Real estate industry
The Employees Provident Fund Board, a prominent Malaysian pension fund, has disclosed its increased stake in the Pavilion Real Estate Investment Trust through its nominee company, Citigroup Nominees (Tempatan) Sdn Bhd, on August 6, 2024. The acquisition of 2,101,400 units has brought the fund's total direct
Real estate industry
Apple Hospitality REIT, Inc. today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share, payable on September 16, 2024, to shareholders of record as of August 30, 2024. The annualized distribution of $0.96 per common share represents an annual yield
Real estate industry
The Employees Provident Fund Board has made a significant investment in the KLCC Real Estate Investment Trust, acquiring 500,000 stapled securities comprising units in the trust and ordinary shares in KLCC Property Holdings Berhad on August 12, 2024. This acquisition brings the total number of units held by the
Real estate industry
Granite Real Estate Investment Trust has announced the declaration of a distribution of CDN $0.275 per stapled unit for the month of August 2024. The distribution will be paid on Monday, September 16, 2024, to stapled unitholders of record at the close of trading on Friday, August 30, 2024.
Real estate industry
Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN), a leading owner and operator of healthcare real estate infrastructure, has announced a distribution of $0.03 per unit for the month of August 2024, representing $0.36 per unit on an annualized basis. The distribution will be payable on
Commercial real estate
Property Share, a technology-enabled commercial real estate investment platform, has become the first entity to receive the small and medium real estate investment trust (SM REIT) license from the Securities and Exchange Board of India (Sebi) under the newly notified SM REIT regulations. This approval is a significant milestone for
Real estate industry
Filinvest REIT Corp., the real estate investment trust of the Gotianun Group, has seen a 7% expansion in income to P601 million in the first half of the year, compared to P561.3 million in the previous year. Despite a contraction in revenues to P1.4 billion, a 11% drop
Capital markets
Tritax Big Box REIT PLC has reported a positive net asset value per share, rising by 1.3% to 177.36 pence as of June 30, up from 175.13p a year prior. The real estate investment trust, which invests in large logistics warehouses, has also declared an interim dividend
Real estate industry
Dream Residential REIT, a leading provider of residential real estate investment trust, has announced its financial results for the three and six months ended June 30, 2024. The company's performance was marked by notable increases in comparative properties net operating income, net rental income, and diluted funds from
Real estate industry
Valor Estate, a listed real estate firm formerly known as DB Realty, is set to launch three to four projects in the ongoing fiscal year, catering to the residential, commercial, and hospitality segments across the Mumbai Metropolitan Region (MMR). These projects will offer a range of apartment configurations, from 1BHK
Real estate industry
Wheeler Real Estate Investment Trust, Inc. has announced its financial and operating results for the three and six months ended June 30, 2024. The Company reported its results on Form 10-Q, which is available on its website, and also posted supplemental information to its website regarding its financial and operating
Equity Residential Properties Trust
Equity Residential has agreed to purchase a significant apartment portfolio from Blackstone Real Estate for approximately $964m. The portfolio includes 11 properties, spanning 3,572 units, across high-growth markets in Atlanta, Dallas/Ft. Worth, and Denver. This acquisition is set to enhance Equity Residential's appeal to higher-end renters
