REIT

EQS-News: HAMBORNER REIT AG: Annual financial statements confirm successful business performance with revenue and earnings growth in 2023 – dividend proposal of €0.48 per share – AGM on 25 April 2024

Retrieved on: 
Wednesday, April 10, 2024
EPRA, LTV, Uncertainty, Annual report, REIT, Annual general meeting, Policy, NAV, Environment

Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.

Key Points: 
  • Duisburg, 14 March 2024 – HAMBORNER REIT AG today publishes its annual report for 2023 following another successful financial year and is confirming the preliminary figures released on 8 February 2024.
  • Although the 2023 financial year was characterised by a high degree of uncertainty and numerous negative factors, the company successfully continued its business performance, achieving its revenue forecast in full and exceeding its earnings target.
  • The company’s financial position also remained comfortable, with a REIT equity ratio of 55.1% and loan-to-value (LTV) of 43.5%.
  • At an operating level, the company achieved considerable success in its letting activities in the 2023 financial year.

UMH PROPERTIES, INC. PUBLISHES ITS 2023 SUSTAINABILITY REPORT

Retrieved on: 
Friday, April 5, 2024
UMH Properties, ESG, UMH, REIT, Property management

FREEHOLD, NJ, April 05, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2023 Sustainability Report.

Key Points: 
  • FREEHOLD, NJ, April 05, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE:UMH), a real estate investment trust (REIT) specializing in manufactured home communities, announced today that it has published its 2023 Sustainability Report.
  • Aaron Potter, Vice President of ESG, commented, "UMH' sustainability is inherent in its mission of providing quality affordable housing.
  • We are also dedicated to smart and conscious environmental initiatives that create value and enhance the communities where our residents live.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Whitestone REIT Files Definitive Proxy Materials and Mails Letter to Shareholders

Retrieved on: 
Friday, April 5, 2024
Failure, Letter, Growth, WSR, Trustee, Total shareholder return, Cedar Realty Trust, PECO, RMS, Sale, Security (finance), NOI, Morale, REIT, High, Investment, FFO, IVT, Annual general meeting, Management

HOUSTON, April 05, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it has filed its definitive proxy materials with the Securities and Exchange Commission (“SEC”) in connection with its 2024 Annual Meeting of Stockholders scheduled to be held on May 14th, 2024. Shareholders of record as of February 21, 2024, will be entitled to vote at the meeting.

Key Points: 
  • In conjunction with the definitive proxy filing, Whitestone has mailed a letter to the Company’s shareholders.
  • Under our new plan, we have paved the path forward to maximize value for Whitestone shareholders.
  • Voting for each of Whitestone’s nominees on the WHITE proxy card is in the best interests of all shareholders.
  • As previously mentioned, Erez’s mission seems to be to establish Bruce Schanzer’s credibility in the REIT activism arena and use Whitestone REIT as proof-of-concept.

UMH PROPERTIES, INC. HONORED WITH MANUFACTURED HOUSING INSTITUTE’S COMMUNITY OPERATOR OF THE YEAR

Retrieved on: 
Thursday, April 4, 2024
Community, UMH Properties, UMH, REIT

FREEHOLD, NJ, April 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE: UMH) is pleased to announce that on April 4, 2024, UMH was named Manufactured Housing Institute's Community Operator of the Year.

Key Points: 
  • FREEHOLD, NJ, April 04, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE:UMH) (TASE: UMH) is pleased to announce that on April 4, 2024, UMH was named Manufactured Housing Institute's Community Operator of the Year.
  • Samuel A. Landy, President and Chief Executive Officer, commented “UMH is proud to receive this award for a fourth time.
  • We continue to acquire, improve, and expand our communities, which increases access to quality affordable housing in each market that we serve.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Sun Communities, Inc. Releases 2023 ESG Report

Retrieved on: 
Thursday, April 4, 2024
Sun Communities, RV, ESG, SUI, REIT, Social

Southfield, MI, April 04, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (“Sun” or the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), announces the release of its 2023 Environmental, Social and Governance (“ESG”) report.

