REITs - Commercial
Eastgroup Properties Inc raises FY 2014 FFO guidance; gives Q2 2014 FFO guidance in line with analysts' estimates
Eastgroup Properties Inc:Expects FY 2014 FFO per share to be in the range of $3.39 to $3.49.Expects FY 2014 diluted EPS to be in the range of $1.20 to $1.30.Expects Q2 2014 FFO per share to be in the range of $0.83 to $0.85.Expects Q2 2014 diluted EPS to be in the range of $0.28 to $0.30.FY 2014 FFO...
Klepierre SA:Completes disposal of portfolio of Carrefour-anchored retail galleries located in France, Spain and Italy, to consortium led by Carrefour and capitalized by institutional investors.Portfolio consists of 126 retail galleries initially acquired from Carrefour, including 56 assets in...
Dexus Funds Management Limited:DEXUS OfficeTrust Australia (bidder) announces compulsory acquisition was completed.Says DEXUS OfficeTrust Australia holds 100 pct of the units in Commonwealth Property Office Fund (CPA).
Growthpoint Properties Ltd:Concluded agreements to acquire 64,045,367 Acucap linked units at a switch ratio of 1:900 Growthpoint ordinary shares for each Acucap linked unit.63,036,096 Sycom participatory units at a switch ratio of 1:102 Growthpoint ordinary shares for each Sycom participatory unit.
Westfield Retail Trust:Says it releases its Securityholder Booklet in relation to the proposal to merge with Westfield Group’s Australian and New Zealand business to form a new entity, Scentre Group (Proposal).Securityholder Booklet includes an Independent Expert’s Report (IER) from KPMG Financial...
Vornado Realty Trust:Approved a plan to spin off its shopping center business consisting of 81 strip shopping centers and four malls into a new publicly traded REIT.Says the strip shopping centers are primarily located in the densely populated Northeast.
Boston Properties Inc:Signs lease with salesforce.com for 714,000 square feet at the new Salesforce Tower, in San Francisco, CA.With the execution of the lease, Boston Properties and salesforce.com have agreed to rename the building Salesforce Tower.Committed to construct the building and expects to...
Top Reit Inc:Says Moody's has canceled rating on the company at "Baa1" with rating outlook negative.
Fukuoka REIT Corp:Appoints Etsuo Matsuyuki as new executive officer to replace Masayasu Saki, effective May 28.
Prime Office AG:Anticipates increase of pro forma FFO from 41.9 million euros in FY 2013 to between 44 and 46 million euros in FY 2014.This is due to reduction of debts and resulting improvement of financial result, portfolio refinancing and resulting attractive financing structure, as well as...
Mergers & Acquisitions
- Dexus Property Group completes compulsory acquisition
- Growthpoint Properties Australia completes acquisition of 99-103 William Angliss Drive
- Parkway Properties announces acquisition of One Orlando Center
- WPT Industrial Real Estate Investment Trust announces proposed acquisition of $45.4 mln industrial property
- Mack-Cali Realty Corp acquires 220-unit multi-family residential community in Andover, Massachusetts
- Westfield Retail proposes to merge with Westfield Group to form new entity
- Parkway Properties announces acquisition of courvoisier centre in miami
- Japan Retail Fund Investment to acquire interest in property
- Growthpoint Properties Australia acquires modern industrial property
- First Potomac Realty Trust acquires 1401 K Street For $58 mln
Restructuring & Reorganization
- Societe Fonciere Lyonnaise announces reorganization of operational division
- CapitaMall Trust announces voluntary winding-up of Capitaretail Singapore Limited
- Starhill Global Real Estate Investment Trust Announces Members’ Voluntary Liquidation Of Dormant Subsidiary
- Bimini Capital Management Inc Announces Termination Of Agreement And Plan Of Reorganization Among Wholly Owned Subsidiaries
- InnVest Real Estate Investment Trust Announces Completion Of Internal Reorganization
Expansion & New Markets
- Societe Centrale des Bois et des Scieries de la Manche SA Opens Nimes Site; Starts Work on Cap Roussillon in Rivesaltes
- Cache Logistics Trust Announces Incorporation Of Wholly-owned Subsidiaries
- Suntec Real Estate Investment Trust Announces Incorporation Of Wholly-owned Subsidiary
- Frasers Commercial Trust Announces Incorporation Of Subsidiary
- Lippo Malls Indonesia Retail Trust Announces Incorporation Of Wholly-Owned Subsidiaries
- Sabana Shariah Compliant REIT Incorporates Sabana Sukuk Pte. Ltd.
- Bleecker SA Signs Memorandum of Understanding for New Office Block
- Klepierre SA Announces Opening of Emporia in Malmo
No related earnings announcements are currently scheduled within the next 7 days.
Provider: Valuation & Research Specialists
Provider: Valuation & Research Specialists
Provider: CIBC World Markets
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