REIT News

SUNWAY City Bhd plans to construct new buildings over the next few years, that will later be injected into its RM4 billion real estate investment trust .

Vornado Realty Trust , the third- biggest U.S. real estate investment trust by market value, is trying to raise $1 billion to invest in real estate assets, according to a person with knowledge of the fundraising.

Office landlord Vornado Realty Trust is hoping to launch its own private equity fund to buy bargain-basement properties, according to a report published Tuesday.

Weyerhaeuser Co., which has been hemorrhaging cash because of the moribund U.S. housing market, said Tuesday it is cutting its quarterly dividend again, this time by 80 percent.

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With its stock trading below $3 a share in March and credit markets frozen, Brandywine Realty Trust needed to prove that it is a survivor.

APARTMENTS: A joint venture of Behringer Harvard Multifamily REIT I and Dutch pension fund PGGM has acquired The Verandah at Meyerland.

Is this what you get from the best and the brightest on Wall Street? On Tuesday, June 30, 2009, a day that should live in financial infamy, investment manager MacroMarkets launched two ETFs designed to track housing values.

Entertainment Properties Trust today announced the closing of an amended and restated $215 million revolving credit facility to replace the existing revolving credit facility that was set to mature in January 2010.

The offer was more than two times over-subscribed, as 24,286,056 dividend rights were tendered to the company.

Japan's 40 real estate investment trusts are slowly and painfully recovering from their worst experience since they were introduced in 2001.

Specializing in the acquisition, development, and management of neighborhood and community shopping centers, Kimco Realty Corp.

If anyone had told us a year ago that Fitch would at least attempt to be a voice of reason, while Merrill Lynch, which has gotten destroyed on real estate, would be a CRE permabull, we would have punched them in the face.

The weather in June was cool and rainy in the New York region, and something similar prevailed over the capital and commodity markets last month as well.

Sun Communities, Inc. , a real estate investment trust that owns and operates manufactured housing communities, today announced its Board of Directors declared a quarterly dividend of $0.63 per share for the second quarter of 2009.

Malaysian property trusts and government-linked companies including Sime Darby Bhd.

Behringer Harvard announced today its acquisition of The Verandah at Meyerland, a multifamily community consisting of two multistory residential buildings providing a total of 301 luxury apartments at 4620 N. Braeswood Boulevard in Houston's Braeswood/Bellaire submarket.

HRPT Properties Trust today announced the appointment of Jan S. Yokota as Vice President, Pacific Region effective July 15, 2009.

Manhattana s office market may begin to recover in the next year as financial industry job losses abate and company executives confidence, SL Green Realty Corp.

My most recent post on mall REITs got me thinking about Sears Holdings , a company that I disparaged a few weeks ago in a post called, " Unsuccessful Profits ." More particularly, my chart on REIT valuation based on square footage owned made me wonder.