Key Points: 
  • Southfield, MI, April 04, 2024 (GLOBE NEWSWIRE) -- Sun Communities, Inc. (NYSE: SUI) (“Sun” or the “Company”), a real estate investment trust ("REIT") that owns and operates, or has an interest in manufactured housing ("MH") and recreational vehicle ("RV") communities and marinas (collectively, the "properties"), announces the release of its 2023 Environmental, Social and Governance (“ESG”) report.
  • “It is with a sense of pride that I reflect on our ESG achievements over the past several years, and I am pleased to share our 2023 ESG report with external stakeholders,” said Gary Shiffman, Chairman, President, and Chief Executive Officer.
  • He continued, “Sun’s key ESG achievements in 2023 included completing our methodology to report a complete Scope 1, 2 & 3 greenhouse gas emissions inventory; sustained increases in volunteer hours; increased engagement with investors, and completion of ESG assessments for key suppliers.”

UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT

Retrieved on: 
Wednesday, April 3, 2024
Facility, Annual report, Chase Bank, BMO, UMH Properties, Form 10-K, REIT, UMH, Wells Fargo, JPMorgan Chase

FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings.

Key Points: 
  • FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings.
  • These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

MRC Global Announces Agreement with Engine Capital and Appointment of Daniel Silvers to the Board of Directors

Retrieved on: 
Tuesday, April 2, 2024
International Game Technology, Growth, Biophysical environment, Fortress Investment Group, LLP, Acquisition, MRC, University, Daniel, REIT, Bear, PVF, Universal Health Services, Corporate governance, Management

Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).

Key Points: 
  • Mr. Silvers’ appointment is made in conjunction with a cooperation agreement that the Company has reached with Engine Capital, L.P. (“Engine”).
  • Robert Wood, MRC Global’s Chairman of the Board, said, “We are pleased to welcome Daniel to the Board following continued constructive engagement with Engine and as part of the Board’s ongoing refreshment program.
  • Additionally, Mr. Silvers has served as Executive Chairman of Winventory, Inc., a tech-enabled event ticketing management partner, since January 2024.
  • From 2005 to 2009, Mr. Silvers served as a Vice President at Fortress Investment Group LLC, a leading global alternative asset manager.

UMH PROPERTIES, INC. DECLARES PREFERRED DIVIDEND

Retrieved on: 
Monday, April 1, 2024
UMH Properties, UMH, REIT

Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.

Key Points: 
  • Series D preferred share dividends are cumulative and payable quarterly at an annual rate of $1.59375 per share.
  • UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 135 manufactured home communities containing approximately 25,800 developed homesites.
  • These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

UMH PROPERTIES, INC. ANNOUNCES DIVIDEND INCREASE

Retrieved on: 
Monday, April 1, 2024
Growth, UMH Properties, Sale, UMH, REIT, FFO

The dividend is payable June 17, 2024, to shareholders of record at the close of business on May 15, 2024.

Key Points: 
  • The dividend is payable June 17, 2024, to shareholders of record at the close of business on May 15, 2024.
  • This represents an annual dividend rate of $0.86 per share.
  • Samuel A. Landy, President and Chief Executive Officer, commented, “We are pleased to announce a fourth consecutive annual increase of our common stock dividend.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.

Equinix (EQIX) Falls After Disclosing Internal Investigation and DOJ Subpoena - Hagens Berman

Retrieved on: 
Monday, April 1, 2024
Hindenburg Research, Hindenburg, SAN, The Insider, AI, Person, Real estate investment trust, Bank statement, REIT, EQIX, Machine learning, Hagens Berman, Audit committee

SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Equinix, Inc. (NASDAQ: EQIX) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, April 01, 2024 (GLOBE NEWSWIRE) -- Hagens Berman urges Equinix, Inc. (NASDAQ: EQIX) investors who suffered substantial losses to submit your losses now .
  • Equinix further disclosed that after the release of the report, the company received a subpoena from the U.S. Attorney’s Office for the Northern District of California.
  • “We’re investigating whether Equinix may have inflated key financial metrics to appear more profitable,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • If you invested in Equinix and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now .