Dividend Yield
REITWeek Report: Brookfield Details 15 MSF Pipeline
Also in the works is an estimated $200 million to $300 million upgrade of the retail portion of the World Financial Center, Brookfield’s massive office and retail complex near the World Trade Center in Downtown Manhattan.
REITWeek Report: Inside the Industry’s Biggest M&As
Veteran leaders revealed what makes real estate mergers work.
REITWeek Report: Blair Says Now is the Right Time to Retire
Bryce Blair will continue to serve as chairman of the board for AvalonBay Communities Inc. through 2012, but is stepping down as CEO.
Economic Recovery? Still a Ways Away, Roubini Warns
Is the economy recovering? Maybe. But Nouriel Roubini thinks we still have a ways to go.
Change in the Air as REITWeek Approaches
With NAREIT’s investor’s forum on tap, several firms are making major announcements — including the departure of AvalonBay Communities Inc.’s Bryce Blair.
ProLogis, AMB Complete Merger
The combined entity is ProLogis Inc. and boasts a 600 million-square-foot global portfolio of industrial assets under management valued at $46 billion.
TNP Strategic Acquires Pinehurst Square East
The 114,292-square-foot retail center was built in 2005 and is located in Bismarck, North Dakota.
STORE Capital Launches as New Private REIT
The firm was formed to invest in single-tenant properties including chain restaurants, supermarkets, drugstores and other retail, service and distribution facilities.
Simon to Open First Premium Outlet Center in Canada
Simon Property Group Inc.’s Premium Outlets division is in growth mode, and the company has Canada in its sights. A letter of intent with Calloway Real Estate Investment Trust to develop a property in suburban Toronto paves the way for entrée into Canada.
Investors Ink Major Hotel Deals in L.A., Chicago
Deep-pocketed investors are returning to hotels as an investment vehicle, with two more big properties changing hands recently in major U.S. markets.