REIT – Retail
(DDR) Developers Diversified Realty Refinances Senior Revolving Credit Facilities
Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently refinanced two senior revolving credit facilities in two separate transactions to strengthen...
(PPS) Post Properties Announces $150 Million 4.75% Note Offering
Post Properties Inc. (PPS), a leading operator and developer of multifamily properties across the U.S., has recently announced an offer to sell 4.75% senior unsecured notes worth $150 million....
(EQY) Equity One to Acquire Capital & Counties USA Unit
On Sunday, Equity One Inc. (EQY) announced its plan to acquire Capital & Counties USA Inc. in a $600 million transaction through a joint venture (JV) with the parent company, Capital Shopping Centres Group...
(HIW) Highwoods Properties Extends Ties with INC Research
Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently extended its long-term association with INC Research, a therapeutically focused contract research organization, by signing...
(DDR) Developers Diversified Realty Reports Leases Strong
Developers Diversified Realty Corp. (DDR), a leading real estate investment trust (REIT), has recently signed a leasing agreement for 671,278 million square feet of space in Hatillo, Puerto Rico. The lessee...
(SPG) Simon Property Group First Quarter 2010 Earnings Scorecard
Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported fiscal 2010 first quarter recurring FFO (funds from operations) of $1.41 per share that well exceeded the Zacks Consensus...
(KIM) Kimco Realty Forms Joint Venture to Acquire Assets
Kimco Realty Corporation (KIM), a real estate investment trust (REIT), has recently formed a joint venture with BIG Shopping Centers, an Israeli publicly traded company, to acquire high-quality neighborhood...
(RSO) Resource Capital REIT to Issue 7.5 Million Shares
Resource Capital Corp. (RSO), a real estate investment trust (REIT) that invests in commercial real estate debt and other commercial finance assets, has recently announced plans to offer 7.5 million common...
(REG) Regency Centers Corporation Funds From Operations Dips First Quarter
Regency Centers Corp. (REG), a self-administered and self-managed real estate investment trust (REIT), reported FFO (funds from operations) of $48.6 million or 58 cents per share in the first quarter of 2010,...
(KIM) Kimco Realty Corporation’s Quarterly Revenue Soars
Kimco Realty Corp (KIM), a leading real estate investment trust (REIT), reported a 17.3% increase in first quarter 2010 rental revenues compared to the year-earlier quarter. Revenues for the reported quarter...
(VNO) Institute for Supply Management Index Surges
The Institute for Supply Management’s non-manufacturing, or service, sector rose to 55.4 in March, up 2.4 points from February, and was above consensus expectations of a 54.0 reading.
This is the third straight month that the index has been above...
(MAC) The Macerich Company Refinances Property
The Macerich Company (MAC), a leading real estate investment trust (REIT), has recently refinanced South Plains Mall, a 1.2 million square feet shopping mall in Lubbock, Texas. The $105 million refinancing...
(REG) Regency Centers Corporation Buys South Charlotte Asset
Regency Centers Corporation (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., recently purchased Providence Commons Shopping Center, a 191,301 square...
(VNO) Vornado Realty Trust Offers Unsecured Notes
Vornado Realty Trust (VNO), one of the largest real estate investment trusts (REITs) in the U.S., has recently announced an offering of $500 million aggregate principal amount of 4.25% senior unsecured notes...
(REG) Regency Centers Corporation Buys South Charlotte Asset
Regency Centers Corporation (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., recently purchased Providence Commons Shopping Center, a 191,301 square...
(HIW) Highwoods Properties Renews Lease with Krispy Kreme
Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently renewed its lease agreement for 59,000 square feet of space at 370 Knollwood in Winston-Salem, North Carolina, with Krispy...
(SPG) Simon Property Group Bids for General Growth Properties
Ending months of speculation, Simon Property Group Inc. (SPG), the largest publicly traded retail real estate company in North America, recently made an unsolicited $10 billion takeover bid for its bankrupt...
(MAC) Macerich Fourth Quarter Funds From Operations Dips
The Macerich Co. (MAC), a real estate investment trust (REIT) focused on leasing regional and community shopping centers throughout the U.S., reported fourth quarter 2009 FFO (funds from operations) of $92.7...
(TCO) Taubman’s Centers Quarterly Funds From Operations Improves
Taubman Centers, Inc. (TCO), a real estate investment trust (REIT), reported strong fourth quarter 2009 results with FFO (fund from operations) of 56 cents per share compared to an FFO loss of 57 cents in...
(SPG) Simon Property Group Quarterly Funds From Operations Dips
Simon Property Group Inc. (SPG), a leading real estate investment trust (REIT), reported fourth quarter 2009 FFO (funds from operations) of $485.2 million or $1.40 per share, compared to $540.5 million or...
(KIM) Kimco Realty’s Revenue Rises
Kimco Realty Corp. (KIM) reported a 7.5% increase in fourth quarter revenues from rental properties. Revenues for the reported quarter increased to $211.8 million from $196.99 million in the year-ago quarter....
(CLI) Mack-Cali Realty Refinances Loan With Prudential Financial Unit
Mack-Cali Realty Corp. (CLI), a fully integrated real estate investment trust (REIT), has recently refinanced a $150 million secured loan with the Prudential Insurance Company of America, the insurance division...
(HIW) Highwoods Properties Keeps Strong Leasing
Highwoods Properties, Inc. (HIW), a real estate investment trust (REIT), has recently signed a leasing agreement for its 16,000 square feet of industrial space at 412 Gallimore Dairy Road in Greensboro, North...
(DDR) Developers Diversified Realty Updates Guidance for 2009
Developers Diversified Realty Corporation (DDR), a leading real estate investment trust (REIT), recently provided an update on its 2009 accomplishments along with an outlook for 2010. The company expects 2010...
(REG) Regency Centers Corporation Sells Shopping Center
Regency Centers Corporation (REG), a leading operator and developer of grocery-anchored and community shopping centers across the U.S., recently sold a shopping center in Oregon for an undisclosed amount....
(CLI) Mack-Cali Realty Corporation Signs Lease Renewals
Mack-Cali Realty Corp. (CLI), a fully integrated real estate investment trust (REIT), has recently signed lease renewal deals with Integrated Communications Corp., Pace LLC, and Torre Lazur Healthcare Group,...
(REG) Regency Centers – Bear of the Day
We are changing our long-term recommendation for Regency Centers (REG) to Underperform as we anticipate it to perform well below the broader market. The prolonged recession has led to increased tenant bankruptcies,...
(REG) Regency Centers – Bear of the Day
We are changing our long-term recommendation for Regency Centers (REG) to Underperform as we anticipate it to move well below the broader market. The prolonged recession has led to increased tenant bankruptcies,...
(HIW) Highwoods Properties Secures New Credit Facility
Highwoods Properties Inc. (HIW), a leading real estate investment trust (REIT), recently obtained a new $400 million unsecured revolving credit facility from a consortium of 12 banks. The new credit facility...
(REG) Regency Centers Corporation Offers Common Stock
Regency Centers Corporation (REG), a real estate investment trust (REIT) engaged in owning and developing grocery anchored retail shopping centers in the U.S., has recently issued 9.2 million common shares...