Real estate investment trusts
Four Corners Property Trust (FCPT), a real estate investment trust (REIT) primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, will release financial results for the three and six months ended June 30, 2024, after the market close on Wednesday, July 31, 2024. The company
Real estate investment trusts
Plymouth Industrial REIT, Inc. has announced its leasing and development activity for the second quarter of 2024, showing significant growth in organic growth. The company's leasing activity is a major component of its growth strategy, with a focus on addressing top renewals, pursuing large opportunities, and developing its
Commercial leases
Plymouth Industrial REIT, Inc., a full-service, vertically integrated real estate investment company, announced its leasing and development activity for the second quarter of 2024. The company's leasing activity included a total of 1,811,939 square feet of leases commencing during the quarter, with 1,610,786 square
Real estate industry
At Nareit's REITweek: 2024 Investor Conference, Danny Prosky, president and CEO of American Healthcare REIT, Inc., attributed the company's significant organic same store earnings growth to favorable demographic trends driven by the aging baby boomer population. The company reported a 33.5% same store earnings growth
Healthcare Realty Trust Inc.
Healthcare Realty Trust Incorporated has generated approximately $400 million in proceeds from joint venture and asset sale transactions year-to-date, with expectations to exceed $1 billion in total proceeds. The company has additional assets under contract or letter of intent that are expected to increase proceeds, with the majority of these
Healthcare Realty Trust Inc.
Healthcare Realty Trust Incorporated, a real estate investment trust (REIT) specializing in medical outpatient buildings, has generated approximately $400 million in proceeds from joint venture (JV) and asset sale transactions year-to-date. The Company has additional asset sale and JV transactions under contract or letter of intent (LOI) that are expected
Real estate
The UK's real estate market is witnessing a significant disconnect between the London stock market and private investors. While stock market investors are shunning certain property assets, foreign investors are swooping in to acquire them at discounted prices. This is evident in the recent acquisitions by Shurgard Self-Storage,
Real estate industry
The Employees Provident Fund Board, a Malaysia-based pension fund, has acquired an additional 729,700 units in Pavilion Real Estate Investment Trust (PREIT), increasing its stake in the company. The acquisition was made on June 6, 2024, and was disclosed to the Bursa Malaysia Stock Exchange on June 11, 2024.
Real estate industry
The Employees Provident Fund Board, a prominent Malaysian pension fund, has disclosed its increased stake in Pavilion Real Estate Investment Trust (PRIT) through CITIGROUP NOMINEES (TEMPATAN) SDN BHD. According to a recent filing with Bursa Malaysia Stock Exchange, the fund acquired 1,042,700 units and 932,700 units of
Real estate investment trusts
Redrow founder Tom Steve Morgan has stepped in to save Regional Reit, an office landlord, from potential administration by investing £110.5 million to refinance a £50 million bond. The situation was critical, with the company's loan-to-value ratio soaring to 55% due to the decline in commercial property
Real estate industry
MREIT Inc., the real estate investment trust of Andrew Tan's Megaworld Corp., is set to diversify its portfolio by including retail assets, in addition to its existing office sector focus. The decision aims to provide shareholders with exposure to the strong performance of the retail sector, enhancing the
Nursing homes
Target Healthcare REIT has successfully completed the disposal of four UK care homes, realizing a significant £44.5m, or a modest premium to the book value at 31 March 2024. The sales price reflects a net initial yield of 5.64%. The proceeds from the disposal will enable a partial
