Headwinds facing US office REITs to persist in 2023 amid tepid attendance
When COVID-19 broke out globally in 2020, offices across the world were shut in favour of work-from-home (WFH) arrangements. And…
Essential Properties Realty Trust opts for efficiency-as-a-service model
Unlike landlords that have chosen to undertake energy reduction efforts in-house, NYSE-listed REIT Essential Properties Realty Trust (EPRT) has opted…
Simon Property Group downgraded by Fitch on leverage worries
Simon Property Group’s (SPG’s) credit-related ratings have been downgraded by Fitch on worries over the REIT’s leverage.
Outlook for US REITs improving but fundamentals are weak, says rating agency
Outlook for the US equity REITs sector in 2021 is improving on hopes that a COVID-19 vaccine is underway.
Expect US healthcare REITs to acquire strongly in 2020, says Mizuho Securities
A combination of low interest rates, and improved cost of equity will support a strong acquisition outlook for US healthcare…
Cousins Properties to merge with TIER REIT
US-listed office REITs, Cousins Properties and TIER REIT, have entered into a definitive merger agreement. The REITs will merge in…
Simon Property Group raises quarterly dividend for 4Q 2018 by 5.1%
Simon Property Group has reported a funds from operations (FFO) of USD1.151 billion for the quarter that ended 31 December…
Phillips Edison Grocery Center REIT III acquires North Virginia mall
Phillips Edison Grocery Center REIT III (PECO III) has announced the acquisition of Ashburn Farm Market Center (Ashburn Farm). The…
Hartman REIT completes acquisition of Texas building for USD16.5 million
Hartman vREIT XXI (vREIT XXI) has completed the acquisition of Spectrum Building, a 10-storey office property in San Antonio, Texas.…
Select Income REIT, Government Properties Income Trust merge to form USD6.1 billion REIT
Select Income REIT and Government Properties Income Trust have entered a definitive agreement to merge. The resulting REIT, Office Properties…