- American City Business Journals•4 hours ago
Alexander & Baldwin Inc. (ALEX), one the state’s largest landowners, is looking into becoming a real estate investment trust, which the Honolulu-based company said could greatly enhance its ability to pursue its core strategy of investing in Hawaii properties, the company said Thursday in its third-quarter earnings report. There are 42 real estate investment trusts doing business in Hawaii with an estimated net income of $720.6 million, according to a recent report by the state Department of Business, Economic Development and Tourism. The estimated corporate income tax revenues foregone by the state due to the REIT dividend-paid deduction was $35 million in 2014.
- Bloomberg•2 days ago
Landlords on Manhattan’s Fifth Avenue are sitting on a record amount of open space as retailers balk at committing to expensive new leases in one of the world’s most prestigious shopping districts.
General Growth Properties, Inc (GGP)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||24.59 x 100|
|Ask||28.11 x 200|
|Day's Range||24.60 - 25.53|
|52wk Range||24.43 - 32.10|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||34.30|
|Avg Vol (3m)||3,948,358|
|Dividend & Yield||0.80 (3.07%)|