REIT News Archives

Fitch has affirmed the following floating-rate classes of Marathon Real Estate CDO 2006-1, Ltd. via Earth Times

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“But it better be a good offer.”

The Edge Singapore May 12, 2008 1065 words Corporate: Stamford Land not keen to sell hotels , mulls launching a REIT Nova Theresianto If you think that Stamford Land is on the brink of selling its portfolio of ... via Hotels

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“I envision the hotel as a future city landmark as the entertainment center continues to reinvent itself”

R.D. Olson Development has sold two of its Southern California hotels -- one inspired by Hollywood, the other by Southland beach culture -- to Apple REIT 8 for $80 million. via Hotel Online

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Royal Host Real Estate Investment Trust today announced results for the three months ended March 31, 2008. via Hotels

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“The current uncertainty in global capital markets, has severely limited our ability to raise accretive equity in the short term”

InterRent, which owned 4,007 suites at March 31, up 52 per cent from a year earlier, said first-quarter operating revenue increased to $8.4 million from $4.3 million, and net operating income rose to $3.6 ... via The Globe and Mail

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Helia Ebrahimi, Mail on Sunday 11 May 2008, 1:01pm Shareholders in Whitbread, now including entrepreneur Robert Tchenguiz, are likely to push for the hospitality giant to spin off its pubs business and turn ... via This Is Money

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ALPS Holdings, Inc. and Cohen & Steers today announced the launch of a global real estate exchange-traded fund that offers investors an opportunity to participate in the income streams and diversification ... via Business Wire

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GLEN ALLEN, Va. - Dynex Capital, Inc. announced today that it will release its first quarter 2008 results on Monday, May 12, 2008 before the opening of the market, and have a call with its shareholders at 4:30 ... via Earth Times

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“The property types in the Inland JV were call centers, data centers”

Last August, New York City-based Lexington Realty Trust and Inland Real Estate Trust in Chicago formed a $1.4 billion co-investment program to purchase and manage net-leased properties, including 53 properties ... via GlobeSt.com

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Pacific Office Properties Trust, Inc. , the West Coast office building REIT, announced today that it has completed the acquisition of interests in four office buildings located in San Diego and Phoenix. via Earth Times

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Hotel real estate investment trust Hospitality Properties Trust said Tuesday its first-quarter results edged up nearly 13 percent on higher rental income, narrowly beating Wall Street's expectations. via Canadian Business Magazine

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“However, rising energy costs, which impact many hotel areas, continue to increase rapidly.”

Supertel Hospitality Reports 2008 First Quarter, Substantial Increases in NORFOLK, NE 05/05/08 Supertel Hospitality, Inc. via KXMA-TV Dickinson

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After life insurance and property services, the $4.5-billion Old Mutual is planning to significantly increase its investments in the Indian real estate sector and plans to come up with four new funds that will ... via Business Standard

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“This transaction further enables us to focus our attention and resources on assets and opportunities that will enhance long term Unitholder value. We wish to thank the devoted team at the El Rancho for their commitment and dedication”

Royal Host Real Estate Investment Trust today announced that it has closed on the sale of the 105-room El Rancho Motor Hotel & Convention Centre in Lethbridge, Alberta to a third party for $2.9 million. via Market Wire

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“Since purchase and sale of real estate assets would form part of the activity of REITs, the presence of a large number of REITs can enhance liquidity in the secondary market for commercial real estate”

From correspondents in Delhi, India, 07:30 PM IST An early introduction of real estate investment trusts will attract institutional investors and make the commercial real estate market more transparent, ... via India eNews

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RMR Dividend Capture Fund is a non-diversified, closed-end management investment company whose primary investment objective is to provide high current dividend income to its common shareholders. via PR-inside.com

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The Hines Real Estate Investment Trust has closed on the purchase of Williams Tower, the 64-story Galleria-area office building developed by Gerald Hines in the early 1980s. via Houston Chronicle

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