(NYSE: TRNO) has acquired a 53,000 square-foot Los Angeles, California industrial property
for approximately USD 18.1m, the company said.
Rexford Industrial Realty Inc (NYSE:REXR) has acquired an industrial property
in an UPREIT transaction, the company revealed on Thursday.
In an off-market transaction, the company acquired 1515 East 15th Street, located in Downtown Los Angeles within the LA Central submarket, a two-story vacant industrial property
containing 238,000 square feet on 2.34 acres of land that features 10 dock-high loading doors and subterranean parking.
The Kingdom is also witnessing a remarkable demand in industrial investment after intensified efforts by the Saudi Industrial Property
Authority (MODON) and other government agencies.
At the State Office for Industrial Property
applications for 8,500 patents have been submitted, of which 10 percent are domestic and the rest are foreign, and a total of 123,000 trademarks have been registered, of which Macedonian trademarks are 14,644.
The MoU aims to promote cooperation and the exchange of knowledge and expertise on intellectual property practices, through training economic representatives on industrial property
applications and enabling students to get specialised studies in various areas of industrial property
, with focus on patents.
Plant-based nutrition company Raisio Oyj (HEL:RAIVV) announced on Friday that its Southall industrial property
near London has been transferred to the ownership of Galliard Homes Ltd after payment of the remaining 90% of the purchase price of approximately EUR40m on 9 June 2017.
"Automating the industrial property
sector is an essential step in fostering innovation and developing domestic industries," remarked Al Shehhi.
Lower priced industrial property
can be found in Al Quoz, Ras Al Khor and Al Quasis while those in DIP, Jafza and Jebel Ali are more expensive.
Mr Burrell said: "This move allows me to concentrate on an industrial property
portfolio, working on instructions for institutional clients such as Standard Life and M&G, and to continue to build specialist knowledge of the industrial property
They recognized that while many industrial property
business practices and operations are different, there are also a number of issues that are common to both property types.