REITS


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How a Singaporean REIT’s mighty US hotel investment sunk
National Issue

How a Singaporean REIT’s mighty US hotel investment sunk

A retired British ocean liner. A decommissioned Soviet submarine. And now, a bankrupt Singaporean real estate investment trust. All...

How a Singaporean REIT’s mighty US hotel investment sunk
Knotel CEO Amol Sarva and Newmark CEO Barry Gosin (Sarva via Sasha Maslov; Gosin via Newmark)
National

Newmark’s acquisition of Knotel is approved

A bankruptcy court has approved the sale of flex-office provider Knotel to brokerage Newmark. Newmark officials said they expected...

Newmark’s acquisition of Knotel is approved
NewLake CEO Anthony Coniglio (NewLake, iStock)
National

Two cannabis REITs form joint venture

As cannabis-focused real estate blossoms, two real estate firms focused on the sector will now be rolled into one. The REITs, NewLake Capital Partners Inc. and GreenAcreage Real Estate Corp., will merge to form...

Two cannabis REITs form joint venture
Hudson Pacific Properties CEO Victor Coleman with his LA office building The Harlow. (Hudson Pacific)

Hudson Pacific office occupancy still below 25%

 The 279,000 square feet of office space that Hudson Pacific Properties inked in the fourth quarter was the firm’s...

Hudson Pacific office occupancy still below 25%
Most of net lease REITs' retail properties like pharmacies, groceries and restaurants were deemed “essential” (Google Maps, iStock)
National Issue

Net lease REITs piece together Covid strategy

What do a Target in Phoenix, a Wegmans in Chapel Hill, North Carolina, and a Marshalls-Homegoods store in California’s...

Net lease REITs piece together Covid strategy
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