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Here's Why You Should Hold on to Highwoods Stock for Now

14h zacks
Highwoods Properties (HIW - Free Report) is well positioned to gain from a strong office portfolio located in the best business districts. However, weak rent growth and lower lease pricing ability due to stiff competition might dent profitability. (4-1)

Outfront (OUT) Amends Credit Agreement, Lowers Interest Rate

14h zacks
Outfront Media (OUT - Free Report) amended its credit agreement, lowering interest rate on its $670-million term loan by 0.25%. The term loan, due in 2024, is guaranteed by the company along with its wholly-owned subsidiaries, Outfront Media Capital LLC and Outfront Media Capital Corporation. (11-1)

Duke Realty's Lynwood Warehouse Gets Key Retailer as Tenant

2017-11-20 zacks
Duke Realty (DRE - Free Report) is experiencing solid demand for its warehouse property in Southern California. In fact, the company’s new 201,207 square feet warehouse in Lynwood, which was developed on a speculative basis on a remediated in-fill site, has got a major retailer as tenant. The retailer has signed a long-term lease for the full building, right before its construction is wrapped up. Situated in the highly desirable South Bay submarket, this property at 11600 Alameda Avenue in Lynwood enjoys a decent location advantage. (4-0)

CoreCivic Facility to House Kentucky's Offender Population

2017-11-20 zacks
CoreCivic (CXW - Free Report) and the Commonwealth of Kentucky Department of Corrections entered into a management contract, pursuant to which the former will provide housing for medium and close-security offenders at Lee Adjustment Center in Beattyville, KY. (6-0)

Chatham Lodging Buys Greater Charleston Hotel for $20.2M

2017-11-17 zacks
Chatham Lodging Trust (CLDT - Free Report) recently announced the acquisition of the Courtyard by Marriott Charleston Summerville, S.C. The 96-room hotel, located in Nexton, has been acquired for $20.2 million, or around $210,000 per room. The company used cash from its recent share offering. Island Hospitality Management will manage the property. The construction of this hotel which opened in October 2014 has been made in adherence to strict building requirements. (11-0)

Why Should You Bet on Regency (REG) Stock Right Now?

2017-11-16 zacks
Shares of Regency Centers Corporation (REG - Free Report) , a retail real estate investment trust (REIT), have been performing well, of late. In the past month, the stock has gained 2.8%, while the industry incurred a loss of 0.9%. (21-0)

SL Green (SLG) Signs Deal to Sell 43% Stake in Office Tower

2017-11-15 zacks
SL Green Realty (SLG - Free Report) announced that it has entered into a contract with Allianz Real Estate, pursuant to which the commercial property owner will sell 43% stake in 1515 Broadway to the real estate investment division of German-based company Allianz Group. (57-0)

Why Should You Add Extra Space Storage (EXR) Stock Now?

2017-11-14 zacks
Extra Space Storage Inc. (EXR - Free Report) has been putting in efforts to expand its business around large population centers and attain geographical diversity. The company has significantly expanded its business in recent years, growing its branded store count from 694 in 2008 to 1,513 in third-quarter 2017. Also, total stores managed for third-party owners increased from 185 in 2011 to 485 in the recently-reported quarter. (32-0)

Digital Realty Expands in Europe With Frankfurt Facility

2017-11-14 zacks
Digital Realty Trust, Inc. (DLR - Free Report) recently unveiled its second data center in Frankfurt, further expanding its presence in Europe. The latest nine-megawatt facility is, in fact, one of the three buildings slated to be constructed on this new campus in Sossenheim, Germany, situated about three miles to the west of downtown Frankfurt. Notably, in terms of size, Frankfurt occupies the second position in the European region, right after London. (27-0)

Outfront Activates Signage Screen at Yonge-Dundas Square

2017-11-14 zacks
Outfront Media (OUT - Free Report) announced that it has activated the first set of the five digital screens at the Yonge-Dundas Square, Toronto. This marks the completion of a phase of the multi-stage digital signage project. (28-0)

Cramer Remix: How Hasbro used Toys R Us’ bankruptcy to its advantage

2017-11-14 cnbc
"When one company buys another, it can create so much value that you want to slap yourself in the face, wondering why the heck they didn't merge years ago," the "Mad Money" host said. "Then there's the pin action: whenever you get a deal, it tends to boost the value of all stocks in the same sector, which in turn drives up the entire market." (15-1)

Mack-Cali's (CLI) Rating Downgraded: Time to Hold the Stock?

2017-11-13 zacks
Mack-Cali Realty Corporation’s (CLI - Free Report) operating partnership — Mack-Cali Realty, L.P. —recently experienced a rating downgrade from Moody's Investors Service. Specifically, its senior unsecured debt rating has been downgraded to Ba1 from Baa3. Further, the rating outlook remains negative. Continued fall in portfolio lease rate, weakness in leverage metrics and decline in the company’s unencumbered asset base are responsible for this rating downgrade. (20-0)

Earnings Review and Free Research Report: Public Storage’s Revenue Grew 3.4%; Core FFO Added 3.2%

2017-11-13 accesswire
LONDON, UK / ACCESSWIRE / November 13, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Public Storage (NYSE: PSA), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=PSA, following the Company's release of its third quarter fiscal 2017 operating results on October 25, 2017. The self-storage facility real estate investment trust outperformed top- and bottom-line expectations. (27-0)

Liberty (LPT) Announces Leasing Activities in the Triangle

2017-11-10 zacks
LibertyProperty Trust’s (LPT - Free Report) industrial facilities are not only grabbing attention from prospective tenants, but also experiencing decent demand from the existing ones. Liberty announced that it has struck two new leases as well as a renewal lease in the Research Triangle Park (RTP) in Raleigh-Durham. The new tenants will occupy a total of 64,320 square feet of space in two different portfolios of the company. (5-0)

Vornado (VNO) Extends Maturity of $1.25B Credit Facility

2017-10-18 zacks
Vornado Realty Trust (VNO - Free Report) announced the extension of one of the two $1.25-billion revolving credit facilities through its operating partnership, Vornado Realty L.P. The extended credit facility will improve the company’s liquidity position. The debt, previously due in November 2018, is now scheduled to mature in January 2022. Two six-month extension options enable the company to stretch the maturities of the assumed debt. (10-0)

CUSIP: 233153204