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International

NADG NNN REIT to sell its $138M portfolio, dissolve

RENX Staff Commercial REITs International Aug. 22 2023

NADG NNN Real Estate Investment Trust has agreement to sell its 50 per cent interest in 54 income-producing U.S. commercial properties to NADG NNN Operating LP, pay out the proceeds to unit holders and dissolve the REIT.

Slate to acquire x+bricks' $1.5B German retail portfolio

Commercial Transactions International Aug. 9 2023

Slate Asset Management has agreed to buy the 188-property German grocery-anchored retail portfolio of x+bricks Group. Toronto-based Slate will make the acquisition in two tranches for approximately $1.5 billion.

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