Diversification

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series A Preferred Stock Cash Dividend

Retrieved on: 
Wednesday, January 11, 2023

Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on its common stock (the "Common Stock") in the amount of $0.01 per share (the "Dividend").

Key Points: 
  • Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., announced that its Board of Directors has authorized and the Company has declared a quarterly cash dividend on its common stock (the "Common Stock") in the amount of $0.01 per share (the "Dividend").
  • The 4th quarter 2022 dividend will be payable in cash on January 27, 2023 to holders of record of the Common Stock as of January 24, 2023.
  • The Board of Directors has also authorized and the Company has declared a dividend for the 4th quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.50 per share (the "Series A Dividend").
  • The Series A Dividend will be payable in cash on January 27, 2023 to holders of record of the Series A Preferred Stock as of January 24, 2023.

Spain Data Center Market Investment/Growth Report 2022-2027: Existing and Upcoming Facilities and Investments in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 6, 2022

It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards.

Key Points: 
  • It elaboratively analyses the existing and upcoming facilities and investments in IT, electrical, mechanical infrastructure, general construction, and tier standards.
  • Spain is one of the leading secondary data center markets in Europe, with Madrid developing into one of the high investment locations.
  • The Spain data center market has the presence of cloud service providers such as AWS, Microsoft, Google, and Oracle.
  • The Spain data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.

Spain Data Center Market Investment/Growth Report 2022-2027: Existing Market Landscape, In-depth Industry Analysis, and Insightful Predictions

Retrieved on: 
Monday, December 12, 2022

DUBLIN, Dec. 12, 2022 /PRNewswire/ -- The "Spain Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 12, 2022 /PRNewswire/ -- The "Spain Data Center Market - Investment Analysis & Growth Opportunities 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • Spain is one of the leading secondary data center markets in Europe, with Madrid developing into one of the high investment locations.
  • The Spain data center market has the presence of cloud service providers such as AWS, Microsoft, Google, and Oracle.
  • A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the Spain data center market size during the forecast period.

Vornado Continues its Leadership in ESG Earning Top GRESB Ratings and Receiving NAREIT’s Leader in the Light Award

Retrieved on: 
Wednesday, November 16, 2022

In GRESB, scored an A for its ESG public reporting.

Key Points: 
  • In GRESB, scored an A for its ESG public reporting.
  • National Association of Real Estate Investment Trusts (NAREIT) respected Leader in the Light Award for sustainability for diversified REITs for the 12th time.
  • NAREITs annualLeader in the Light Awardshonor NAREIT member companies that have demonstrated superior and sustained ESG practices.
  • Risk Factors" in Part I of our Annual Report on Form 10-K for the year ended December 31, 2021.

Heath Consultants Closes Another Large Equipment Sale to Diversified Energy Company PLC

Retrieved on: 
Wednesday, November 16, 2022

HOUSTON, Nov. 16, 2022 /PRNewswire/ -- Heath Consultants Incorporated, a leader in natural gas (methane) detection and technology services for almost 90 years, announced the completion of another large equipment sale to Diversified Energy Company PLC ("Diversified") that will continue to support their efforts in the expansion of its emissions detection capabilities.

Key Points: 
  • HOUSTON, Nov. 16, 2022 /PRNewswire/ -- Heath Consultants Incorporated , a leader in natural gas (methane) detection and technology services for almost 90 years, announced the completion of another large equipment sale to Diversified Energy Company PLC ("Diversified") that will continue to support their efforts in the expansion of its emissions detection capabilities.
  • This most recent sale included a combination of the highly successful RMLD-CS, SEMTECH HI-FLOW 2, EyeCGas 2.0, EyeCSite and GT-44 Series multi-application instrument.
  • Now, three generations later, the company is still owned and operated by the Heath family, and their reputation for quality products has reached Worldwide.
  • Diversified Energy Company PLC is an independent energy company engaged in the production, marketing and transportation of primarily natural gas related to its synergistic US onshore upstream and midstream assets.

Medalist Diversified REIT, Inc. Reports Third Quarter 2022 Results

Retrieved on: 
Wednesday, November 9, 2022

In addition, the Company released supplemental financial information about its first quarter financial results.

Key Points: 
  • In addition, the Company released supplemental financial information about its first quarter financial results.
  • Same Property NOI growth of 4.9% for the nine months ended September 30, 2022, compared to the nine months ended September 30, 2021.
  • Portfolio occupancy rate of 96.5% as of September 30, 2022, compared 93.8% as of September 30, 2021.
  • On October 20, 2022, MDRR paid its third quarter dividend of $0.01 per common share, the sixth consecutive quarter paying a dividend.

