REIT – Industrial

(PSA) Public Storage Soars to New 52-Week High

Shares of Public Storage (PSA), a leading real estate investment trust (REIT) operating self-storage facilities, touched a 52-week high of $158.55 on Wednesday, Apr 10, 2013, as it gained momentum from better-than-expected fourth-quarter...

18Apr2013 | | Comments Off on (PSA) Public Storage Soars to New 52-Week High | Continued

(PLD) Prologis Soars to a New 52-Week High

Shares of Prologis Inc. (PLD), a San Francisco-based industrial real estate investment trust (REIT), touched a 52-week high of $41.19 on Thursday, Apr 11, 2013, as it gained momentum following the disclosure of noteworthy deals and...

18Apr2013 | | Comments Off on (PLD) Prologis Soars to a New 52-Week High | Continued

(PLD) Prologis Inks Deal with SpeedFC

San Francisco-based industrial real estate investment trust (REIT), Prologis Inc. (PLD), recently penned a new build-to-suit agreement with end-to-end e-Commerce service provider – SpeedFC, a subsidiary of Navarre Corp....

18Apr2013 | | Comments Off on (PLD) Prologis Inks Deal with SpeedFC | Continued

(DLR) Digital Realty Trust Expands in Australia

In order to expand its Australian footprints, Digital Realty Trust Inc. (DLR) recently acquired an established data center in Macquarie Park, New South Wales for AU$11.75 million. The inclusion of this high-quality...

16Jan2013 | | Comments Off on (DLR) Digital Realty Trust Expands in Australia | Continued

(PSA) Public Storage – Growth & Income

Public Storage (PSA) increased its dividend in the first half of 2012, and currently pays a regular quarterly dividend that yields 3.0% annually. This Zacks #2 Rank (Buy) REIT had a solid third-quarter performance in November that has helped...

8Jan2013 | | Comments Off on (PSA) Public Storage – Growth & Income | Continued

(ARE) Alexandria Real Estate Equities Pens New Lease Deals

Pasadena, California-based real estate investment trust (REIT), Alexandria Real Estate Equities, Inc. (ARE), recently entered into long-term agreements with four prestigious companies. The agreements are intended to...

23Oct2012 | | Comments Off on (ARE) Alexandria Real Estate Equities Pens New Lease Deals | Continued

(SSS) Sovran Self Storage Acquires Assets

Sovran Self Storage, Inc. (SSS), a real estate investment trust (REIT), has recently acquired nine self storage facilities for $54.7 million. The transaction was funded through the proceeds from the company’s equity...

9Oct2012 | | Comments Off on (SSS) Sovran Self Storage Acquires Assets | Continued

(DLR) Digital Realty Trust Reopens Renovated Facility

Digital Realty Trust Inc. (DLR), a niche real estate investment trust (REIT), has recently unveiled its renovated data center facility at 210 N. Tucker in downtown St. Louis. The $30 million renovation program was part of a larger...

9Oct2012 | | Comments Off on (DLR) Digital Realty Trust Reopens Renovated Facility | Continued

(DLR) Digital Realty Trust to Offer Notes

Digital Realty Trust, L.P. – the operating partnership entity of Digital  Realty Trust, Inc. (DLR), a real estate investment trust (REIT), has recently priced an underwritten public offering of 3.625% senior unsecured...

9Oct2012 | | Comments Off on (DLR) Digital Realty Trust to Offer Notes | Continued

(DCT) DCT Industrial to Offer Shares

DCT Industrial Trust Inc. (DCT), a real estate investment trust (REIT), has recently announced its decision to offer 16.5 million shares to enhance its liquidity. The company has also decided to grant the underwriters a 30-day option...

18Sep2012 | | Comments Off on (DCT) DCT Industrial to Offer Shares | Continued

(DCT) DCT Industrial Trust Industrial Leases in Miami

DCT Industrial Trust Inc. (DCT), a real estate investment trust (REIT), recently pre-leased  150,000 square feet in Building A of its development project  named DCT Commerce Center at Pan American West in Miami. The lease was signed...

31Aug2012 | | Comments Off on (DCT) DCT Industrial Trust Industrial Leases in Miami | Continued

(SSS) Sovran Self Storage Divests Assets

Sovran Self Storage, Inc. (SSS), a real estate investment trust (REIT), has recently divested a 12-property portfolio to World Class Capital Group, LLC, for $35.5 million. The proceeds were utilized to reduce the outstanding balance on Sovran’s line...

26Aug2012 | | Comments Off on (SSS) Sovran Self Storage Divests Assets | Continued

(ARE) Alexandria Real Estate Equities Sees New Lease Agreements

Alexandria Real Estate Equities, Inc. (ARE), a real estate investment trust (REIT), recently entered into long-term agreements with six prestigious life science and technologies companies, to lease a total of 187,000...

10Jun2012 | | Comments Off on (ARE) Alexandria Real Estate Equities Sees New Lease Agreements | Continued

(PSA) REIT Industry Review and Stock Picks – April 2012 – Industry Outlook

With sustained yet slow improvements in the economy, the U.S. Real Estate Investment Trust (REIT) industry outperformed the broader equity market in fiscal 2011. The FTSE NAREIT All Equity REIT Index reported total returns of 8.28% for full year 2011 vs. a 2.11% and (1.80%) for the S&P 500 Index...

