Saturday Jun 01, 2024
Swiss Properties Invest Expands Portfolio, Historic Phoenix Hotel Acquired
Swiss Properties Invest acquires an attractive commercial property in Koblenz, Aargau. Chatham Lodging Trust purchases the Downtown Phoenix Hilton in a historic building. Plus, commercial property owners navigate challenges in installing EV chargers. Also, researchers raise concerns about banks' exposure to REITs.
Sources:
https://www.globenewswire.com/news-release/2024/06/01/2891792/0/en/Swiss-Properties-Invest-has-finalised-the-acquisition-of-an-attractive-commercial-property-in-Koblenz-in-the-Canton-of-Aargau.html
https://www.bizjournals.com/phoenix/news/2024/05/31/downtown-phoenix-hilton-in-historic-building-sold.html
https://propmodo.com/commercial-property-owners-navigate-ev-charger-installation-challenges/
https://therealdeal.com/national/2024/05/31/researches-raise-concern-of-bank-exposure-to-reits/
Outline:
(00:00:00) Introduction
(00:00:41) Swiss Properties Invest has finalised the acquisition of an attractive commercial property in Koblenz in the Canton of Aargau
(00:03:10) Downtown Phoenix Hilton in historic building acquired by Florida REIT
(00:03:53) Researches Raise Concern of Bank Exposure to REITs