REIT - Residential / Commercial

Overview

The REIT - Residential and Commercial industry consists of companies engaged in the securitization of interests related to rights on residential and commercial real estate. The industry excludes: (REITs specializing in hotel properties, classified in Hotels, Motels and Cruise Lines), (REITs specializing in hospitals, classified in Healthcare Facilities), (REITs specializing in timberlands, classified in Forest and Wood Products), (REITs specializing in parking lots and self-storage services, classified in Highways and Railtracks.)

Advans Terafond ADSITS Sofia to Increase Its Share Capital

Advans Terafond ADSITS Sofia announced that the Company will increase its share capital by BGN 66,084,087 from BGN 44,056,058 to BGN 110,140,145 by the issuance of 66,084,087 new Company shares with a nominal value of BGN 1 per share and issuance value of BGN 1.90 per share. The capital increase...

Pennsylvania Real Estate Invest. Trust Completes $65 Million Of Financing

Pennsylvania Real Estate Invest. Trust announced that it has completed a $45 million financing of Christiana Center in Newark, Delaware. The mortgage loan, provided by Citizens Bank of Pennsylvania, has a term of three years with two one-year extension options. The variable interest rate, 185 basis...

CapitalSource Inc. Prices Common Stock Offering

CapitalSource Inc. announced the pricing of an offering of 30,000,000 shares of its common stock at a gross public offering price per share of $11.00. The Company has granted the underwriters a 30-day option to purchase an additional 4,500,000 shares to cover over-allotments, if any. J.P. Morgan...

Mapletree Logistics Trust Plans To Raise SGD606.7 Million In Share Rights-DJ

Dow Jones reported that Mapletree Logistics Trust plans to raise SGD606.7 million in a rights offering to existing unitholders. Proceeds from the rights issue would be used to finance the acquisition of new properties, pay down loans and for general working capital.