasmania, which are leased to Costa Group, a horticultural company and fresh produce supplier. The 15-year lease term began in 2011. Last financial year, Vitalharvest made $10.1 million in net profit and had $285.6 million in assets under ...

The hits you don't see hurt the most: Aviva

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
A survey of institutional investors representing over €2 trillion in assets under management, conducted by Aviva Investors, demonstrated that COVID-19's blows to real assets have left pension funds wary. Less than half of insurance companies (49%) ...