Real estate industry
Intu Properties PLC, a leading Real Estate Investment Trust (REIT) in the United Kingdom, has been upgraded to a buy rating by Deutsche Bank, in a report issued by the firm on Wednesday. This change in rating comes as part of a broader series of actions taken by Deutsche Bank
Real estate industry
The Financial sector has been experiencing a mixed trading day with some stocks pushing lower and others gaining. The Dow Jones Industrial Average is up 60 points (0.3%) at 17,380, while the NYSE advances/declines ratio is at 2,141 issues advancing vs. 842 declining with 156 unchanged.
Real estate industry
Inland American Real Estate Trust, Inc. has made a significant move in the retail market by acquiring the 207,561-square-foot Quebec Square shopping center located in Denver, Colorado. The property was purchased for $52.25 million, with a high occupancy rate of 97%. The center is shadow-anchored by a Walmart
Real estate industry
As the demand for solar energy continues to rise, retailers and real estate investment trusts (REITs) are at the forefront of its adoption. Costco, Ikea, Kohl's, Staples, and Walmart are among the top 10 solar-embracing companies, according to a report by the Solar Energy Industries Association. Meanwhile, two
Real estate industry
Holliday Fenoglio Fowler, Inc. (HFF) arranged $76.6 million in financing for Ten Almaden, a 309,255-square-foot, transit-oriented office building in downtown San Jose, California. The three-year, floating-rate loan was placed with Bank of America on behalf of KBS Capital Advisors for KBS REIT III. The loan proceeds were used
Real estate industry
Top real estate executives in Chicago have unique backgrounds, from their undergraduate and graduate studies to their extensive experience in the field. The list includes notable names such as Samuel Zell, Chairman of Equity Group Investments LLC, who graduated from the University of Michigan and has an undergraduate and graduate
Real estate industry
Greece's foreign investment landscape underwent significant transformations in 2013 and 2014, with net foreign direct investment (FDI) inflows witnessing substantial growth. The country's entry into the European Union in 2001 made it a more attractive destination for multinational companies, but since the EU's 2004
Real estate industry
In 2013, over 200 companies went public on major U.S. exchanges, raising a total of $55 billion, the best year for initial public offerings since 2000. While the Canadian market experienced a more muted activity, still witnessing 18 IPOs worth a total of $2.65 billion, an improvement over
Real estate industry
Yesterday, December 27, 2013, 44 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $182.70 to $2,289,990.00. Highlighted stocks traded by insiders include Splunk, United Therapeutics Corporation, Interactive Brokers Group, Cumulus Media, and Simon Property
Real estate industry
Canadian trading is seeing unusual movements in prominent companies, with a mix of positive and negative news emerging in the market. Bank of Montreal, Bombardier Inc., Canadian Apartment Properties Real Estate Investment Trust, Cardiome Pharma Corp., Jaguar Mining Inc., and Quebecor Inc. are among the companies experiencing significant changes in
Real estate industry
The Canada Pension Plan Investment Board (CPPIB) has made its first foray into the Manhattan real estate market, acquiring stakes in two iconic skyscrapers valued at over $1.45 billion. The transaction marks a significant milestone for the Canadian pension fund, which has been expanding its global real estate portfolio
Real estate industry
Cognizant Technology Solutions Corporation reported a 28.7% year-over-year increase in revenue to $959.7 million in the first quarter of 2010, exceeding the Zacks Consensus Estimate. The company's operating margin came in at 19.1%, while net income was $151.5 million, or 49 cents per share.
