Coverage Initiated on Select Office REIT's Equities
ACCESSWIRE - Tue Jul 12, 8:21AM CDT
LONDON, UK / ACCESSWIRE / July 12, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the REIT - Office industry. Companies recently under review include New York REIT, Liberty Property Trust, Liberty Property Trust, and Kilroy Realty. See our complete notes on New York REIT at:
KRC: 70.09 (+1.29), LPT: 40.38 (+0.04), CLI: 28.06 (+0.04), NYRT: 9.46 (+0.02)
Prologis (PLD) Completes 16 Build-to-Suit Projects in 1H
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 4:53PM CDT
Prologis Inc. (PLD) build-to-suit activity remains solid this year with the company completing 16 build-to-suit development projects in the first half.
BXP: 135.97 (+1.44), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04), PLD: 50.09 (+0.18)
Boston Properties Completes Colorado Center Stake Buyout
Zacks Equity Research - Zacks Investment Research - Thu Jul 07, 9:26AM CDT
Boston Properties Inc. (BXP) has completed the acquisition of 49.8% stake in the Colorado Center in Santa Monica, CA. The move marked the company's foray into the Westside Los Angeles market.
DCT: 48.04 (-0.15), BXP: 135.97 (+1.44), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04)
Gramercy (GPT) Reveals British Pound Exposure amid Brexit
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 11:24AM CDT
As majority of Britons voted in favor of leaving the European Union, real estate investment trust (REIT), Gramercy Property Trust (GPT), revealed its direct exposure to the British pound.
DCT: 48.04 (-0.15), PSB: 109.66 (+0.14), GPT: 9.75 (+0.01), CLI: 28.06 (+0.04)
Why REITs Are Preferred Investments Right Now
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 3:39PM CDT
Why REITs Are Preferred Investments Right Now
MPW: 15.14 (-0.09), IVR: 13.95 (+0.11), ROIC: 22.30 (-0.28), AHH: 14.14 (-0.16), APLE: 19.56 (+0.07), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04), COR: 87.38 (-0.73), WSR: 15.86 (-0.01), UE: 29.63 (-0.39), ELS: 79.91 (-0.51), EDR: 46.60 (-0.13), CTRE: 14.54 (-0.10), DCT: 48.04 (-0.15), INN: 14.24 (+0.27), KIM: 31.40 (-0.32), BFS: 64.90 (+0.21), WPC: 69.94 (+0.11), TWO: 8.49 (-0.04)
What Investors are Making of these Office REITs' Stocks? - Liberty Property Trust, New York REIT, Mack-Cali Realty, and Kilroy Realty
PR Newswire - Mon Jun 13, 6:40AM CDT
The Office REITs industry is expected to see more M&A deals this year, which has investors doing their due-diligence. Stock-Callers.com has selected these following companies for today's alert service: Liberty Property Trust (NYSE: LPT), New York REIT Inc. (NYSE: NYRT), Mack-Cali Realty Corp. (NYSE: CLI), and Kilroy Realty Corp. (NYSE: KRC). Get your free trade alerts on these stocks at:
KRC: 70.09 (+1.29), LPT: 40.38 (+0.04), CLI: 28.06 (+0.04), NYRT: 9.46 (+0.02)
SL Green Signs Renewal, Expansion Deal with New York Life
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 9:08AM CDT
SL Green Realty Corp. (SLG) disclosed signing a 10-year renewal and expansion lease deal with New York Life Insurance Company at the Graybar Building.
DCT: 48.04 (-0.15), SLG: 109.02 (+1.97), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04)
Mack-Cali Realty Corporation to Present at NAREIT's REITWeek 2016
PR Newswire - Mon Jun 06, 3:00PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) announced today that it will be participating in REITWeek: NAREIT's Investor Forum being held June 7-9, 2016 at the Waldorf Astoria, New York, New York. Michael DeMarco, Mack-Cali's president and chief operating officer, is scheduled to present on Tuesday, June 7, 2016 at 10:15 a.m. Eastern Time.
CLI: 28.06 (+0.04)
Vornado Closes Manhattan Building Financing, Sells Stake
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:15AM CDT
Vornado Realty Trust (VNO) recently sold a 47% stake in a Manhattan office building at a value of $561 million and also completed a $300 million recourse financing of this asset.
VNO: 101.21 (+0.38), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04), WSR: 15.86 (-0.01)
Welltower (HCN) Debt Rating Upgraded to Baa1: Time to Hold?