20Apr2012 | | Comments Off on (PSA) REIT Industry Review and Stock Picks – April 2012 – Industry Outlook | Continued

(PLD) The Going Gets Tough for Programmable Logic Devices This Christmas

Programmable Logic Devices (PLD) maker Altera Corporation (ALTR) recently slashed its revenue guidance for the fourth quarter of 2011.

Altera now expects revenues in the fourth quarter to decline by 13% to 16% on a sequential...

15Dec2011 | | 0 comments | Continued

(PLD) Prologis Fully Leases Phoenix Property

Prologis Inc. (PLD), a leading industrial real estate investment trust (REIT), has recently fully leased ‘Prologis Tolleson Distribution Center 1’ – a 302,600 square foot warehouse property in Tolleson, Arizona, to an unnamed...

30Nov2011 | | 0 comments | Continued

(PLD) Prologis Leases in the Netherlands

Prologis Inc. (PLD), a leading industrial real estate investment trust (REIT), has recently signed a lease agreement spanning 540,000 square feet of its development portfolio in the Netherlands with Syncreon, a worldwide logistics...

30Nov2011 | | 0 comments | Continued

(PSA) Public Storage Beats Earnings Forecasts Handsomely

Public Storage (PSA), a leading real estate investment trust (REIT) operating self-storage facilities, reported third quarter 2011 FFO (funds from operations) of $1.29 per share, compared with $1.69 in the year-earlier quarter. Fund...

7Nov2011 | | 0 comments | Continued

(FR) Fitch Upgrades First Industrial Realty Trust Credit Rating

Fitch Ratings, the global credit rating firm, has recently upgraded the credit rating of First Industrial Realty Trust, Inc. (FR), a real estate investment trust (REIT), based on its improved long-term credit profile and strong liquidity....

27Jun2011 | | 0 comments | Continued

(PLD) Prologis Prices Equity Offer

Prologis Inc. (PLD) – the erstwhile AMB Property Corp., has priced its equity offer of 30.0 million common shares at $33.50 each. The secondary offering was announced recently as part of its strategic initiative to raise cash and...

24Jun2011 | | 0 comments | Continued

(PLD) Secondary Offering from Prologis

Prologis Inc. (PLD) – the erstwhile AMB Property Corp., has recently announced plans to offer 30.0 million common shares to raise cash and repay debt. The company will also grant the underwriters an option to purchase an additional...

23Jun2011 | | 0 comments | Continued

(PLD) Prologis Analyst Downgrades to Underperform

We have recently lowered our long-term recommendation on Prologis Inc. (PLD) – the erstwhile AMB Property Corp., from Neutral to Underperform primarily driven by macroeconomic issues that have contributed to a slower pace of recovery...

20Jun2011 | | 0 comments | Continued

(PSA) Public Storage Quarterly Report Misses Estimates

Public Storage (PSA), a leading real estate investment trust (REIT) operating self-storage facilities, reported first quarter 2011 FFO (funds from operations) of $1.48 per share, compared with $0.78 in the year-earlier quarter. Fund...

9May2011 | | 0 comments | Continued

(AMB) AMB Property Leases Build-to-Suit Property

AMB Property Corp. (AMB), a real estate investment trust (REIT), has recently leased about 219,600 square feet of space in its build-to-suit property in Chengdu in western China, for an undisclosed amount. The lessee was Deppon Express...

13Apr2011 | | 0 comments | Continued

(PLD) ProLogis Rejects Bid for ProLogis European Properties

ProLogis (PLD), one of the leading global providers of distribution facilities rejected a bid for a 33.1% ownership stake in ProLogis European Properties (PEPR) by investor group APG Algemene Pensioen Groep N.V. (APG) and Goodman Group...

13Apr2011 | | 0 comments | Continued

(PSA) Public Storage Quarterly Report Beats Estimates

Public Storage (PSA), a top real estate investment trust (REIT) operating self-storage facilities, reported fourth quarter 2010 FFO (funds from operations) of $1.33 per share, compared with $1.27 in the year-earlier quarter. Fund from...

3Mar2011 | | 0 comments | Continued

(SSS) Restaurant Industry Stock Review – January 2011 – Industry Outlook

The restaurant industry finally appears well positioned for gradual improvement in the first half of 2011. The industry had been depressed by extremely tough challenges since the end of 2009 from the economic turmoil that resulted in weak labor and tight credit markets, resulting in lower discretionary...

11Jan2011 | | 0 comments | Continued

(SSS) Restaurant Industry Review – August 2010 – Industry Outlook

The second half of 2010 should continue to bring gradual improvements to restaurant industry fundamentals. The industry faced extremely tough challenges through the end of 2009 due to the economic turmoil that resulted in weak labor and tight credit markets, resulting in lower discretionary spending.

Riding...

5Aug2010 | | 0 comments | Continued

(AMB) AMB Property Corporation – Bear of the Day

We are changing our long-term recommendation for AMB Property (AMB) to Underperform from Neutral as we anticipate the stock to perform well below the broader market. Fiscal 2010 earnings estimates were reduced by 11 out of 13 analysts...

4Aug2010 | | 0 comments | Continued

(PLD) ProLogis Signs Leasing Deals

ProLogis (PLD), a leading global provider of distribution facilities, has recently signed two new leasing agreements spanning about 723,000 square feet of its development portfolio in Europe.

About 530,000 square feet of space...

6Jul2010 | | 0 comments | Continued