Property Management

(PCE) Stock Market News for April 1, 2013 – Market News

Benchmarks finished the last trading session of the month on a positive note. The S&P 500 finally managed to post a new all time high on Thursday. Meanwhile, the number of Americans filing for unemployment benefits increased in the previous week. GDP data revealed that the U.S. economy expanded...

11Apr2013 | | Comments Off on (PCE) Stock Market News for April 1, 2013 – Market News | Continued

(CBG) Whitestone REIT Completes Yet Another Phoenix Buy

Consistent with its aim to further expand, mainly on the off-market front, Texas-based Whitestone REIT (WSR) recently announced the acquisition of a class-A community center – The Shops at Pecos Ranch – in Arizona...

1Jan2013 | | Comments Off on (CBG) Whitestone REIT Completes Yet Another Phoenix Buy | Continued

(DFT) DuPont Fabros Technology Announces CH1 Datacenter Fully Occupied

DuPont Fabros Technology, Inc. (DFT), a real estate investment trust (REIT), recently stated that its Chicago-based property, CH1 data center, is now 100% occupied. The CH1 data center now boasts nine tenants with...

24Dec2012 | | Comments Off on (DFT) DuPont Fabros Technology Announces CH1 Datacenter Fully Occupied | Continued

(BZH) Stock Market News for October 1, 2012 – Market News

Disappointing business activity data and other signals of a weak economy left the benchmarks languishing in the red on Friday. Benchmarks also ended the week on a losing note. However, markets registered their best third quarter since 2010. The S&P 500 jumped a significant 5.9% in the third quarter.

The...

1Oct2012 | | Comments Off on (BZH) Stock Market News for October 1, 2012 – Market News | Continued

(C) Stock Market News for August 31, 2012 – Market News

Encouraging consumer spending data and strong sales figures from major retailers failed to avoid benchmarks’ fall yesterday as investors remained cautious ahead of Ben Bernanke’s speech. The S&P 500 settled below the 1, 400 level for the first time since August 6. Also, none of the industry...

31Aug2012 | | Comments Off on (C) Stock Market News for August 31, 2012 – Market News | Continued

(BPO) FUJIFILM Holdings Corporation Acquires Aussie BPO

FUJIFILM Holdings Corporation (FUJIY) recently announced acquisition of the Business Process Outsourcing (BPO) division of Salmat Limited, the largest business service provider in Australia. The company had to shell out AU$375 million...

27Aug2012 | | Comments Off on (BPO) FUJIFILM Holdings Corporation Acquires Aussie BPO | Continued

(PCE) GDP Headline Weak – Stronger Underneath

The rating downgrade of Spain and a slew of broadly favorable earnings reports will try to grab investors’ attention today, but they are unlikely to take the spotlight away from this morning’s mixed first quarter GDP report. Despite the GDP reading’s strong internals, the ‘headline’ miss...

28Apr2012 | | Comments Off on (PCE) GDP Headline Weak – Stronger Underneath | Continued

(CBG) CBRE Group Incorporated – Bull of the Day

We have changed our long-term recommendation for CBRE Group, Inc. (CBG) from Neutral to Outperform as we anticipate the stock to perform well above the broader market. CBRE Group reported relatively strong first quarter 2012 results,...

28Apr2012 | | Comments Off on (CBG) CBRE Group Incorporated – Bull of the Day | Continued

(PCE) Ahead of Wall Street – April 27, 2012 – Ahead of Wall Street

Friday, April 27, 2012

The rating downgrade of Spain and a slew of broadly favorable earnings reports will try to grab investors’ attention today, but they are unlikely to take the spotlight away from this morning’s mixed first quarter GDP report. Despite the GDP reading’s strong internals,...

28Apr2012 | | Comments Off on (PCE) Ahead of Wall Street – April 27, 2012 – Ahead of Wall Street | Continued

(F) U.S. GDP Less Than Expected – Europe Better

While we do have some favorable-looking headlines out of Europe this morning, indicating that Greece is making progress in its talks with the private creditors, the focus today will be on the U.S. economy. The headlines on that count are on the weak side.

In its first read on the fourth quarter...

30Jan2012 | | 0 comments | Continued

(JLL) A Silver Lining for the U.S. Office Market in 2012?

According to the latest report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), the U.S. office...

9Jan2012 | | 0 comments | Continued

(YHOO) Dec 22: Jobless Claims Fall to Record Low – Economic Highlights

Today’s heavy economic schedule will likely keep the markets focused on domestic matters. The good start provided by the positive initial Jobless Claims report should help give stocks positive momentum today. The GDP revision was on the weak side, but given the stale nature of the data and the relatively...

24Dec2011 | | 0 comments | Continued

(PCE) U.S. Defense Industry to go on Low Fat Diet?

A nation burdened by $15 trillion of national debt and an unemployment rate of 9% has resorted to bariatric surgery of its budget. The administration is catching up to reduce flab in the budget, and the defense budget seems to stand out. In what is one of the final steps, the Pentagon has submitted...

2Dec2011 | | 0 comments | Continued

(PCE) Stock Market News for October 3, 2011 – Market News

On Friday, markets slipped heavily lower as fresh hints of weakness in the European and domestic economy crippled investor sentiment. However, it was not just Friday’s downtrend that was a matter of concern. With each benchmark losing around 12% for the quarter, this has been the worst quarter since...

