BOSTON _ Stag Industrial Inc. on Thursday reported a key measure of profitability in its fourth quarter. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share. Six analysts surveyed by Zacks expected $65.5 million.
The real estate investment trust, based in Los Angeles, said it had funds from operations of $15 million, or 23 cents per share, in the period. The average estimate of seven analysts surveyed by Zacks Investment Research was for funds from operations of 23 cents per share. Five analysts surveyed by Zacks expected $33.9 million.
FREEHOLD, N.J. _ Monmouth Real Estate Investment Corp. on Wednesday reported a key measure of profitability in its fiscal first quarter. The real estate investment trust, based in Freehold, New Jersey, said it had funds from operations of $12.9 million, or 19 cents per share, in the period. The company said it had net income of $6.2 million, or 9 cents per share.
Singapore's commercial property outlook may have turned grim, according to forecasts from Colliers.
TORONTO, Sept 23- Investors in Canadian real estate investment trusts say they are looking to niche sectors like industrials, multifamily housing and senior housing, given the group's strong run in 2016 and the longer-term risk of increases in interest rates. "They're a touch more expensive since the start of the year, but they're pretty reasonable versus the...
Singapore's industrial property sector is facing a surge in supply just as manufacturing and trade are slumping.
Singapore's REITs have steadily advanced this year as predictions of higher interest rates went awry, but will yield-chasers stick with the shares?
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.
There is a lot of capital from around the world flowing into real estate and the fundamentals are good, explains Robert Sulentic, CBRE Group president & CEO, sharing his outlook on the nation's real estate market. And Robert Wolf, 32 Advisors CEO, wants to know about the uptick in new construction. Don't expect a dramatic amount of new supply over the next couple of years, says Sulentic.
Nick McGrath, CEO of AIMS AMP Capital Industrial REIT tells CNBC's Cash Flow why he thinks his REIT has outperformed its peers.
Top CEOs from the REIT sector are gathering in Chicago amid a tougher cost environment than they've seen in several years, reports CNBC's Diana Olick.
CNBC's Diana Olick reports the average dividend yield stands at 3.8 percent, and why this has brought REITs higher.
Jeffrey Schwartz, Deputy Chairman at Global Logistic Properties reports a 30.7% rise in Q3 net profits and is optimistic about the company's outlook. He speaks about the company's J-Reit listing in Tokyo.
Fernando DeLeon, CEO of Leon Capital Group, reveals where to find the best real estate opportunities in lending, commercial and residential properties.
David Hoster, CEO of EastGroup Properties, discusses investment opportunities in industrial REITs.
David Hoster, EastGroup Properties president & CEO, discusses investment opportunities in industrial REITs, with Mad Money host, Jim Cramer.
The “Mad Money” host is betting on Weyerhaeuser.