Self storage

Urban Edge Properties Announces Record Leasing Activity for 2022

Retrieved on: 
Tuesday, January 10, 2023

Urban Edge Properties (NYSE: UE) announced today that it achieved record volume for new leases signed during 2022.

Key Points: 
  • Urban Edge Properties (NYSE: UE) announced today that it achieved record volume for new leases signed during 2022.
  • The Company leased over 1 million square feet, up from a previous record of 683,000 square feet, through the execution of 69 new leases.
  • Same-property leased occupancy increased to 95.4% at year-end, a 110 basis point increase compared to December 31, 2021.
  • “We are delighted that Urban Edge achieved record annual leasing volumes during 2022 and has entered 2023 with positive momentum,” said Jeff Olson, Chairman and CEO.

Apartments.com Releases Q4 2022 Growth Report

Retrieved on: 
Tuesday, January 10, 2023

Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations.

Key Points: 
  • Today, Apartments.com – a CoStar Group company – published an in-depth report of multifamily rent growth trends for Q4 2022 backed by analyst observations.
  • With 2023’s national forecast predicting the highest new supply totals since the 1980s, expect vacancy to rise above 7% and rent growth to push much lower.”
    Multifamily conditions continued their stark reversal of fortune in Q4 2022.
  • Palm Beach sits at the helm, with year over year rent growth declining by 29 percentage points from 30.4% a year ago to just 1.7% at the end of 2022.
  • Phoenix and Las Vegas saw rent growth peak above 20% in 2021, yet closed out the year in the red.

Vantage Data Centers Enters London Market With £500 Million Investment

Retrieved on: 
Tuesday, January 10, 2023

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced its entrance into London with the development of a 48MW £500 million campus.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced its entrance into London with the development of a 48MW £500 million campus.
  • View the full release here: https://www.businesswire.com/news/home/20230110005323/en/
    Vantage Data Centers’ LHR1 campus will include 48MW of IT capacity across two facilities.
  • “Vantage has experienced rapid growth over the past three years as we continue developing state-of-the-art data center campuses across EMEA,” said Antoine Boniface, president, EMEA at Vantage Data Centers.
  • “The continuing demand for data centers in London offers a prime opportunity for Vantage Data Centers to make its entrance into the highly-coveted market,” said Tim Kay, deputy director for technology, Department for International Trade in London.

RESPARA, BRENTWOOD'S NEWEST AND MOST EXCLUSIVE COLLECTION OF FOR-LEASE RESIDENCES, CELEBRATES OPENING

Retrieved on: 
Thursday, January 12, 2023

LOS ANGELES, Calif., Jan. 12, 2023 /PRNewswire/ -- Respara, located in Brentwood, one of LA's most distinguished neighborhoods, is officially open and welcoming residents after a highly successful pre-leasing launch this fall. The exclusive collection of residences is comprised of 54 one-, two- and three-bedroom private retreats ranging from approximately 845 to 1,978 square feet and starting at $6,600/month. The high staff to resident ratio at Respara helps to curate the daily art of living while dedicated Resident Ambassadors provide a service-rich environment for residents.

Key Points: 
  • The exclusive collection of residences is comprised of 54 one-, two- and three-bedroom private retreats ranging from approximately 845 to 1,978 square feet and starting at $6,600/month.
  • Following its pre-leasing success, Respara's highly anticipated residential experience now has 42 available homes remaining.
  • A luxurious "Glam Room" for residents to refresh and glam up with professionals before attending events or special occasions.
  • Also available to be used as a special treatment room for resident facials, massages, or IV drip therapy.

U.S. FORECLOSURE ACTIVITY DOUBLES ANNUALLY BUT STILL BELOW PRE-PANDEMIC LEVELS

Retrieved on: 
Thursday, January 12, 2023

IRVINE, Calif., Jan. 12, 2023 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its Year-End 2022 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 324,237 U.S. properties in 2022, up 115 percent from 2021 but down 34 percent from 2019, before the pandemic shook up the market. Foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9 million in 2010.

Key Points: 
  • Foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9 million in 2010.
  • "Unlike foreclosure activity during the Great Recession, the majority of homes in foreclosure are not being repossessed by lenders," Sharga noted.
  • Those metropolitan statistical areas with a population greater than 1 million that saw the greatest number of foreclosure starts in 2022, included New York, New York (15,821 foreclosure starts); Chicago, Illinois (14,360 foreclosure starts); Los Angeles, California (8,185 foreclosure starts); Philadelphia, Pennsylvania (7,286 foreclosure starts); and Miami, Florida (7,090 foreclosure starts).
  • Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter.

