Slate Grocery REIT enters into definitive agreement to be acquired by Brixmor, Everview Partners for $2.3b

by Released

Slate Grocery REIT, an owner and operator of U.S. grocery-anchored real estate, announced that it has entered into a definitive arrangement agreement (the arrangement agreement) with a joint venture (the purchaser) between Brixmor Property Group and affiliates of Everview Partners, pursuant to which the purchaser will acquire all of the issued and outstanding trust units of the REIT (the units and the holders thereof, the unitholders) for $13.00 in cash per unit (the consideration), representing a total enterprise value of approximately $2.3 billion (the transaction).

M&G Real Estate sells Tokyo residential tower following 23% income growth under value-added strategy

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M&G Real Estate, part of M&G’s $110 billion private markets business, has sold Frontier Shinjuku Tower, a 24-story mixed-use property in Tokyo’s Nishi-Shinjuku district, after increasing the building’s net operating income by 23 percent.

Reaching AI’s promised land

by Kevin Rippon

In part three, the finale of this series, we addressed the shortcomings of the last generation of proptech and how a shift in outcomes isn’t guaranteed with artificial intelligence (AI).

Westwind Capital announces €200m first close

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Westwind Capital has completed the initial close of approximately €200 million ($228 million) across Westwind European Real Estate Partners I (WEREP) and associated sidecar investment vehicles.