John Shutt
- News
Shurgard reconsiders
US – After rejecting unsolicited buy-out overtures from self-storage REIT giant, Public Storage, for four months, the board of US self-storage REIT Shurgard Storage Centers has done an about-face and decided to explore the sale of the company. ...
- News
Bidding war over Town & Country REIT
REAL ESTATE - A bidding war has broken out for the rights to acquire Town & Country (TCT), the Baltimore, Maryland-based apartment REIT that owns 13,000 units on the eastern US seaboard. A third bidder entered the fray last week when investmen...
- News
Blackstone buys La Quinta hotel REIT
US - New York-based equity firm Blackstone Group has agreed to buy Texas-based hotel REIT La Quinta for $3.4bn (€2.9bn). It's the latest acquisition in the firm's 18-month shopping spree in the hotel sector. The deal means Blackstone will pa...
- News
Shurgard reconsiders
US – After rejecting unsolicited buy-out overtures from self-storage REIT giant, Public Storage, for four months, the board of US self-storage REIT Shurgard Storage Centers has done an about-face and decided to explore the sale of the company. ...