REIT – Diversified
(PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis
Jumping up Zacks Industry Ranks in response to revitalized real estate demand. Sitting just last week at #192 on the Zack’s Industry Rank list, strong recent demand for building materials –and upgrades to earnings estimate revisions that followed– pushed key players...2May2013 | vitalstocks | Comments Off | Continued
(CUZ) Cousins Properties Incorporated Boosts Liquidity
In order to enhance its financial flexibility, Cousins Properties Incorporated (CUZ) infused approximately $165.1 million of capital through a public offering of its common stock. The company’s plans to finance an...2May2013 | vitalstocks | Comments Off | Continued
(PCL) Industry Rank Analysis: Knock on Wood – Zacks Industry Rank Analysis
Jumping up Zacks Industry Ranks in response to revitalized real estate demand. Sitting just last week at #192 on the Zack’s Industry Rank list, strong recent demand for building materials –and upgrades to earnings estimate revisions that followed– pushed key players...27Apr2013 | vitalstocks | Comments Off | Continued
(PCL) Plum Creek Timber Company Stays Neutral
On Apr 11, 2013, we reiterated our long-term recommendation on Plum Creek Timber Company Inc. (PCL), a timber real estate investment trust (REIT), at Neutral. The move reflects the company’s solid operating platform, impressive fourth-quarter...21Apr2013 | vitalstocks | Comments Off | Continued
(DRE) Duke Realty Reaches 52-Week High
Shares of Duke Realty Corporation (DRE) reached a 52-week high of $17.02 at the end of the trading session on Friday, Mar 15, 2013. Notably, this was higher than Duke Realty’s previous 52-week high of $16.65, achieved...2Apr2013 | vitalstocks | Comments Off | Continued
(DRE) Duke Realty Boosts Medical Office Portfolio
Duke Realty Corp.’s (DRE) investment affiliate, Dr Clifton Mob Llc, recently acquired a medical office building in Clifton, Ohio for $10.6 million from Gs Ohio Pob, Llc., according to a Cincinnati...1Jan2013 | Shawn | Comments Off | Continued
(PCL) Real Estate Investment Trust Outlook – Nov. 2012 – Zacks Analyst Interviews
The U.S. Real Estate Investment Trust (REIT) industry had a lackluster third quarter after a relatively strong run in the first half of 2012, with a below-par performance in the months of August and September. However, on a macro aspect, the industry was well on course to steamroll the negative investor...23Nov2012 | vitalstocks | Comments Off | Continued
(PCL) Plum Creek Timber – Bull of the Day
We are changing our recommendation for Plum Creek Timber Co. (PCL) from Neutral to Outperform. Plum Creek is the largest publicly-held timber REIT, with a diversified timber and land base that enables it to benefit from large economies...23Oct2012 | vitalstocks | Comments Off | Continued
(PCL) Plum Creek Timber Company – Bull of the Day
We are changing our recommendation for Plum Creek Timber Co. (PCL) from Neutral to Outperform. Plum Creek is the largest publicly-held timber REIT, with a diversified timber and land base that enables it to benefit from large economies...9Oct2012 | vitalstocks | Comments Off | Continued
(FSP) Franklin Street Properties Leases to Cassidy Turley
A real estate investment trust (REIT), Franklin Street Properties Corp. (FSP), recently announced that it has inked a deal with Cassidy Turley to lease a Class-A office space property, Timberlake Corporate Center....18Jun2012 | vitalstocks | Comments Off | Continued
(DRE) Duke Realty Leases to Novella
Duke Realty Corp. (DRE), a real estate investment trust (REIT), recently signed an agreement with Novella Clinical to lease a property in North Carolina, located at 1700 Perimeter Park Drive in Morrisville. The financial terms of the...20May2012 | vitalstocks | Comments Off | Continued
(NNN) National Retail Properties Issues Public Offering
National Retail Properties Inc. (NNN) recently issued a public offering of 7 million shares at a price of $25.75 per share. As part of the offering, the company will...1Dec2011 | vitalstocks | 0 comments | Continued
(CUZ) Cousins Properties Completes Promenade Acquisition
As part of the long-term strategy to upgrade its overall portfolio with newer high-quality assets, Cousins Properties Inc. (CUZ), a Georgia-based real estate investment trust (REIT), has recently completed the acquisition of Promenade...30Nov2011 | vitalstocks | 0 comments | Continued
(DRE) Duke Realty Second Quarter 2011 Earnings Scorecard
Duke Realty Corp (DRE) reported second quarter 2011 FFO (fund from operations) of $75.7 million or 29 cents per share, up from $40.7 million or 17 cents per share delivered in the year-ago quarter. Fund from operations,...9Aug2011 | vitalstocks | 0 comments | Continued
(EXL) Excel Trust Sells Assets
Excel Trust, Inc. (EXL), a real estate investment trust (REIT) primarily focusing on retail assets, has recently sold six ‘triple-net’ leased assets for $39.6 million, generating a net profit of approximately $3.0 million. A ‘triple...11Jul2011 | vitalstocks | 0 comments | Continued