Synchrony Promotes New Executive Leaders

Retrieved on: 
Tuesday, October 11, 2022

STAMFORD, Conn., Oct. 11, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer finance company, today announced the promotion of three leaders to its executive leadership team, effective January 1, 2023. Max Axler will become EVP and Chief Credit Officer, Maran Nalluswami will become EVP and CEO Diversified & Value and Lifestyle and Dana Randell will become EVP and Chief Audit Executive.  They will report to Brian Doubles, President and Chief Executive Officer.

Key Points: 
  • Company Announces Succession of Three Executives in Audit, Credit, and Diversified & Value and Lifestyle Platform
    STAMFORD, Conn., Oct. 11, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer finance company, today announced the promotion of three leaders to its executive leadership team, effective January 1, 2023.
  • "Synchrony is benefitting from our deep bench of talent with the promotion of Max, Maran and Dana I'm excited to welcome them to our executive team.
  • "Henry, Mark and Tom were instrumental in the formation of Synchrony and helped to drive our company's growth and innovation.
  • Synchrony (NYSE: SYF ) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites.

Iconic Air Launches First-of-Its-Kind Emissions Tracking Platform to Help the Oil and Gas Industry Decarbonize

Retrieved on: 
Wednesday, October 5, 2022

Funds will be used for hiring top software engineering and carbon talent as well as growing its sales team as Iconic Air continues building out platform capabilities.

Key Points: 
  • Funds will be used for hiring top software engineering and carbon talent as well as growing its sales team as Iconic Air continues building out platform capabilities.
  • View the full release here: https://www.businesswire.com/news/home/20221004006192/en/
    Kyle Gillis and James Carnes founded Iconic Air in 2020 to help the oil and gas industry decarbonize faster and smarter, working in partnership to revolutionize an industry critical to the worlds energy transition.
  • (Photo: Business Wire)
    The Iconic Air Emissions Intelligence platform is introduced as all industries undergo the energy transition, where carbon emissions are measured and tracked with the same importance as dollars and cents.
  • Organizations leveraging Iconic Air are advancing to compute and report emissions data monthly (versus annually with manual, unscalable processes) using Iconic Airs data management and visualization tools.

Medalist Diversified REIT, Inc. Announces Cash Dividend of $0.01 Per Share on Its Common Stock and $0.50 Per Share on Its Series a Preferred Stock Cash Dividend

Retrieved on: 
Tuesday, October 4, 2022

The 3rd quarter of 2022 dividend will be payable in cash on October 20, 2022 to holders of record of the Common Stock as of October 17, 2022.

Key Points: 
  • The 3rd quarter of 2022 dividend will be payable in cash on October 20, 2022 to holders of record of the Common Stock as of October 17, 2022.
  • The Board of Directors has also authorized and the Company has declared a dividend for the 3rd quarter of 2022 on its 8.0% Series A Cumulative Redeemable Preferred Stock (the "Series A Preferred Stock") in the amount of $0.50 per share (the "Series A Dividend").
  • The Series A Dividend will be payable in cash on October 20, 2022 to holders of record of the Series A Preferred Stock as of October 17, 2022.
  • Medalist Diversified REIT Inc. is a Virginia-based real estate investment trust that specializes in acquiring, owning and managing value-add commercial real estate in the Mid-Atlantic and Southeast regions.

Medalist Diversified REIT, Inc. Announces Sale of the Clemson Best Western University Inn

Retrieved on: 
Monday, October 3, 2022

Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that Medalist Diversified Holdings, LP, the operating partnership of the Company, completed a successful sale of the Companys Clemson Best Western University Inn, located in Clemson, South Carolina, to an unaffiliated purchaser on September 29, 2022.

Key Points: 
  • Medalist Diversified REIT (NASDAQ: MDRR) (the "Company" or "Medalist"), a Virginia-based real estate investment trust that specializes in acquiring, owning and managing commercial real estate in the Southeast region of the U.S., today announced that Medalist Diversified Holdings, LP, the operating partnership of the Company, completed a successful sale of the Companys Clemson Best Western University Inn, located in Clemson, South Carolina, to an unaffiliated purchaser on September 29, 2022.
  • After retiring the mortgage payable of $7,750,000 and payment of closing costs, the Company realized approximately $1.8 million in net cash from the sale of the property.
  • Including the release of reserves and escrows held by the lender, the Company generated approximately $3.2 million in unrestricted cash from the transaction.
  • Thomas Messier, CEO and Chairman, said, the sale of the Clemson Best Western University Inn completes our effort to reposition our portfolio.