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:37AM CDT
Ushering in good news for Welltower Inc. (HCN), Moody's Investors Service announced a rating upgrade with a stable outlook.
HCN: 76.02 (-0.18), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04), MCO: 100.17 (+2.32)
Mack-Cali Realty Corporation Declares Quarterly Cash Dividend
PR Newswire - Wed Jun 01, 4:03PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced that its Board of Directors has declared a cash dividend of $0.15 per common share (indicating an annual rate of $0.60 per common share) for the period April 1, 2016 through June 30, 2016. The dividend will be paid on July 15, 2016 to shareholders of record as of July 6, 2016.
CLI: 28.06 (+0.04)
First Potomac (FPO) to Sell Storey Park in Washington, D.C.
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:12AM CDT
First Potomac Realty Trust (FPO) is set to sell Storey Park, a development site located in the NoMa submarket of Washington, D.C., for gross proceeds of $54.5 million.
FPO: 9.54 (+0.04), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04), WSR: 15.86 (-0.01)
Will SL Green (SLG) Grow with Stake Buyout, Refinancing?
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:26AM CDT
We updated our research report on SL Green Realty Corporation (SLG) on May 30, 2016.
VNO: 101.21 (+0.38), SLG: 109.02 (+1.97), PSB: 109.66 (+0.14), CLI: 28.06 (+0.04)
26.5% Return Seen to Date on SmarTrend Mack-Cali Realty Call (CLI)
Comtex SmarTrend(R) - Thu May 19, 1:19PM CDT
SmarTrend identified an Uptrend for Mack-Cali Realty (NYSE:CLI) on February 25th, 2016 at $19.30. In approximately 3 months, Mack-Cali Realty has returned 26.53% as of today's recent price of $24.42.
CLI: 28.06 (+0.04)
Mack-Cali Realty Up 34.1% Since SmarTrend Uptrend Call (CLI)
Comtex SmarTrend(R) - Thu May 12, 12:34AM CDT
SmarTrend identified an Uptrend for Mack-Cali Realty (NYSE:CLI) on February 25th, 2016 at $19.30. In approximately 3 months, Mack-Cali Realty has returned 34.09% as of today's recent price of $25.88.
CLI: 28.06 (+0.04)
Mack-Cali Realty Corporation Announces Date Of 2016 Annual Meeting Of Stockholders
PR Newswire - Thu May 05, 11:55AM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced that the Company will hold its 2016 Annual Meeting of Stockholders on Wednesday, June 1, 2016. The Board of Directors established the close of business on April 5, 2016 as the record date for determining stockholders entitled to receive notice of and vote at the meeting. The meeting will begin at 2:00 p.m. and take place at the Hyatt Regency Jersey City on the Hudson, 2 Exchange Place, Jersey City, N.J.
CLI: 28.06 (+0.04)
Uptrend Call Working As Mack-Cali Realty Stock Rises 34.7% (CLI)
Comtex SmarTrend(R) - Wed May 04, 1:01PM CDT
SmarTrend identified an Uptrend for Mack-Cali Realty (NYSE:CLI) on February 25th, 2016 at $19.30. In approximately 2 months, Mack-Cali Realty has returned 34.72% as of today's recent price of $26.00.
CLI: 28.06 (+0.04)
Mack-Cali (CLI) Q1 FFO Increases Y/Y: Will Stock Rise?
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 9:51AM CDT
Mack-Cali Realty Corp. (CLI) reported first-quarter 2016 funds from operations per share of 48 cents, up from 43 cents in the prior-year quarter.
CUBE: 31.96 (-0.11), PSA: 255.80 (-0.76), EXR: 93.49 (-0.18), CLI: 28.06 (+0.04)
Mack-Cali Realty Corporation Announces First Quarter 2016 Results
PR Newswire - Wed Apr 27, 5:58PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today reported its results for the first quarter 2016.
CLI: 28.06 (+0.04)
Mack-Cali Updates Capital Markets Activity
PR Newswire - Tue Apr 26, 3:51PM CDT
Mack-Cali Realty Corporation (NYSE: CLI) today announced a series of transactions in the redeployment of disposition proceeds as part of its announced strategic plan. The Company has sold approximately $300 million of assets year to date. By May 18, the Company anticipates closing on an additional approximately $70 million in dispositions, has reached agreement on another $63 million of sales, and is currently marketing an additional $230 million in assets. The proceeds from these dispositions will be used to pay down debt, fund development, and purchase suitable acquisitions.
CLI: 28.06 (+0.04)