3Oct2011 | | 0 comments | Continued

(PCE) Stock Market News for September 30, 2011

On Thursday, the roller-coaster ride of the markets ended with two benchmarks gaining and the other finishing in the red. A rally in the late session helped the blue-chip index beef up its gains, while sentiment got a boost from encouraging economic data and Germany’s approving greater funds for...

2Oct2011 | | 0 comments | Continued

(PCE) Stock Market News for August 3, 2011 – Market News

Incremental concerns about the economy outweighed news of the Senate approving the debt deal, as stocks plunged and posted their longest losing streak in almost three years. Additionally, the S&P 500 hit its lowest point for the year and entered the negative zone.

The Dow Jones Industrial...

3Aug2011 | | 0 comments | Continued

(CBG) CB Richard Ellis Group Completes ING Division Purchase

CB Richard Ellis Group, Inc. (CBG) recently announced that it has acquired ING Clarion Real Estate Securities (CRES) from Netherlands-based ING Groep NV (ING). The acquisition was funded by a combination of cash and borrowings under...

5Jul2011 | | 0 comments | Continued

(BPO) Brookfield Office Properties Eyes Australian Assets

Brookfield Office Properties Inc. (BPO) is all set to acquire two office towers in Melbourne and Perth, respectively, named Southern Cross West and Bank West Tower for a total consideration of approximately $263 million.

The...

29Jun2011 | | 0 comments | Continued

(BPO) Brookfield Office Properties Sells Assets

Brookfield Office Properties Inc. (BPO) recently sold an office tower at 1400 Smith Street in Houston for approximately $340.0 million to Chevron Corp ( CVX )...

28Jun2011 | | 0 comments | Continued

(PCE) First Quarter GDP Revised Up to 1.9%

This is effectively the same post as I put out when the earlier looks at GDP in the first quarter were released. The numbers from the current release are in italics, while those from the second release are in bold while those from the first release and for previous quarters...

24Jun2011 | | 0 comments | Continued

(PCE) Stock Market News for May 31, 2011 – Market News

Investor sentiment was bolstered on Friday, as gas prices eased off and economic data struck a positive note. However, the modest gains ahead of the Memorial Day holiday were not strong enough to prevent a fourth consecutive week of losses for the indices.

The Dow Jones Industrial Average (DJIA)...

31May2011 | | 0 comments | Continued

(PCE) Personal Income and Savings Both Rise 0.4%

In March, Personal Income rose 0.4%, matching from the 0.4% rise in both February and March, but only after the March numbers were revised down from a rise of 0.5%. The increase was in line with the consensus expectation of a 0.4% increase.

Meanwhile, Personal Consumption Expenditures (PCE)...

29May2011 | | 0 comments | Continued

(PCE) Stock Market News for May 27, 2011 – Market News

Weak economic data failed to drag markets lower as investor sentiment was lifted by the technology and retail sectors.  With initial claims surged and the economy expanding at just 1.8%, the employment situation remains a major area of concern amidst a sluggish economy. These concerns had dented...

27May2011 | | 0 comments | Continued

(F) Growth Quality Revised Lower

This is effectively the same post as I put out when the first look at GDP in the first quarter was released last month. The numbers from the current release are in bold while those from the first release and for previous quarters are in normal font. This allows you to see exactly...

27May2011 | | 0 comments | Continued

(CBG) CB Richard Ellis Group Beats Estimates

CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate services company (on the basis of 2010 revenues), has reported first quarter 2011 revenues of $1.2 billion compared with $1.0 billion in the year-earlier...

3May2011 | | 0 comments | Continued

(PCE) U.S. Personal Income and Spending Improve

In March, Personal Income rose 0.5%, up from the 0.4% rise in February, but down from a 1.1% increase in January. The increase was slightly above the consensus expectation of a 0.4% increase. The February number was revised up from 0.3%.

Meanwhile, Personal Consumption Expenditures (PCE) rose...

30Apr2011 | | 0 comments | Continued

(JLL) Jones Lang LaSalle Expands in South Africa

Jones Lang LaSalle Inc. (JLL), one of the largest commercial real estate firms in the world, bought South Africa’s Bradford McCormack & Associates (BMA) for an undisclosed amount.

Jones Lang is already present in several...

3Apr2011 | | 0 comments | Continued

(CBG) CB Richard Ellis Group Publishes Report on Germany’s Commercial RE Market

According to a report published by CB Richard Ellis Group Inc. (CBG), the world’s largest commercial real estate services company (on the basis of 2010 revenues), global real estate investors are increasingly focusing on commercial...

31Mar2011 | | 0 comments | Continued

(PCE) Stock Market News for March 29, 2011 – Market News

Domestic economic data could not support the indices’ upward momentum on Monday as markets snapped back to red in the final minutes, hurt by cautious corporate guidance and geopolitical tensions. Consumer spending edged ahead while inflation soared to hit new highs post June 2009. Investors’ apprehension...

29Mar2011 | | 0 comments | Continued

(PCE) February 2011 U.S. Personal Income and Spending Rose

In February, Personal Income rose 0.3%, down from the 1.2% rise in January and a 0.5% increase in November. The increase was in line with the consensus expectation. Both January and December were revised higher. Previously the increase in December was thought to be 0.4% and for January 1.0%.

However,...

28Mar2011 | | 0 comments | Continued