BMO
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Howard takes reins at BMO REIT as chair stays on
Vikram Lall was due to step down, but will now continue as chair to “ensure smooth transition”
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BMO spends £76m to beef up logistics wing
Menu includes two Derbyshire sheds, a forward-funding in Burton-upon-Trent and two revived builds
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BMO’s CPT breaks £1bn barrier
The commercial property trust’s NAV rose by 4.2% to £1.01bn over the last quarter
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BMO Real Estate beats benchmarks despite difficult year
Revaluations boosted the portfolio to £322m and profit to £21m
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BMO adds sheds and DIY stores in £20m deal
Acquisitions enhance exposure to low-rented warehousing
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BMO sells Cassini House for £145.5m
The prime St James’s office building was sold at a 3.2% yield and 11% above its last valuation
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Inside BMO’s £750m dual housing strategy
Interview: How a new REIT and patient capital can support social care
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High street exits pay off as BMO reports strong rent collection
The REIT said its focus on warehousing and offices had helped it weather the pandemic
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‘Favourable composition’ leaves BMO cautiously optimistic on 2021
BMO’s NAV total return in 2020 was 3%, with an ungeared portfolio return of 3.4%
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BMO sells Royal Mail Bristol industrial centre
The sale forms part of its strategy to diversify out of larger distribution centres
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BMO REP reaches first close on UK housing fund
The first close is understood to have raised under £100m and will be used to demonstrate the concept
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Noe and Smith sell out of BMO
BMO Real Estate Partner’s chairman Leo Noé and Ivor Smith, partner and member of the BMO REP board, have sold their stake in the company and retired from their roles