Real estate industry
AREIT Inc., the listed real estate investment trust of the Ayala Group, is gearing up for rapid growth in the coming years. The company aims to diversify its asset mix to improve returns and reduce sector risks across various economic cycles. AREIT's president and CEO, Jose Eduardo Quimpo
Real estate investment trusts
DDMPR, a leading commercial REIT, owns substantially all of the land underneath its buildings, making it a unique player in the industry. While this ownership provides certain advantages, such as capital gains consideration and higher-quality assets for executives to borrow against, it does not directly impact the quarterly dividend. The
Real estate industry
The Employees Provident Fund Board, a prominent Malaysian pension fund, has disclosed its increased stake in Pavilion Real Estate Investment Trust (REIT) through CITIGROUP NOMINEES (TEMPATAN) SDN BHD. The fund acquired 709,900 units in Pavilion REIT, thereby increasing its direct interest to 12.268% of the total outstanding units.
Chief operating officers
reAlpha, a real estate technology company, has appointed William Brent Miller as its new Chief Financial Officer (CFO). Miller brings over 20 years of finance reporting and leadership skills to the role, having most recently served as Chief Accounting Officer of Sunlight Financial Holdings Inc. Miller's experience in
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
Real estate investment trusts
Citicore Energy REIT Corp.'s (CREIT) financial performance in the first half of 2023 has been marked by a significant increase in revenue and net income. The company reported a 12 percent year-on-year rise in net income to P693.41 million, driven by the full impact of new parcels
Real estate investment trusts
Eddie Byrne, chief executive of Ires Reit, Ireland's largest private landlord, is endeavoring to revitalize the company's image after a tumultuous year marked by the exit of its largest shareholder, Capreit, and the emergence of a new, vocal shareholder, Vision Capital, which has secured two seats
Medical Properties Trust Inc.
Medical Properties Trust, Inc. (MPT) has released its second quarter financial results for the period ended June 30, 2024. The Company reported a net loss of ($321 million), or ($0.54) per share, and Normalized Funds from Operations (NFFO) of $139 million, or $0.23 per share. Key highlights include
