Edition:
United States

Ilaina Jonas

Simon Property third-quarter profit beats Wall Street estimate

Oct 25 2013

NEW YORK Simon Property Group Inc reported a better-than-expected third-quarter profit on Friday, raised its forecast for the year and said it was boosting its dividend.

American Realty clinches Cole Real Estate deal for $7 billion

Oct 23 2013

American Realty Capital Properties Inc has reached a deal to buy Cole Real Estate Investments Inc for about $7.2 billion in cash and stock to create the largest U.S. net-leased real estate investment trust (REIT), the companies said on Wednesday.

IPO could value Blackstone's Brixmor at $4.7 billion

Oct 17 2013

NEW YORK Brixmor Property Group Inc, a shopping center company owned by Blackstone Group LP and Blackstone's first property company to become publicly traded could raise more $905.6 million in its intitial public offering and value the company at more than $4.7 billion, according to regulatory filing on Thursday.

Blackstone sees asset sales delivering more cash

Oct 17 2013

Blackstone Group LP , the largest publicly listed alternative asset manager, said on Thursday it had nearly $20 billion (12.3 billion pounds) of its assets in companies that have filed to go public as it seeks to capitalize further on strong capital markets.

Blackstone sees asset sales delivering more cash

Oct 17 2013

Blackstone Group LP , the largest publicly listed alternative asset manager, said on Thursday it had nearly $20 billion of its assets in companies that have filed to go public as it seeks to capitalize further on strong capital markets.

Ivanhoé Cambridge buys 51 percent of News Corp headquarters

Oct 15 2013

NEW YORK Ivanhoé Cambridge, the real estate investment arm of Canadian pension fund Caisse de Dépôt et Placement du Québec, on Tuesday said it acquired a 51 percent stake in the Manhattan skyscraper that serves as News Corp's headquarters for more than $850 million.

UPDATE 1-Ivanhoé Cambridge buys 51 pct of News Corp headquarters

Oct 15 2013

NEW YORK, Oct 15 Ivanhoé Cambridge, the real estate investment arm of Canadian pension fund Caisse de Dépôt et Placement du Québec, on Tuesday said it acquired a 51 percent stake in the Manhattan skyscraper that serves as News Corp's headquarters for more than $850 million.

U.S. still has too many strip malls: report

Oct 02 2013

NEW YORK The average vacancy rate for a U.S. strip mall was unchanged in the third quarter, as the sector still wrestled with the oversupply that closely followed last decade's housing boom, according to a report real estate research firm Reis Inc released on Wednesday.

U.S. still has too many strip malls - report

Oct 02 2013

NEW YORK, Oct 2 The average vacancy rate for a U.S. strip mall was unchanged in the third quarter, as the sector still wrestled with the oversupply that closely followed last decade's housing boom, according to a report real estate research firm Reis Inc released on Wednesday.

Empire State Realty Trust shares rise in market debut

Oct 02 2013

NEW YORK Shares of Empire State Realty Trust Inc , owner of the Empire State Building, rose in their first day of trading on Wednesday as investors bet the marquee property will be able to attract more tenants as New York's technology sector grows.

World News