Equity Residential Properties Trust
Equity Residential, a leading residential property trust, reported outstanding results for the quarter and six months ended June 30, 2024. The company's same-store revenue increased 2.9% in the second quarter of 2024 compared to the same period in 2023, driven by strong demand and modest supply across
Real estate investment trusts
Seven Hills Realty Trust, a real estate investment trust (REIT) that originates and invests in first mortgage loans secured by middle market and transitional commercial real estate, today announced financial results for the quarter and six months ended June 30, 2024. The company's financial results for the second
Private placements (Securities)
AIP Realty Trust has received approval from the TSX Venture Exchange to extend the price reservation on its non-brokered private placement by 30 days until August 23, 2024. The trust is planning to close a second tranche and any additional tranches thereafter, also on or before August 23, 2024. The
Real estate investment trusts
CareTrust REIT, Inc. (NYSE:CTRE) has announced plans to release its second quarter 2024 financial results on Thursday, August 1, 2024, after the close of the U.S. markets. The company's management team will host a conference call the following day to discuss the results and other current
Real estate investment trusts
Vukile Property Fund, which has a significant stake in MICC Properties Namibia, has revealed that its property assets in the company are currently valued at N$1 billion. The average annual value growth in the portfolio over the past 20 years has been 7.5% per annum. Despite considering its
Real estate
Universal Health Realty Income Trust, a real estate investment trust (REIT), has announced a significant increase in net income for the three-month period ended June 30, 2024. According to the company, net income was $5.3 million, or $.38 per diluted share, as compared to $3.5 million, or $.25
Empire State Realty Trust Inc.
Empire State Realty Trust, a New York City-focused REIT, reported strong operational and financial results for the second quarter 2024. The Company's flagship Empire State Building, the "World's Most Famous Building," continues to attract record-breaking numbers, with the Observatory declared the #1 Attraction in
Medical Properties Trust Inc.
Medical Properties Trust, a leading real estate investment trust, has successfully completed the sale of eight Arizona facilities, including a 50-bed hospital and seven freestanding emergency department facilities, to Dignity Health for $160 million. The sale marks a significant milestone for the company, which plans to use the proceeds to
Real estate industry
Primary Health Properties PLC (PHP) has released its unaudited interim results for the six months ended June 30, 2024. The report reveals mixed financial performances, with slight increases in net rental income and dividends, but significant drops in earnings per share. Despite the fluctuations, the company's investment property
Postal service
Postal Realty Trust, Inc. (PSTL), an internally managed real estate investment trust, will disclose its financial results for the period ended June 30, 2024, on August 6, 2024, after market close. The Company has a significant portfolio of over 1,950 properties leased primarily to the United States Postal Service
Medical Properties Trust Inc.
Medical Properties Trust, a leading hospital real estate investment trust, has announced the sale of the 50-bed Arizona General Hospital in Mesa, AZ, and seven freestanding emergency department facilities in the Phoenix metropolitan area to Dignity Health, a subsidiary of CommonSpirit Health, for $160 million. The sale price and current
Financial services
ExchangeRight, a leading provider of diversified real estate investments, has reached a significant milestone by surpassing $6 billion in assets under management. As of June 30, 2024, the company stewards over $6 billion on behalf of more than 8,300 investors across the country. ExchangeRight's team is proud
