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REIT Occupancy Reaches Record High in Q3, FFO Grows Y/Y

14h zacks
Broader macroeconomic concerns as well as a rise in Treasury yield have affected returns on REIT stocks in recent months. However, the operating performance of this special hybrid asset class was decent in the third quarter. In fact, per a NAREIT media release, occupancy rates reached a record high in the third quarter, while funds from operations (“FFO”), a widely used metric to gauge the performance of REITs, reported growth from the year-ago period. (12-1)

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)

Earnings Review and Free Research Report: Duke Realty’s Revenue Grew 7.2%; FFO Beat Estimates

2017-11-16 accesswire
LONDON, UK / ACCESSWIRE / November 16, 2017 / Pro-Trader Daily has just published a free post-earnings coverage on Duke Realty Corp. (NYSE: DRE), which can be viewed by registering at http://protraderdaily.com/optin/?symbol=DRE, following the Company's announcement of its third quarter fiscal 2017 operating results on October 25, 2017. The Indianapolis-based real estate investment trust's net income surged 43. (17-0)

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)

Duke Realty's (DRE) CEO James Connor on Q3 2017 Results - Earnings Call Transcript

2017-10-29 seekingalpha
Ladies and gentlemen, thank you for your patience and standing by. And welcome to the Duke Realty Quarterly Earnings Conference Call. At this time, all participant lines are in a listen-only mode, and later there'll be an opportunity for your question. [Operator Instructions] Just a brief reminder, today's conference is being recorded. (5-0)

REITs Q3 Earnings: Key Predictions for DLR, DRE, KIM & MAA

2017-10-24 zacks
As we tread into another busy week of the current reporting cycle, a lot of activity can be noticed in the real estate investment trust (REIT) space. The Q3 earnings line-up for this week includes Digital Realty Trust, Inc. (DLR - Free Report) , Duke Realty Corp. (DRE - Free Report) , Kimco Realty Corporation (KIM - Free Report) and Mid-America Apartment Communities, Inc. (MAA - Free Report) . Improvement in the macroeconomic scenario has fueled demand amongst several asset classes in third-quarter 2017. (60-0)

Duke Realty (DRE) to Post Q3 Earnings: What's in Store?

2017-10-23 zacks
Duke Realty Corp. (DRE - Free Report) is scheduled to release third-quarter 2017 results on Oct 25, after the market closes. Last quarter, this commercial real estate investment trust (REIT) delivered a positive earnings surprise of 6.7%. Results were backed by improved operational performance from increased occupancy and rental-rate growth. The company exceeded the Zacks Consensus Estimate in each of the trailing four quarters, the average beat being nearly 5. (71-0)

Duke Realty (DRE) Refinances Loan to Upsize Credit Facility

2017-10-12 zacks
Duke Realty Corporation (DRE - Free Report) announced that its operating partnership, Duke Realty Limited Partnership, has revised an unsecured revolving credit facility in a bid to increase the company’s borrowing capacity by $800 million and stretch the maturities of its debt by three years. The company upsized its $1.2-billion credit facility to $2 billion. The restated loan, slated to mature in January 2022, carries an annual interest rate of LIBOR plus 0. (15-0)

Duke Realty's Properties Record Solid Demand in Cincinnati

2017-10-10 zacks
Duke Realty Corporation’s (DRE - Free Report) properties in Cincinnati have been experiencing solid demand for space. This has helped the company sign more than 1.1 million square feet of leases in third-quarter 2017, bringing the tally for the year to 2.5 million. Demand for space has been emanating from both new and existing tenants. The company has signed new leases with several new customers, while existing tenants have opted for renewals and expansions as they found the quality and location of buildings appropriate.

Duke Realty (DRE) Announces Leasing Activities in TRIP 13111

2017-10-10 zacks
Duke Realty Corporation (DRE - Free Report) announced that Ralph’s Transfer and a joint venture interest between Siemens Corporation and Chromalloy Gas Turbine Corporation have signed leases for a total of 274,085 square feet of space in Tampa Regional Industrial Park 13111. The above mentioned joint venture has inked a long-term lease for 210,723 square feet of space. The leased space will be used by Advanced Airfoil Components involved in the manufacturing and production of components that maximize gas turbine performance. (4-0)

Digital Realty Taps Growth in Silicon Valley With New Facility

2017-10-09 zacks
Data Center REIT Digital Realty Trust, Inc. (DLR - Free Report) recently announced the development of a six-megawatt facility at 3205 Alfred Street in Santa Clara, CA. The move will help the company expand its Silicon Valley Connected Campus. The new interconnected facility is slated for delivery in first-quarter 2018. Digital Realty expects making investments of around $75 million in this facility and benefit from the robust demand for data center space in Silicon Valley.

Stock Performance Review on REIT Industry -- CubeSmart, Duke Realty, Public Storage, and STAG Industrial

2017-10-04 prnewswire
If you want a Stock Review on CUBE, DRE, PSA, or STAG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Tuesday, the NASDAQ Composite ended the day at 6,531.71, up 0.23%; the Dow Jones Industrial Average edged 0.37% higher, to finish at 22,641.67; and the S&P 500 closed at 2,534.58, marginally gaining 0.22%. Gains were broad based as seven out of nine sectors finished the trading session in green. (30-1)

Initiating Research Reports on Credit Services Equities -- Blackhawk Network, Qiwi PLC, Equifax, and Yirendai

2017-10-04 prnewswire
If you want a Stock Review on HAWK, QIWI, EFX, or YRD then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com dedicates attention to the Credit Services space, which includes companies that originate, acquire, and service loans to individuals and corporations. Lined up for evaluation this morning are the following equities: Blackhawk Network Holdings Inc. (158-2)

The Zacks Analyst Blog Highlights: Apache, Pioneer Natural Resources, Resolute Energy, Cimarex Energy and WPX Energy

2017-09-29 zacks
Chicago, IL – September 29, 2017 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeApache Corp. (NYSE: (APA - Free Report)  – Free Report), Pioneer Natural Resources Co. (NYSE: (PXD - Free Report)  – Free Report), Resolute Energy Corp. (65-0)

Zacks Industry Outlook Highlights: Western Union Company, MoneyGram International, Centene, Visa and MasterCard

2017-09-29 zacks
Chicago, IL – September 29, 2017 – Today, Zacks Equity Research discusses the Industry: Business Services, Part 2, including The Western Union Company (NYSE: (WU - Free Report)  – Free Report), MoneyGram International Inc. (Nasdaq: (MGI - Free Report)  – Free Report), Centene Corp. (NYSE: (CNC - Free Report)  – Free Report), Visa Inc. (NYSE: (V - Free Report)  – Free Report) and MasterCard Inc. (NYSE: (MA - Free Report)  – Free Report). (64-0)

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