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IGB Commercial REIT buys properties worth RM3.16b from IGB Bhd | Money

Friday, 09 Apr 2021 07:49 PM MYT
KUALA LUMPUR, April 9 The newly-established IGB Commercial Real Estate Investment Trust (IGB Commercial REIT), through its trustee MTrustee, has inked 10 agreements to buy properties worth RM3.16 billion from IGB Bhd’s subsidiaries and 50 per cent-owned joint-venture companies under its proposed listing exercise.
In a filing with Bursa Malaysia today, IGB said the vendors would dispose of several properties located in Kuala Lumpur, including GTower for RM739.8 million, Southpoint Properties (RM573.5 million), Gardens South Tower (RM391.5 million), Gardens North Tower (RM382.1 million), and Menara Tan & Tan (RM239.1 million).
The other properties are Centrepoint North (RM196.5 million), Centrepoint South (RM190.5 million), Menara IGB & IGB Annexe (RM188.9 million), Hampshire Place Office (RM180.6 million), and Boulevard Properties (RM78 million). ....

Kuala Lumpur , Sdn Bhd , Idaman Spektra , Hampshire Place Office , Securities Commission , Real Estate Investment Trust , Southpoint Properties , Tt Realty , Hampshire Properties , Bursa Malaysia , Gardens South Tower , Gardens North Tower , Menara Tan , Centrepoint North , Centrepoint South , Boulevard Properties , Mid Valley City Sdn Bhd , Mid Valley City Developments Sdn Bhd , Main Market , குவாலா லம்பூர் , ஸ்டன் ப்ட் , பத்திரங்கள் தரகு , ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , ஹாம்ப்ஷயர் ப்ராபர்டீஸ் , தோட்டங்கள் தெற்கு கோபுரம் , தோட்டங்கள் வடக்கு கோபுரம் ,

IGB Commercial REIT buys 10 properties from IGB Group for RM3.16bil

KUALA LUMPUR (Bernama) The newly-established IGB Commercial Real Estate Investment Trust (IGB Commercial REIT), through its trustee MTrustee, has inked 10 agreements to buy properties worth RM3.16 billion from IGB Bhd’s subsidiaries and 50 per cent-owned joint-venture companies under its proposed listing exercise.
In a filing with Bursa Malaysia today, IGB said the vendors would dispose of several properties located in Kuala Lumpur, including GTower for RM739.8 million, Southpoint Properties (RM573.5 million), Gardens South Tower (RM391.5 million), Gardens North Tower (RM382.1 million), and Menara Tan & Tan (RM239.1 million).
The other properties are Centrepoint North (RM196.5 million), Centrepoint South (RM190.5 million), Menara IGB & IGB Annexe (RM188.9 million), Hampshire Place Office (RM180.6 million), and Boulevard Properties (RM78 million). ....

Kuala Lumpur , Sdn Bhd , Idaman Spektra , Hampshire Place Office , Securities Commission , Real Estate Investment Trust , Southpoint Properties , Tt Realty , Hampshire Properties , Bursa Malaysia , Gardens South Tower , Gardens North Tower , Menara Tan , Centrepoint North , Centrepoint South , Boulevard Properties , Mid Valley City Sdn Bhd , Mid Valley City Developments Sdn Bhd , Main Market , குவாலா லம்பூர் , ஸ்டன் ப்ட் , பத்திரங்கள் தரகு , ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , ஹாம்ப்ஷயர் ப்ராபர்டீஸ் , தோட்டங்கள் தெற்கு கோபுரம் , தோட்டங்கள் வடக்கு கோபுரம் ,

Montgomery Ward's colossal former home in Menands hits auction block

Montgomery Ward s colossal former home in Menands hits auction block
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The massive Riverview Center in Menands, once home to the region s Montgomery Ward building, is being sold at auction next month after the Brooklyn-based owner couldn’t repay the balance of a $34 million mortgage. Looking north on Broadway shows the Riverview Center, the former Montgomery Wards department store Wednesday Oct. 4, 2017 in Menands, N.Y. (Skip Dickstein/Times Union)SKIP DICKSTEINShow MoreShow Less
2of8Montgomery Ward Department Store on Broadway May, 17, 1932, in Menands, N.Y. (Times Union archive) Show MoreShow Less
3of8
4of8Buy PhotoView looking down Broadway toward Albany, and the former Montgomery Ward building, on Monday, March 11, 2019, in Menands, N.Y. (Will Waldron/Times Union)Will WaldronShow MoreShow Less ....