(FUR) Terreno Realty on Acquisition Spree
Terreno Realty Corporation (TRNO), a real estate investment trust (REIT), has recently acquired an industrial building each in Carlstadt, New Jersey, and Miami, Florida, for a combined purchase price of $11.7 million. Such continuous...5Jul2011 | vitalstocks | 0 comments | Continued
(FUR) Terreno Realty Purchases Savage, Maryland Property
Terreno Realty Corporation (TRNO), a real estate investment trust (REIT), has recently acquired an industrial building in Savage, Maryland, for approximately $7.5 million. The acquisition is part of the long-term strategy of the company...5Jul2011 | vitalstocks | 0 comments | Continued
(EXL) Excel Trust Completes Share Offering
Excel Trust, Inc. (EXL) recently completed the public offering of 12.5 million shares of its common stock, which was previously announced. Apart from this, it also completed the sale of 1.875 million additional shares of its common...3Jul2011 | vitalstocks | 0 comments | Continued
(PCL) U.S. New Home Sales Rise in June
New Home Sales rose 23.6% in June from May to a seasonally adjusted annual rate of 330,000. However, the May total was revised down sharply from a rate of 300,000 to 267,000. Thus, relative to where we thought we were, the increase was more like 10%. Relative to a year ago, sales were down...27Jul2010 | vitalstocks | 0 comments | Continued
(PCL) Plum Creek Timber 2010 First Quarter Earnings Scorecard
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fiscal 2010 first quarter recurring earnings of 47 cents per share that exceeded the Zacks Consensus Estimate...24May2010 | vitalstocks | 0 comments | Continued
(PCL) U.S. Existing Home Sales Rise in March
Existing Home Sales rose 6.8% in March to a seasonally adjusted annual rate of 5.35 million. That rate is 16.1% higher than the 4.61 million rate of a year ago. The number was slightly better than the consensus expectations of a 5.29 million annual rate. Existing homes sales are recorded at...22Apr2010 | vitalstocks | 0 comments | Continued
(DRE) Duke Realty Sells Assets to Joint Venture
Duke Realty Corp. (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S., recently sold three office buildings in Perimeter Park in Morrisville,...18Apr2010 | vitalstocks | 0 comments | Continued
(PCL) Plum Creek Timber Company – Analyst Estimates Continue Inching Higher
Plum Creek Timber Co. (PCL) has a Zacks #2 Rank. Its stock trades at 28.6x 2010 consensus EPS estimates and 26.1x 2011 consensus EPS estimates. Growth and Income Analysts estimate that Plum Creek...13Apr2010 | vitalstocks | 0 comments | Continued
(DRE) Duke Realty Corporation Offers 6.75% Senior Notes
Duke Realty Corp. (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S., recently announced an offering of $250 million aggregate principal...29Mar2010 | vitalstocks | 0 comments | Continued
(PCL) Timberland Stocks: Why It’s Time to Knock on Wood for Profits
If you’re not following the money into timberland stocks, you should. Here’s why… Timberland has outperformed the S&P 500 since 1910. In recent history, timber has outperformed the market significantly. Since 1987, the NCREIF Timberland Index climbed by an average...12Mar2010 | InvestmentU | 0 comments | Continued
(CUZ) Cousins Properties’ Funds From Operations Plummets
Cousins Properties Inc. (CUZ), a real estate investment trust (REIT), reported dismal fourth quarter 2009 results, with FFO (fund from operations) of $7.3 million or 7 cents per share, compared to $10.2 million or 20 cents per share...9Feb2010 | vitalstocks | 0 comments | Continued
(PCL) Plum Creek Timber Company Beats Marginally
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported fourth quarter earnings of $28 million or 17 cents per share, compared to $95 million or 57 cents per share...2Feb2010 | vitalstocks | 0 comments | Continued
(DRE) Duke Realty Corporation Fourth Quarter FFO Declines
Duke Realty Corp. (DRE), a real estate investment trust (REIT), reported FFO (fund from operations) of 33 cents and 4 cents per share in the fourth quarter and for full fiscal 2009, respectively, compared to 70 cents and $2.51 in...28Jan2010 | vitalstocks | 0 comments | Continued
(DRE) Duke Realty Corporation Renews Credit Facility
Duke Realty Corporation (DRE), a real estate investment trust (REIT) engaged in owning, managing and developing industrial, health care and office properties across the U.S, has recently renewed its unsecured revolving credit facility...23Nov2009 | vitalstocks | 0 comments | Continued
(PCL) Plum Creek Timber Company Beats Estimates
Plum Creek Timber Co. Inc. (PCL), a real estate investment trust (REIT) owning and managing timberlands in the U.S., reported third quarter earnings of $19 million or 12 cents per share, compared to $69 million or 40 cents per share...27Oct2009 | vitalstocks | 0 comments | Continued