Real Estate Management & Development

Liberty Property Trust (NYSE: LRY) today announced that its board of trustees has declared a cash dividend of $0.475 per share on the company's common shares of beneficial interest for the fourth quarter of 2010. The dividend will be payable on January 15, 2011 to shareholders of record on...

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), commercial property investments in Europe will increase 35% in 2011 to $174 billion. The report predicted that large, liquid and transparent markets in the U.K., France and...

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), commercial property investments in Europe will increase 35% in 2011 to $174 billion. The report predicted that large, liquid and transparent markets in the U.K., France and...

Cousins Properties Incorporated (NYSE: CUZ) announced today the results of the shareholders' elections relating to Cousins' fourth quarter common stock dividend of $0.09 per share declared by its Board of Directors on October 15, 2010.

Grubb & Ellis Company (NYSE: GBE), a leading real estate services and investment firm, announced today that its board of directors has declared a dividend of $3.00 per share on the company's 12% Cumulative Participating Perpetual Convertible Preferred Stock to stockholders of record as of...

Brookfield Properties Corporation (NYSE: BPO) today announced that it has acquired Heritage Plaza – the 53-story, 1.2-million-square-foot trophy office tower in Houston's central business district – from Goddard Investment Group LLC for $321.5 million.

FirstService Corporation (Nasdaq: FSRV) today announced acquisition of an 80% interest in Association Management, Inc.. David & Glenda Regenbaum, Founders & Officers of AMI, will retain the balance of the equity and will continue to manage day-to-day operations. During the last 12 months,...

I've lost 31 pounds since Labor Day and for the first time in my life I'm actually paying attention to the stuff I'm eating.  Being healthy and working in NYC is kind of tough, the good stuff costs a fortune and the yummy stuff (which is not necessarily low-cal) is everywhere you turn. Anyway, the...

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), direct commercial property transaction volume in the Asia-Pacific region increased 14% sequentially to $18.2 billion in the third quarter 2010 with strong performance in...

According to a report published by Jones Lang LaSalle Incorporated (JLL), a leading real estate investment trust (REIT), direct commercial property transaction volume in the Asia-Pacific region increased 14% sequentially to $18.2 billion in the third quarter 2010 with strong performance in...

CapLease, Inc. (NYSE: LSE) today provided the following dividend updates. The Company's Board of Directors announced an increase in the Company's quarterly dividend by 8% beginning with the fourth quarter of 2010 to $0.065 per share.

Image via Wikipedia Consolidated Tomoka(CTO) was the first stock we discussed at Inelegant Investor back in 2006. The price was higher back then, not surprising given the company's primary asset is Florida real estate. That said we think it's very cheap currently and have bought more in the past...

Grubb & Ellis Company (NYSE: GBE) today announced that it has strengthened its presence in the Southeast with the acquisition of its central Florida affiliate, Grubb & Ellis|Commercial Florida, with offices in Melbourne, Orlando and Tampa. Terms of the transaction were not disclosed.

Gramercy Capital Corp. (NYSE: GKK) is up more than 15% this morning on tremendous volume, as it's already traded almost it's entire average daily volume, 35 minutes into trading. This morning GKK announced that SL Green Realty Corp. (NYSE: SLG) would purchase investments from Gramercy Capital Corp...

SL Green Realty Corp. (NYSE: SLG) and Gramercy Capital Corp. (NYSE: GKK) today announced an agreement for SL Green to purchase investments from Gramercy Capital Corp. for an aggregate price of $390.8 million, including the assumption of $265.6 million in debt.