News on REIT continually updated from thousands of sources around the net.
2 hrs ago | The Motley Fool
Perhaps that is a bit of a trick question, since relatively small single-tenant triple-net REITs: $2.6 billion market cap Lexington Realty Trust ( In fact, all three REITs have managed to steadily grow funds from operations, or FFO, which are used to pay investors a competitive dividend while maintaining a healthy balance sheet.
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7 hrs ago | Seeking Alpha
Invesco Mortgage Capital, Inc is an externally managed company that primarily invests in residential and commercial mortgage-backed securities and other related assets.
11 hrs ago | Reuters
A New York state judge has thrown out a lawsuit in which longtime investors in the Empire State Building claimed they were shortchanged out of hundreds of millions of dollars by the real estate magnates who took the iconic skyscraper public last October.
12 hrs ago | Business Wire
The distributions will be calculated based on 365 days in the calendar year and will be equal to $0.001753425 per share of Class A and Class T common stock.
16 hrs ago | Canada NewsWire
Most unitholders can participate in PROREIT's distribution reinvestment plan . The DRIP provides unitholders with an opportunity to conveniently and economically increase their ownership in PROREIT.
20 hrs ago | Express India
Terming the budget announcement on giving pass through status to REITs as a "good beginning", HDFC Chairman Deepak Parekh has urged the Finance Ministry to come up with more clarification on taxation front for it to be successful.
21 hrs ago | Business World
In an interim trading statement this morning, Hibernia REIT said it has completed eight acquisitions totalling E267m so far, mainly in the central Dublin office sector.
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Choice Properties Real Estate Investment Trust , citing a $52.3-million non-cash finance charge, has reported a second-quarter net loss of $1.5 million or less than a penny per diluted unit.
Investors in a nontraded real estate investment trust launched by Tony Thompson, the one-time noted real estate investor, were told last week that the net asset value of the REIT had eroded by nearly 30%.
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Whitestone REIT , a fully integrated real estate company that owns, operates and re-develops Community Centered PropertiesTM, announced the opening of the fifth location of Goodnight Pediatrics, an all-night children's urgent care facility, at its Gilbert Tuscany Village Property.
The deal is expected to close in early 2015. The billboards had revenue of $206 million last year, CBS Outdoor said.
The rise was mainly attributed to an improved performance from Ocean Financial Centre and Prudential Tower, as well as additional income from 8 Exhibition Street in Melbourne.
REIT, a reality? Not yet! Although the finance minister made a progressive announcement on REITs in his budget speech, we believe work still needs to be done on the fine print and state-level issues need to be sorted for REITs to become a reality.
Mumbai, July 20 : Finance minister Arun Jaitley is likely to have opened up a market worth at least Rs 70,000 crore by announcing tax breaks for real estate investment trusts in the budget.
It is consistent, conservative, and dependable. The company launched its IPO in 1994, but its origins began much earlier through a unique deal with Taco Bell.
Updated: Tue Jul 22, 2014 10:15 pm
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