EQS-News: Fintech aifinyo AG after strong Q4 with record figures for 2022: gross profit +75%.

Retrieved on: 
Thursday, February 2, 2023

Fintech aifinyo AG after strong Q4 with record figures for 2022: gross profit +75%.

Key Points: 
  • Fintech aifinyo AG after strong Q4 with record figures for 2022: gross profit +75%.
  • Fintech aifinyo AG after strong Q4 with record figures for 2022: gross profit +75%.
  • Preliminary figures: Transaction volume +40.5% to EUR 378 million; EBT above plan at EUR 1.3 million (previous year EUR 0.1 million)
    Berlin, 24 january 2023 – aifinyo AG achieved record figures at all levels in 2022.
  • aifinyo is expected to publish its audited consolidated financial statements for the year 2022 at the beginning of May 2023.

EQS-News: Kapsch TrafficCom closes sale of public transport business in Spain.

Retrieved on: 
Thursday, February 2, 2023

Kapsch TrafficCom closes sale of public transport business in Spain.

Key Points: 
  • Kapsch TrafficCom closes sale of public transport business in Spain.
  • Kapsch TrafficCom closes sale of public transport business in Spain.
  • As already published on August 29, 2022, Kapsch TrafficCom agreed to sell the Spanish public transport business unit, bundled in the group company "Arce Mobility Solutions", to the technology company Kontron.
  • Kapsch TrafficCom is a globally renowned provider of transportation solutions for sustainable mobility with successful projects in more than 50 countries.

ZICIX+CTIP-FII SIGNS CONTRACT WITH IFCI TO DEVELOP $20 MILLION SENIOR CITIZENS RESIDENCE PROJECT IN NEWARK, NEW JERSEY

Retrieved on: 
Tuesday, January 10, 2023

ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.

Key Points: 
  • ZICIX+CTIP-FII assisted IFCI in all these arrangements, including the conditions imposed upon by DEHD to finally transfer the ownership of the property to IFCI.
  • In the contract between IFCI and ZICIX+CTIP-FII, the latter’s role, obligations and responsibilities are defined in the contract, in its role as the Project Developer.
  • In addition, the Project Developer creates and proposes to the Project Owner, the right financial structure for the Project.
  • The contract between IFCI and ZICIX+CTIP-FII includes the option of ZICIX+CTIP-FII to invest into Project by acquiring partial ownership interest into PSRC.

NXP Semiconductors Announces Conference Call to Review Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Tuesday, January 10, 2023

EINDHOVEN, The Netherlands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will release financial results for the fourth quarter and full year 2022 after the close of normal trading on the NASDAQ Global Select Market on Monday, January 30, 2023.

Key Points: 
  • EINDHOVEN, The Netherlands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI) today announced it will release financial results for the fourth quarter and full year 2022 after the close of normal trading on the NASDAQ Global Select Market on Monday, January 30, 2023.
  • The company will host a conference call with the financial community on Tuesday, January 31, 2023 at 8:00 a.m. U.S. Eastern Standard Time (EST).
  • The call will be webcast and can be accessed from the NXP Investor Relations website at www.nxp.com .
  • A replay of the will be available within 24 hours.

Selectis Health Reports Third Quarter 2022 Results

Retrieved on: 
Monday, January 9, 2023

Greenwood Village, Colorado, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") is reporting financial and operating results for the third quarter ended September 30, 2022.

Key Points: 
  • Greenwood Village, Colorado, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Selectis Health, Inc. (OTC: GBCS) ("Selectis" or the "Company") is reporting financial and operating results for the third quarter ended September 30, 2022.
  • Third Quarter 2022 Summary (vs. Year-Ago Quarter) 1
    Revenue increased 31% to $9.6 million compared to $7.3 million.
  • “During the third quarter, we continued to advance our strategic initiatives and meaningfully increase our portfolio-wide patient census,” said Lance Baller, Chairman and CEO of Selectis.
  • Net loss in the third quarter of 2022 was $1.0 million or $(0.33) per share compared to a net loss of $0.06 million or $(0.02) per share in the year-ago quarter.