Expansion of Pennsylvania portfolio and lease with subsidiary of PharmaCann LLC to help Innovative Industrial Properties (IIPR) bank on the favorable trends as well as drive top-line growth.
Alexandria Real Estate Equities' (ARE) development projects in Seattle's Lake Union life-science cluster witness solid demand, which is driving preleasing activity.
The Fed's latest decision of a rate cut to sustain economic expansion will aid REITs. Apart from benefits from the rate cut, underlying fundamentals of certain asset categories are showing strength.
Public Storage (NYSE:PSA) announced today operating results for the three and six months ended June 30, 2019.
Public Storage (NYSE:PSA) announced today that its Board of Trustees appointed Tariq M. Shaukat to the Board of Trustees effective July 30, 2019.
Alexandria Real Estate Equities' (ARE) Q2 funds from operations surpass estimates, backed by strong rental rate growth and higher NOI.
Though decent new and renewal leasing spreads witnessed by SITE Centers (SITC) in Q2 display strength in the company's portfolio, dilutive impact of the RVI spin-off continues to dent results.
PS Business Parks' (PSB) Q2 performance reflects growth in Same-Park NOI, backed by growth in rental rates, as well as higher NOI from non-Same-Park and multi-family assets.
PS Business Parks (PSB) delivered FFO and revenue surprises of 4.17% and 2.56%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
GLENDALE, Calif. (AP) _ PS Business Parks Inc. (PSB) on Tuesday reported a key measure of profitability in its second quarter.
PS Business Parks, Inc. (NYSE:PSB) today announced that its Board of Directors elected Stephen W. Wilson and Kristy M. Pipes to the Board. Mr. Wilson's election is effective July 22, 2019, and Ms. Pipes's...
PS Business Parks, Inc. (NYSE:PSB) reported operating results for the three and six months ended June 30, 2019.
The Zacks Analyst Blog Highlights: CBRE, Duke Realty, PS Business and Prologis
In a rising e-commerce market, Industrial REITs are poised to gain amid resilient consumer sentiment, low unemployment level and rising wages, though trade tensions and rising supply remain concerns.
The latest investment grade rating affirms Extra Space Storage's (EXR) creditworthiness in the market and will likely help retain investor confidence in the stock.
Increase in rental revenues and strong leasing activity in the company's Manhattan and Suburban portfolio buoy SL Green Realty's (SLG) Q2 performance.
Growth in site-rental revenues and high levels of tower leasing activity help Crown Castle International (CCI) trump Q2 estimates and raise its guidance.
Vornado Realty (VNO) reports items that will depress Q2 funds from operations (FFO) per share by 5 cents.
Prologis' (PLD) deal to acquire Industrial Property Trust will help gain premium assets in preferred submarkets. Also, with solid customer demand, the company put up a decent show in Q2.
Innovative Industrial Properties' (IIPR) capital raise is a strategic fit as with more states in the United States giving cannabis the green light, it has incentive to invest in such properties.