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Goldman Sachs Initiates Coverage Of DLR With A Buy Rating And $64 PT
Wednesday, December 15, 2010 - 8:30am | 59Goldman Sachs is initiative coverage of Digital Realty Trust, Inc. (NYSE: DLR) with a Buy rating and has placed the shares on its Americas Conviction List. “Our 12-month, $64 target is based on a 20% premium to our forward NAV of $53 (7.5% assumed cap rate),” Goldman Sachs writes. Digital Realty...
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Goldman Initiates Alexandria Real Estate At Buy
Wednesday, December 15, 2010 - 8:06am | 24Goldman Sachs has initiated coverage on Alexandria Real Estate Equities (NYSE: ARE) with a Buy rating.
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Lexington Realty Trust Announces 10 Million Share Offering
Tuesday, December 14, 2010 - 5:12pm | 46Lexington Realty Trust (NYSE: LXP) today announced that it will issue and sell 10,000,000 common shares in a public offering. Lexington intends to use the net proceeds of the offering for general corporate purposes, including the repayment of indebtedness.
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Duke Realty Sells New York Asset - Analyst Blog
Monday, December 13, 2010 - 10:33am | 511Duke Realty Corp. (DRE), a real estate investment trust (REIT), recently sold the BlueCross BlueShield of Western New York headquarter building in downtown Buffalo, New York, for an undisclosed amount. The asset was sold to Cole Real Estate Investments, a Phoenix-based investment group that...
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Duke Realty Sells New York Asset - Analyst Blog
Monday, December 13, 2010 - 9:43am | 511Duke Realty Corp. (DRE), a real estate investment trust (REIT), recently sold the BlueCross BlueShield of Western New York headquarter building in downtown Buffalo, New York, for an undisclosed amount. The asset was sold to Cole Real Estate Investments, a Phoenix-based investment group that...
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Top Yielding Stocks Selling Below Book Value
Sunday, December 12, 2010 - 2:19am | 553Imagine that you own shares of a company that has a million shares that are trading for $10 per share. This would give the company a market capitalization of $10 million. Now further imagine that if you add up all the assets of the company, such as bank accounts, inventory, equipment, and real...
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BTDStocks.com Friday, December 10, 2010 End-Of-Day Update
Saturday, December 11, 2010 - 11:49am | 419The stock market rose again today and finished near session highs but once again trading activity was quiet as the S&P 500 (SPY) and Nasdaq Composite (QQQQ) continued to make new highs for 2010. Keeping with the trend we are raising the support/resistance levels on the S&P 500 and Nasdaq...
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Deutsche Bank Comments On Digital Realty Trust Analyst Day
Friday, December 10, 2010 - 10:32am | 158Digital Realty Trust (NYSE: DLR) hosted a well-attended analyst day that we believe addressed several key investor concerns. Deutsche Bank came away from the meeting with an increased confidence that the fundamentals in the datacenter market are not deteriorating. A better understanding of some of...
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Jefferies Comments On Digital Realty Trust Investor Day
Friday, December 10, 2010 - 9:09am | 156Digital Realty Trust (NYSE: DLR) dominant market position in the wholesale data center space gives it a major competitive advanatge vs. peers in regards to taking full advantage of strong fundamentals in the data center real estate market, which is poised to continue to see positive demand/supply...
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BTDStocks.com Thursday, December 9, 2010 End-Of-Day Update
Thursday, December 9, 2010 - 11:20pm | 516Investor participation picked up somewhat in today's session as the major indexes (except for the DJIA) gained. The S&P 500 (SPY) and Nasdaq Composite (QQQQ) now sit 0.6% and 1.4%, respectively above their November highs on a closing basis. Only the DJIA (DIA) sits below its November high....
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Digital Realty Trust Acquires Datacenter in Singapore
Thursday, December 9, 2010 - 9:37am | 40Digital Realty Trust, Inc. (NYSE: DLR) today announced that it closed the acquisition of a new 370,500 square foot data center facility located in Singapore's International Business Park in the Jurong East area.
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J.P. Morgan Overweight On Alexandria Real Estate Equities
Thursday, December 9, 2010 - 8:29am | 95J.P. Morgan Chase & Co. has an Overweight rating and a $76 price target on Alexandria Real Estate Equities (NYSE: ARE). In a note sent to investors J.P. Morgan writes, "We are raising our 2011 and 2012 estimates $0.05 and $0.10, to $4.60 and $4.79, respectively. The key drivers behind the...
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Host Hotels Acquires Assets - Analyst Blog
Wednesday, December 8, 2010 - 12:00pm | 506Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S., has recently decided to acquire seven hotels in New Zealand for $143 million. The transaction is expected to complete by January 2011. Host Hotels purchased six hotels from the affiliates...
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Host Hotels Acquires Assets - Analyst Blog
Wednesday, December 8, 2010 - 11:33am | 506Host Hotels & Resorts Inc. (HST), the largest lodging real estate investment trust (REIT) in the U.S., has recently decided to acquire seven hotels in New Zealand for $143 million. The transaction is expected to complete by January 2011. Host Hotels purchased six hotels from the affiliates...
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J.P. Morgan Has Positive View On Alexandria Guidance
Wednesday, December 8, 2010 - 9:25am | 88J.P. Morgan reports that Alexandria Real Estate Equities (NYSE: ARE) just put forth initial 2011 FFO guidance of $4.58-4.68. “At the midpoint, this is $0.08 ahead of our estimate and in line with the Bloomberg Consensus,” J.P. Morgan writes. “Recall that when we upgraded ARE last month, we noted...