95.57 0.00 (0.00%)
After hours: 5:02PM EST
|Bid||95.60 x 800|
|Ask||97.24 x 1000|
|Day's Range||94.06 - 95.61|
|52 Week Range||63.28 - 95.61|
|Beta (5Y Monthly)||1.00|
|PE Ratio (TTM)||34.16|
|Earnings Date||Jan. 21, 2020|
|Forward Dividend & Yield||2.12 (2.25%)|
|Ex-Dividend Date||Dec. 16, 2019|
|1y Target Est||96.27|
Prologis' (PLD) Q4 performance expected to reflect benefits from the company's efforts to leverage on the industrial real estate market's solid fundamentals.
Gladstone's (GOOD) latest buyout in Indianapolis is in line with efforts to boost the company's share to premium industrial buildings in key markets and improve tenant roster with credit-worthy ones.
Prologis' (PLD) $4-billion acquisition of IPT's portfolio buyout will strengthen its presence in strategic markets across the United States.
Black Creek Group, a Denver-based real estate investment manager and development firm with a more than 25-year history, today announced its sponsored investment fund, Industrial Property Trust Inc. (IPT), has closed on the sale of its wholly-owned real estate portfolio to affiliates of Prologis, Inc. (PLD) in a deal valued at approximately $4 billion. “Black Creek has a long history of creating value through our investment solutions and the completion of this transaction is a testament to both our strategy and the strength of the industrial sector,” said Raj Dhanda, chief executive officer, Black Creek Group.
Though Liberty Property (LPT) is well poised to benefit from high demand for industrial real estate space, rising supply might lead to lesser scope for rent and occupancy growth.
Strategic sells offer capital for growth endeavors to Terreno Realty (TRNO). With the latest buyouts in Puyallup and East Rutherford, the company is poised to bank on robust industry fundamentals.
With solid balance-sheet strength, Prologis (PLD) is well poised to grow in 2020 on strategic acquisitions and developments amid high demand for industrial real estate despite rising supply.
Medical Properties (MPW) buyout of a portfolio of 30 acute care hospital facilities will offer strong GAAP returns and higher normalized funds from operations.
Duke Realty (DRE) appears to be a prudent investment pick at the moment as it continues to display robust fundamentals and improving prospects.
Gladstone's (GOOD) latest acquisition is in line with its efforts to boost its share to premium industrial buildings in key markets and improve tenant roster.
Mack-Cali Realty's (CLI) capital redeployment efforts will strengthen its multi-residential and waterfront Class-A office portfolios. Yet, large-scale dispositions are a concern for the company.
Terreno's (TRNO) latest buyout of the Puyallup, WA-based industrial distribution facility, for $6.7 million, is in line with its acquisition-driven growth strategy.
As part of its decision to offload the entire sub-urban office portfolio, Mack-Cali Realty (CLI) will sell two sub-urban office portfolios, totaling 2.4 million square feet of space, for $288.8 million.
Boston Properties' (BXP) 4th and Harrison development project in Central SoMa District to offer premium office space, street-level micro retail, onsite childcare and vast open public areas.
Highwoods' (HIW) asset sales in Memphis comes as part of its market-rotation plan, entailing exit from Greensboro and Memphis markets, and fortifying its portfolio in BBDs of higher-growth markets.
Solid dividend payouts remain the biggest attraction for REIT investors and Vornado (VNO) remains committed to that. Its special dividend results from dispositions and sale of interests in assets.
Healthpeak's (PEAK) latest move to expand its life-science and medical office development pipeline, along with the senior-housing assets purchase option with Oakmont, offers opportunities for growth.