Edition:
United Kingdom

Specialized REITs

Page 1

Gladstone Land reports no damage to California farms from wildfires

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Gladstone Land Corp :Gladstone land reports no damage to California farms from wildfires.Gladstone Land Corp - ‍none of co's farms/farm-related buildings in California impacted by wildfires that are spreading in Northern part of state​.

Orchid Island Capital estimates it generated qtrly net income of $0.33/shr

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Orchid Island Capital Inc :Orchid island capital-‍estimates it generated net income per share of $0.33 for quarter ended september 30, 2017​.

Annaly Capital Management's board chairman ‍Wellington J. Denahan to retire

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Annaly Capital Management Inc ::Annaly Capital Management Inc - ‍Wellington J. Denahan will retire as executive chairman and chairman of board​.Annaly Capital Management Inc - ‍Wellington Denahan will remain a director​.Annaly Capital Management Inc - ‍appoints CEO and president Kevin Keyes as chairman effective January 1, 2018​.

Hoshino Resorts REIT to acquire properties for 29.04 bln yen and take out loans of 10 bln yen

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Hoshino Resorts REIT Inc <3287.T>:Says it will acquire properties for 29.04 billion yen , effective Nov. 1 .Says it will take out loans of 10 billion yen to acquire properties .

Stor-Age Property agrees on terms of a 145 mln rand deal

Tuesday, 10 Oct 2017

Oct 10 (Reuters) - STOR-AGE PROPERTY REIT LTD ::‍TERMS ANNOUNCEMENT IN RESPECT OF ACQUISITION OF STORTOWN IN KWAZULU NATAL AND WITHDRAWAL OF CAUTIONARY​.‍SUBSCRIBE FOR 99.9 PCT OF SHARES IN DANCOR FOR R145,000,000​.‍EFFECTIVE DATE OF TRANSACTION SHALL BE LATER OF 1 NOVEMBER 2017​.

American Tower expects to enforce avg non-cancelable remaining contract terms on leases with Tata Teleservices

Monday, 9 Oct 2017

Oct 9 (Reuters) - American Tower Corp ::American Tower Corp releases information about its business in light of press reports regarding Tata Teleservices Limited in India​.American Tower - ‍for quarter ended June 30, Tata Teleservices accounted for about $80 million, or 5 pct of co's consolidated property revenues​.American Tower Corp - ‍tata teleservices accounted for approximately $40 million in gross margin for quarter ended June 30​.American Tower - ‍as of September 30, average remaining non-cancellable contract term with Tata Teleservices was in excess of 6 years​.American Tower - expects to "fully enforce" average non-cancelable remaining contract terms on leases with Tata Teleservices​.

BRT Apartments Corp acquires 313 unit Class A Property in a Dallas suburb

Tuesday, 3 Oct 2017

Oct 3 (Reuters) - BRT Apartments Corp :BRT Apartments Corp. acquires 313 unit Class A property in a Dallas suburb.BRT Apartments Corp- deal for ‍$39.0 million,​.BRT Apartments Corp- debt is non-recourse to BRT, carries an interest rate of 4.15%, is interest only for five years and matures in 2027.BRT Apartments Corp- deal value includes $25.4 million of mortgage debt obtained in connection with acquisition.

Healthcare Realty Trust announces $100 mln redemption of its $400 million senior notes due 2021

Monday, 2 Oct 2017

Oct 2 (Reuters) - Healthcare Realty Trust Inc :Healthcare Realty Trust announces $100 million redemption of its $400 million senior notes due 2021.Healthcare Realty Trust Inc - ‍company expects to record a charge in Q4 of 2017 of approximately $12.2 million for early extinguishment of debt​.Healthcare Realty Trust Inc - ‍intends to use net proceeds from issuance of 8.3 million shares of common stock on august 14, 2017​.Healthcare Realty Trust Inc - ‍company will redeem $100.0 million portion of notes on November 1 at a redemption price equal to an aggregate of $113.4 million​.Healthcare Realty Trust Inc - will redeem $100.0 million portion of notes on November 1, 2017 at a redemption price equal to an aggregate of $113.4 million​.

Property group Assura buys 75 medical centres for 154 mln stg

Monday, 2 Oct 2017

Oct 2 (Reuters) - Assura Plc :Accelerated investment - 75 medical centres acquired for £154 million in period..As at 30 september 2017, assura's borrowings stood at £591.7 million, with a weighted average cost of debt of 3.78% (31 march 2017 4.06%) and a weighted average debt maturity of 7.9 years.At same date, assura's proforma net loan to value ratio was 37%.

Omega provides hurricane update

Tuesday, 19 Sep 2017

Sept 19 (Reuters) - Omega Healthcare Investors Inc ::Omega provides hurricane update.Says only minor flooding and damage reported and all 16 facilities in path of Irma have resumed re-admitting residents.

Markets

  • Sectors
  • Europe
  • U.S.
  • Asia

Sector Summary