Real estate investing

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Equinix, Inc. Investors to Inquire About Securities Class Action Investigation – EQIX

Retrieved on: 
Sunday, March 24, 2024
Titan, Hindenburg Research, Real estate investing, News, The Insider, Real estate investment trust, EQIX, Advertising

The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

Key Points: 
  • The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
  • WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=23498 or call Phillip Kim, Esq.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

ERES REIT Declares March 2024 Monthly Distribution

Retrieved on: 
Friday, March 15, 2024
Dividend, Real estate investing, Euro, Trustee, ERES, Class, TSX, Unit, Cryptocurrency

TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the March 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “March Distribution”), being equivalent to €0.12 per Unit annualized.

Key Points: 
  • TORONTO, March 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the March 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “March Distribution”), being equivalent to €0.12 per Unit annualized.
  • The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on March 28, 2024, with payment on April 15, 2024.
  • The final cash distribution in respect of February 2024 was C$0.01470 per Unit and Class B LP Unit.
  • ERES intends to continue to make regular monthly distributions, subject to the discretion of the ERES Board of Trustees.

RioCan Real Estate Investment Trust Schedules First Quarter 2024 Earnings Release, Conference Call and Webcast

Retrieved on: 
Monday, April 1, 2024
Commercial Building & Real Estate, Construction & Property, REIT, Real estate investing, PIN, TSX, Interest

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended March 31, 2024 after the market closes on Tuesday, May 7, 2024.

Key Points: 
  • RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial and operational results for the three months ended March 31, 2024 after the market closes on Tuesday, May 7, 2024.
  • Interested parties are invited to participate in a conference call with management on Wednesday, May 8, 2024 at 10:00 a.m. Eastern time.
  • To access the conference call, click on the following link to register at least ten minutes prior to the scheduled start of the call: Pre-registration link .
  • Access to the simultaneous webcast is available by selecting this link: RioCan Q1 2024 Webcast .

Russell Investments’ Strategists: Soft-landing Still at Risk

Retrieved on: 
Tuesday, March 26, 2024
Banking, Professional Services, Finance, Real estate investment trust, Real estate investing, Overweight, Russell Investments, Uncertainty, Environment, Treasury, News, Trust, Quality, Investment, Optimism, Security (finance)

Russell Investments’ strategists believe soft-landing optimism can deliver more near-term market gains but the risks of a sharper economic slowdown later in the year are elevated.

Key Points: 
  • Russell Investments’ strategists believe soft-landing optimism can deliver more near-term market gains but the risks of a sharper economic slowdown later in the year are elevated.
  • In addition, default rates on credit cards and auto loans are above pre-pandemic levels.
  • In the corporate sector, high-yield default rates are picking up and commercial real estate delinquencies continue to rise.
  • Russell Investments’ key asset-class views at the beginning of Q2 2024 include the following:
    The equity market outlook is constrained by expensive valuation multiples, optimistic industry consensus earnings growth expectations, and overbought sentiment.

Granite REIT Declares Distribution for March 2024

Retrieved on: 
Friday, March 15, 2024
Other Transport, Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Transport, REIT, Manufacturing, Logistics, Supply Chain Management, Other Construction & Property, Granite Real Estate, Trustee, Real estate investing, Treasury regulations, FICC, TSX, CDN, Granite

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of March 2024.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of March 2024.
  • The distribution will be paid by Granite on Monday, April 15, 2024 to stapled unitholders of record at the close of trading on Thursday, March 28, 2024.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of March 28, 2024, pursuant to United States Treasury Regulation Section 1.1446-4.

RioCan Real Estate Investment Trust Announces March 2024 Distribution

Retrieved on: 
Friday, March 15, 2024
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, TSX, Real estate investing

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of March. The distribution will be payable on April 5, 2024, to unitholders of record as at March 28, 2024.

Key Points: 

RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.25 cents per unit for the month of March. The distribution will be payable on April 5, 2024, to unitholders of record as at March 28, 2024.

Grant Cardone To Host The 8th Annual 10X Growth Conference For Thousands Of In-Person Attendees and 104,000+ Virtual Registrants!