United States , Riverview Center , Montgomery Ward , Tomas Rosenthal , New York City , Capital Region , Interstate 787 , Crossgates Mall , Hampshire Properties , Riverview Assets , ஒன்றுபட்டது மாநிலங்களில் , ஆற்றங்கரை மையம் , மாஂட்கம்ரீ வார்டு , டோமாக்கள் ரோசென்டல் , புதியது யார்க் நகரம் , மூலதனம் பகுதி , குறுக்குவழிகள் மால் , ஹாம்ப்ஷயர் ப்ராபர்டீஸ் , ஆற்றங்கரை சொத்துக்கள் ,

Frisco apartment community opens its doors

Frisco apartment community opens its doors
Builder StreetLights Residential has built more than 1,000 rental units in its Canals project.
The Margo apartments are west of the Dallas North Tollway in Frisco.(StreetLights Residential )
Dallas apartment builder StreetLights Residential has opened its newest rental community this time in Frisco.
The 358-unit Margo apartments are at 4545 Mission Ave., west of the Dallas North Tollway. The project is the third phase of StreetLights’ Canals apartment community and includes both flats and townhomes.
“We’re thrilled to complete the third phase of the Canals at Grand Park and [are] continuing to expand our presence in Frisco,” StreetLights vice president of development Greg Coutant said in a statement. “The Margo is a perfect example of our mission designing beautiful homes that combine simple elegance with the convenience of a vibrant, growing neighborhood.” ....

United States , Greg Coutant , Hampshire Properties , Streetlights Residential , Dallas North , Streetlight Canals , Grand Park , Lights Residential , New York Based Hampshire Properties , ஒன்றுபட்டது மாநிலங்களில் , ஹாம்ப்ஷயர் ப்ராபர்டீஸ் , தெரு விளக்குகள் குடியிருப்பு , டல்லாஸ் வடக்கு , தெரு விளக்கு கால்வாய்கள் , மாபெரும் பூங்கா , விளக்குகள் குடியிருப்பு , புதியது யார்க் அடிப்படையிலானது ஹாம்ப்ஷயர் ப்ராபர்டீஸ் ,

Spruce Properties Expands to Iowa with $57M Portfolio Buy

Spruce Properties Expands to Iowa with $57M Portfolio Buy
The six communities comprising some 500 units are scattered across suburban Des Moines, in Ankery, Waukee and Polk City.
Dec102020
Lake Shore
BBK Apartments has sold a six-property residential portfolio in suburban Des Moines, Iowa, for $56.8 million. The transaction marks Spruce Properties’ first buy in the state. JLL Capital Markets represented the buyer and arranged a 10-year, 2.8 percent, fixed-rate Fannie Mae acquisition loan. JLL Real Estate Capital LLC will service the financing.
The portfolio includes the 239-unit Lake Shore, the 122-unit Lake Shore Park, the 12-unit Lake Shore Place and the 16-unit Peachtree communities, all located in Ankery. The 54-unit Sunrise Meadows in Waukee and the 52-unit Saylorville Lakeside in Polk City were also part of the deal. ....

United States , Des Moines , Trent Niederberger , Michael Minard , David Gaines , Justin Lossner , Marcus Pitts , Real Estate Capital , Hampshire Properties , Fannie Mae , Spruce Propertie , Estate Capital , Lake Shore , Lakeshore Park , Lake Shore Place , Sunrise Meadows , Saylorville Lakeside , Polk City , Lake Shore Apartments , Yardi Matrix , Shore Park , Spruce Capital Partners , ஒன்றுபட்டது மாநிலங்களில் , தேஸ் மாய்ந்ஸ் , மைக்கேல் மினர்த் , டேவிட் ஆதாயங்கள் ,