CenturyLink Inc shares were up 8 percent, AT&T Inc was up 3 percent and Verizon Communication Inc rose 2 percent. "Given the IRS approval, we expect other companies may explore the possibility of spinning off their Wireline assets into a similar structure," Jefferies& Co analysts said.» Read More
NEW YORK— A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. BRT Realty Trust: Approximately 400 shares changed hands, a 93.4 decrease from its 65- day average volume. The shares rose$. 01 or. 1 percent to $7.21.
Vikrant Pandey, Singapore Property Research Analyst at UOB Kay Hian Research, discusses the initial public offering of Frasers Hospitality Trust in Singapore on Monday.
Singapore's real-estate trusts have recovered to around the highest levels since last year's "taper tantrum," but Nomura says the rally may end soon.
June 2- Ventas Inc, one of the largest U.S. healthcare real estate investment trusts, said it would buy American Realty Capital Healthcare Trust Inc in a cash and stock deal valued at about $2.6 billion. Ventas said the deal with ARC Healthcare would add 143 properties, comprising medical office buildings and senior housing communities, to its portfolio.
June 2- American Realty Capital Healthcare Trust Inc, a real estate investment trust focused on acquiring medical office buildings, said it would sell itself to rival Ventas Inc in a stock and cash deal valued at $2.6 billion. ARC Healthcare said Ventas would pay $11.33 per share, a premium of about 14 percent to the stock's Friday close.
May 21- American Realty Capital Properties Inc said it planned to sell nearly all of its shopping centers to Blackstone Group LP for $1.98 billion in cash. The real estate investment trust said proceeds from the sale would be used to fund its purchase of more than 500 Red Lobster restaurants from Golden Gate Capital in a sale-leaseback deal.
NEW YORK, May 16- American Realty Capital Healthcare Trust Inc is in exclusive talks to buy Griffin-American Healthcare REIT II Inc, a deal that could value the healthcare real-estate investment trust at around $3.7 billion, according to people familiar with the matter.
April 29- Winthrop Realty Trust said its trustees adopted a liquidation plan for the company that could fetch at least $13.80 per share. A meeting with shareholders for approval of the plan would be held before August and liquidation will be completed within two years, the Boston- based real estate investment trust said in a statement.
April 28- American Realty Capital Properties Inc, a real estate investment trust, is in talks to buy NorthStar Realty Finance Corp in deal that could value the company at about $6.4 billion, the Financial Times reported. The two companies are discussing an offer price of $20 per share, the FT said, citing sources familiar with the matter.
Home ownership rates in the United States will likely fall to levels last seen in the 1980s, Jeffrey Gundlach says.
Aren't secondary offerings negative for shareholders? Jim Cramer says that’s not always the case.
April 16- CBS Corp said on Wednesday that the Internal Revenue Service gave a favorable ruling to the company's plan to convert its outdoor advertising subsidiary, CBS Outdoor Americas Inc, into a real-estate investment trust. Media conglomerate CBS holds an 81 percent stake in CBS Outdoor, which went public in late March.
April 11- Vornado Realty Trust, the owner of office buildings and retail properties chiefly in New York and Washington, said it would spin off its shopping center business into a publicly traded real estate investment trust. The company also named Jeffrey Olson, currently chief executive of Equity One Inc, as CEO of the to be separated business.
Nicholas Schorsch, American Realty Capital CEO, discusses the health care IPO market and the new health care reit that opened for trading on the Nasdaq today.
The company, which is co-sponsored by NorthStar Asset Management Group Inc and RXR Realty LLC, will be structured as a public, non-traded corporation and intends to qualify as a real estate investment trust. NorthStar Asset Management Group Inc has been created as the successor to NorthStar Realty Finance Corp's asset management business.
Tourist are more savvy than they used to be and demand the best technology, even atop some of the world's tallest buildings.
NEW YORK, March 30- Shares of DDR Corp could rally as the real estate investment trust seeks more potentially profitable tenants at a time when few new strips malls are hitting the market, Barron's said in its March 30 edition published on Sunday.
CNBC.com Enterprise Reporter Lawrence Delevingne talks about how experts see real estate investing ... in 2039.
What will the global real estate market look like in 2039? Senior executives at some of the world's largest investment firms weigh in.
The REIT market barely moved in 2013, explains Gregg Fisher, CIO of Gerstein Fisher. However the REITs are up roughly 10 percent year-to-date, and "investors should diversify globally."
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