Retrieved on: 
Tuesday, March 26, 2024
Conference, Stock, Name, History, Resorts World, Life, Real estate investing, Growth, Marketing, Usher, Video game

Hollywood, Fla., March 26, 2024 /PRNewswire-PRWeb/ -- The 10X Growth conference (Growth Con) is the largest annual business conference in the world hosted by Equity Fund Manager, Real Estate Investor and executive business consultant Grant Cardone. The yearly conference has been widely acclaimed as a "must-attend" - ranking #1 on Forbes' "10 Most Popular Industry Conferences For Agency Professionals (And Why You Should Attend Them)".

Key Points: 
  • On April 2-4, 2024, Grant Cardone will host the 8th annual 10X Growth Conference at The Diplomat Beach Resort in Hollywood, Florida.
  • Mysteriously, according to Cardone, this sold-out event is set to be "the most controversial Growth Conference" in history.
  • Hollywood, Fla., March 26, 2024 /PRNewswire-PRWeb/ -- The 10X Growth conference (Growth Con) is the largest annual business conference in the world hosted by Equity Fund Manager, Real Estate Investor and executive business consultant Grant Cardone.
  • This year's 10X Growth Conference, (Growth Con 8), has already sold out without revealing the name of a single guest speaker for the event.

Yuexiu REIT's Revenue Up by 11.4% for 2023

Retrieved on: 
Thursday, March 7, 2024
Carbon, Certification, RMB, Qiaokou District, China Life Insurance Company, REIT, Watsons, Music, Dongxing Securities, ESG, Hall, Government, Risk, ZTE, China Merchants Bank, Unit, White horse, Overalls, Real estate investing, Policy, Uniqlo, Chong Hing Bank, Hongqi (marque), FleetBoston Financial, Fortune Plaza, Season, Real estate

HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?

Key Points: 
  • HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?
  • -- Operating revenue of the GZIFC complex was RMB1,031 million, accounting for 49.4% of the REIT's total revenue.
  • -- Yuexiu Financial Tower posted an operating revenue of approximately RMB399 million, representing 19.1% of the REIT's total revenue.
  • GZIFC and Yuexiu Financial Tower completed the renewal of Platinum Certification, and Wuhan Yuexiu Fortune Centre obtained the Net Zero Carbon Building Excellence Certification.

Allied to Acquire Ownership Interest in 400 West Georgia and Increase Ownership Interest in 19 Duncan

Retrieved on: 
Monday, March 11, 2024
Thomson Reuters, Mezzanine, Person, Pressure, UDC, TSX, News, Growth, Sale, RBC, Competition Act, LEED, Telus Sky, GLA, Real estate investing, Apple, Commercial property

TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).

Key Points: 
  • TORONTO, March 11, 2024 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today announced that it will acquire an ownership interest in 400 West Georgia Street in Vancouver (“400 West Georgia”) and increase its ownership interest in 19 Duncan Street in Toronto (“19 Duncan”).
  • 400 West Georgia is comprised of 345,034 square feet of office GLA, 5,525 square feet of retail GLA and 163 underground parking stalls.
  • Allied will convert $130.5 million of the Mezzanine Loan to equity in exchange for a 90% undivided interest in 400 West Georgia.
  • Allied expects to complete the transactions in relation to 400 West Georgia and 19 Duncan in early April, subject only to Competition Act approval and customary closing conditions.

EXL Announces Appointment of Thomas Bartlett to Board of Directors and Retirement of Board Member Som Mittal

Retrieved on: 
Thursday, March 7, 2024
Otis Worldwide, ICT, National Association, AI, Business, Business Roundtable, Mittal, American Tower, OTIS, Communication, NAREIT, EXL, Verizon Communications, Real estate investing, Family, Knowledge, Som Mittal, Management

The company also announced that Som Mittal has notified the board that he will not stand for re-election at EXL’s 2024 annual meeting of stockholders and therefore will be retiring from the board in June 2024.

Key Points: 
  • The company also announced that Som Mittal has notified the board that he will not stand for re-election at EXL’s 2024 annual meeting of stockholders and therefore will be retiring from the board in June 2024.
  • “We are excited to welcome Tom to the board,” said Board Chair Vikram Pandit.
  • “On behalf of EXL and its board of directors, I would also like to thank Som for the wisdom and insights he has contributed since joining the board in 2013,” said Pandit.
  • “EXL is well positioned to take advantage of the coming AI economy, and I look forward to following its continued success.”