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Updated: New industrial park planned for South Valley
A 24-acre industrial park, with a 108,800-square-foot warehouse as its opening phase, is planned by ...
Fitch: U.S. Equity REITs Continue Proactive Liquidity Management
U.S. equity REITs have been active thus far in 2015 in both the credit and equity markets, according to Fitch Ratings' latest REIT Liquidity Update. This has enabled liquidity mana
Pointe Claire vision plan highlights industrial park’s need for new identity
Strategic plan a vision for the next four years: Mayor Morris Trudeau
SPH REIT's net property income up 3.7% to $40.3m in Q2
SPH REIT reported that its net property income grew 3.7% year-on-year to $40.3m in the second quarter, on back of higher rental income in both Paragon and The Clementi Mall. The REIT manager reported that while Paragon achieved rental uplift of 11.6% for new or renewed leases in the first half of the year, The Clementi Mall recorded a negative rental reversion of 8.8% on 2.0% of total net ...
Expect weak reports from hospitality REITs as hotel revenues dwindle
RevPAR fell 7% year-on-year. Hospitality REITs are expected to turn in weak numbers as the reporting season rolls in, fuelled by declines in overall hotel revenues.
Heavy snow causes Bethel roof collapse
There was a partial roof collapse Wednesday at 13 Clarke Industrial Park in Bethel. The collapse occurred in the north end of a 95,000-square-foot building that also houses Sky Zone trampoline center.
REITs: Investing in Real Estate Without Managing It
Most REITs are equity REITs, but a small proportion of them, such as Annaly Capital (NLY), invest in mortgages and mortgage-backed securities.
Whitestone REIT Announces First Quarter 2015 Earnings Release and Conference Call
HOUSTON -- Whitestone REIT ("Whitestone"), announced today that the Company will release financial results for the quarter ended March 31, 2015 after the market closes Tuesday, May 5, 2015.
Keppel REIT's net property income down 12% to $34.6m in Q1
Keppel REIT reported that its net property income declined 12% on a year-on-year basis to $34.6m in the first quarter. The decline was mainly due to the expiry of rental support from its 87.5% interest in Ocean Financial Centre in January 2015, the absence of income contribution from Prudential Tower and the absence of rental support from Marina Bay Financial Centre Phase One. Keppel REIT's ...