Hotel Jen Beijing Announced for 2017

Opening in January 2017, the hotel will be part of the prestigious China World Trade Center development in Beijing’s central business district (CBD) in Chaoyang. This will be the third Hotel Jen to open in mainland China since Shangri-La Hotels and Resorts launched the Hotel Jen brand two years ago.
Source: New feed

Four Corners Property Trust Announces Acquisition of 2 Arby’s Restaurants for $3.5 Million

The restaurants are occupied under a triple-net lease with approximately 18 years of remaining term, and the transaction closed at a going-in cash cap rate of 6.6%, exclusive of transaction costs. The properties are above average performers in well-trafficked retail corridors, and the tenant is a growing and profitable franchisee.
Source: New feed