-
JP Morgan's Upgrades For January 14, 2011
Friday, January 14, 2011 - 10:32am | 158JP Morgan has upgraded the following companies: Brookfield Properties (NYSE: BPO) $17.57 To Neutral from Underweight, $17.00 to $15.00 DCT Industrial Trust (NYSE: DCT) $5.43 To Neutral from Underweight. $5.00 Education Realty Trust (NYSE: EDR) $7.45 To Neutral from Underweight, $7.00 to $6.00...
-
JP Morgan's Downgrades For January 14, 2011
Friday, January 14, 2011 - 10:25am | 80JP Morgan has downgraded the following companies: Brandywine Realty Trust (NYSE: BDN) $11.48 To Neutral from Overweight, $11.00 to $12.00 Corporate Office Properties (NYSE: OFC)$35.06 To Neutral from Overweight, $39.00 to $41.00 Nationwide Health Properties (NYSE: NHP) $35.92 To Neutral from...
-
JP Morgan's PT Changes On REITs
Friday, January 14, 2011 - 10:18am | 343JP Morgan has changed the price targets on the following REITs: Acadia Realty Trust (NYSE: AKR) 18.09 Neutral $17.00 to $18.00 AMB Property Corporation (NYSE: AMB) $32.46 Neutral $30.00 to $26.00 Boston Properties (NYSE: BXP) $86.46 Overweight $110.00 to $91.00 CB Richard Ellis Group, Inc. (NYSE:...
-
JP Morgan Downs BDN To Neutral
Friday, January 14, 2011 - 7:26am | 51Analysts at JP Morgan downgrade Brandywine Realty Trust (NYSE: BDN) from “overweight” to “neutral.” The price target for BDN has been lowered from $12 to $11. BDN shares fell 0.78% to close at $11.48 yesterday. More Analyst Ratings here
-
Kilroy Realty Closes $135.0 Million Mortgage Loan at a Rate of 4.27%
Thursday, January 13, 2011 - 5:39pm | 62Kilroy Realty Corporation (NYSE: KRC) today announced that it has obtained a seven year, non-recourse mortgage for $135,000,000 bearing interest at a rate of 4.27%. The mortgage matures on February 1, 2018 and is secured by one property in San Francisco. The company intends to use proceeds from...
-
Goldman Sachs' REIT Update (DLR, BPO, ARE)
Wednesday, January 12, 2011 - 10:30am | 159Goldman Sachs is out with a research report this morning, where it takes at recent trends in the REIT space and what it means for stocks in its coverage space. The analysts said that they expect more modest returns in the space in 2011 and are maintaining their Neutral view. They are forecasting a...
-
Craig Hatkoff Named as an Independent Director to SL Green Board
Tuesday, January 11, 2011 - 2:48pm | 43SL Green Realty Corp. (NYSE: SLG) today announced that Craig Hatkoff, a highly respected, real estate investment executive, entrepreneur, publisher and philanthropist, has been appointed as an Independent Director to the company's Board of Directors.
-
Mack-Cali Extends Lease to Verizon - Analyst Blog
Thursday, January 6, 2011 - 11:03am | 397Mack-Cali Realty Corp. (CLI), a fully integrated real estate investment trust (REIT), has recently extended its lease agreement with Verizon New Jersey, a unit of Verizon Communications Inc. (VZ) – a leading global broadband and telecommunications company. With the 5-year lease extension deal,...
-
Mack-Cali Extends Lease to Verizon - Analyst Blog
Thursday, January 6, 2011 - 10:30am | 397Mack-Cali Realty Corp. (CLI), a fully integrated real estate investment trust (REIT), has recently extended its lease agreement with Verizon New Jersey, a unit of Verizon Communications Inc. (VZ) – a leading global broadband and telecommunications company. With the 5-year lease extension deal,...
-
Jefferies Rates Digital Realty Trust At Buy (DLR)
Wednesday, January 5, 2011 - 8:18am | 151Jefferies & Co. has a Buy rating on shares of Digital Realty Trust, Inc. (NYSE: DLR). In the research report sent to investors, Jefferies writes, "We are bullish on the data center real estate market, which is poised to experience positive demand/supply fundamentals for the next five years, in...
-
Benzinga's Top ETF Decliners (AGQ, DRN, GDXJ, UGL)
Tuesday, January 4, 2011 - 6:03pm | 222ProShares Ultra Silver (ETF) (NYSE: AGQ) led the decliners among the ETFs today, with a 5.87% decrease in price. AGQ traded lower along with silver, which dropped below $30. Direxion Daily Real Estate Bull 3X (ETF) (NYSE: DRN) fell 5.58% on Monday, and closed at $56.55. In the real estate space,...
-
Benzinga's Top ETF Gainers (ZSL, DRV, SCO, GLL)
Tuesday, January 4, 2011 - 5:50pm | 189ProShares UltraShort Silver (ETF) (NYSE: ZSL) gained 5.92% today, as silver traded sharply lower and ProShares UltraShort Gold (ETF) (NYSE: GLL) added 4.81% on the weakness in gold. After a huge rally in both gold and silver, investors decided that it is time for some profit taking. Direxion Daily...
-
Kilroy Realty Corporation Hits Fresh 52-Week High (KRC)
Tuesday, January 4, 2011 - 10:34am | 28Kilroy Realty Corporation (NYSE: KRC) hit a new 52-Week high today, last price check KRC was trading at $37.46 per share.
-
LRY Starts Philadelphia Construction - Analyst Blog
Tuesday, January 4, 2011 - 9:33am | 585Liberty Property Trust (LRY), a leading real estate investment trust (REIT), has recently started construction work on two industrial flex buildings in The Navy Yard Commerce Center – a business park in Philadelphia. The project (20% pre-leased) will span across 103,137 square feet of space....
-
LRY Starts Philadelphia Construction - Analyst Blog
Tuesday, January 4, 2011 - 9:00am | 585Liberty Property Trust (LRY), a leading real estate investment trust (REIT), has recently started construction work on two industrial flex buildings in The Navy Yard Commerce Center – a business park in Philadelphia. The project (20% pre-leased) will span across 103,137 square feet of space....