Real estate investment trusts
The SEDCO Capital REIT Fund experienced a slight decline in its stock performance on the Saudi Exchange's Main Market, with its shares reaching a high of SAR 6.88 before dipping to a low of SAR 6.71 and eventually settling at SAR 6.80, marking a decrease
Securities law
Fortress Net Lease REIT (FNLR) announced its Net Asset Value (NAV) per share for April 30, 2025, as part of its FORM 8-K filing with the U.S. Securities and Exchange Commission. The company's NAV per share for each class of common shares is as follows: Class I
Real estate industry
Granite Real Estate Investment Trust (GRT.UN/TSX) (GRP.U/NYSE), a leading real estate investment trust, has announced its intention to purchase up to 6,060,162 of its units through a normal course issuer bid. This move is aimed at utilizing Granite's liquidity to purchase units
Real estate industry
Granite Real Estate Investment Trust (GRANITE REIT) has announced the acceptance by the Toronto Stock Exchange (TSX) of its Notice of Intention to Make a Normal Course Issuer Bid (NCIB). This bid will allow Granite REIT to purchase up to 6,060,162 of its issued and outstanding units, approximately
Real estate investment trusts
The Johannesburg Stock Exchange was abuzz with the news that Sesfikile Capital Pty Ltd has acquired a substantial 5.75% stake in Octodec Investments Limited, a leading real estate investment trust. This acquisition, made in compliance with regulatory frameworks, marks a significant development in the company's ownership structure.
Real estate industry
The Employees Provident Fund Board (EPF) has acquired a substantial shareholding in Axis Real Estate Investment Trust (REIT). As of May 15, 2025, the EPF increased its direct interest in Axis REIT by acquiring 215,000 units, bringing its total direct interest to 369,430,991 units, representing 18.282%
Real estate industry
Apple Hospitality REIT, Inc. recently declared a regular monthly cash distribution of $0.08 per common share. This distribution is payable on June 16, 2025, to shareholders of record as of May 30, 2025. The annualized distribution of $0.96 per common share represents an annual yield of approximately 8.
Chief financial officers
Service Properties Trust's President and Chief Executive Officer, Chris Bilotto, and Chief Financial Officer and Treasurer, Brian Donley, will present at Nareit's REITweek 2025 Investor Conference on June 4, 2025. The live audio webcast will be available on the company's website, allowing participants to
Securities law
Johannesburg Stock Exchange has informed note holders of forthcoming interest and capital payments due for various bonds. The notices provide details on the payment schedules, interest amounts, and capital repayments for the specified bonds. Emira Property Fund Limited has been identified as the company affected by these notifications. Note holders
Securities law
Highlands REIT, Inc., a Maryland-based real estate investment trust, has filed a report with the U.S. Securities and Exchange Commission (SEC) indicating that its annual shareholder meeting, scheduled for May 8, 2025, was not held due to a lack of quorum. Despite receiving proxies from shareholders, the meeting was
Real estate investment trusts
Shareholders gathered for Ires Reit's annual meeting last Thursday, marking a stark contrast to previous years. Despite a unanimous rejection of the slate by influential pension fund Calstrs, the entire board was returned with secure majorities. Eddie Byrne, the chief executive, faced little dissent, while Hugh Scott-Barrett, the
Real estate industry
InterRent Real Estate Investment Trust's executives have declined to comment on activist Anson Funds' push for a sale, despite the REIT's $1.6-billion apartment portfolio being attracting significant attention from larger rivals and Anson. The Ottawa-based REIT has reported financial results, with numbers slightly better
