89.80 0.00 (0.00%)
After hours: 7:10PM EST
|Bid||89.64 x 900|
|Ask||89.53 x 1200|
|Day's Range||89.44 - 91.40|
|52 Week Range||55.21 - 92.80|
|Beta (3Y Monthly)||1.02|
|PE Ratio (TTM)||32.09|
|Earnings Date||Jan 20, 2020 - Jan 24, 2020|
|Forward Dividend & Yield||2.12 (2.33%)|
|1y Target Est||94.63|
Terra plans to build 1,369 apartments after purchasing land in northwest Miami-Dade County for $52 million. AMB I-71 LLC, a subsidiary of Prologis (NYSE: PLD), sold 70 acres on the west side of Interstate 75 and the north side of Northwest 170th Street to Miami-based Terra. The vacant land was recently rezoned by the county for multifamily development.
Real estate investment trusts (REITs) - companies that invest in a variety of properties, from office buildings to apartments and self-storage buildings - built big gains in 2019.A prominent REIT gauge, the FTSE Nareit All Equity REIT Index, gained 25.4% through Nov. 21 (including dividends), with many of the best REITs doing far better. In contrast, the small-cap Russell 2000 Index (used for comparison because the majority of REITs are smaller companies) has gained 18.9%.Of course, people don't ordinarily invest in REITs to beat the stock market averages. They invest in them for income. By law, REITs must pay out at least 90% of their net earnings as dividends. The average REIT in the FTSE index delivers a dividend yield of 3.6%, compared with 1.8% for both the bellwether 10-year Treasury note and the S&P; 500\. When the yield of bonds and stocks are so low, REITs become extremely popular.Real estate also provides diversification. While REITs are still stocks, they don't always move in the same direction as the broad market. And their above-average dividend yields are a nice shelter in a downturn.While you can invest in a real estate fund, such as the Vanguard Real Estate ETF (VNQ), there are plenty of good individual REITs to buy, many of which offer high yields and reasonable valuations, despite the sector's towering heights this year. "REITs are not a homogenous group," says Chris Kuiper, equity analyst at CFRA Research. In just the past year, REITs have a performance difference of 160 percentage points.Which ones have the top prospects for the future? Read on as we examine the 10 best REITs to buy for 2020. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement
Healthpeak's (PEAK) lease amendment and extension with Amgen at the Britannia Oyster Point of the former offers flexibility in addressing lease-expiration issue at this property.
SL Green Realty (SLG) witnessing solid demand for space at its properties, particularly from tenants within the TAMI, FIRE and legal sectors.
On Dec 9, the fear gauge jumped 16% as uncertainties in the closure of U.S.-China trade deal instilled fear in investors. Here are five defensive stocks to shield your portfolio.
Logistics real estate giant Prologis Inc. (NYSE: PLD) said it will develop properties in China valued at $3.5 billion, buy an existing portfolio of Chinese logistics assets with a value of $1.7 billion in a multipronged expansion into the fast-growing Chinese logistics warehouse and distribution market. Under the program, Prologis and HIP China Logistics Investments Ltd., which already have partnerships in other ventures, will spend $882 million to develop the $3.5 billion property slate. Prologis has also formed a fund called PCCLF that will acquire the 22 million-square-foot portfolio with the $1.7 billion market value.
SL Green Realty's (SLG) dividend hike marks the ninth consecutive year of such increase. The company has also authorized an increase of $500 million to its ongoing share-repurchase program.
Our call of the day from wealth manager Ross Gerber takes a look at a home-run stock-pick in 2019 and some possibilities for the coming year.
In line with its strategy of sharing growth in cash flows from operating activities with stockholders, Alexandria Real Estate Equities (ARE) announces a 3% dividend hike.
Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 26% in 2019 (through November 22nd). Conversely, hedge […]
The Board of Directors of Prologis, Inc. (NYSE: PLD), declared a regular cash dividend for the quarter ending December 31, 2019, on the following securities:
Prologis (PLD) eyes growth in China with development-venture expansion, and open end fund formation to capitalize on its huge consumption market and rapid pace of growth of the e-commerce business.
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced that Prologis, L.P. will redeem all of its Floating Rate Notes due January 29, 2020 (CUSIP: 74340X BG5, the "bonds"), following which the bonds will be delisted from the New York Stock Exchange. The estimated redemption price will be at a price equal to 100 percent of the principal amount of the bonds outstanding, plus interest accrued to the redemption date for an aggregate payment of €1,000 per €1,000 in principal amount issued and outstanding as of the redemption date. Interest on the principal amount shall cease to accrue on and after the redemption date, which is January 3, 2020.
Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced the expansion of its development venture in China and increased its development capacity to more than US$3.5 billion. Prologis also announced the formation of its new US$1.7 billion open-ended Prologis China Core Logistics Fund, LP ("PCCLF" or the "Fund").
In order to capitalize on the growing demand for warehouse/distribution space in Greenfield North Business Park, Duke Realty (DRE) commences the construction of a speculative property.
Vornado Realty (VNO) boosts financial strength by securing refinancing loan worth $800 million for its Manhattan office and retail property.
PS Business Parks (PSB) is likely to ride high with solid demand for industrial real estates and strategic buyouts, though rising supply and dilutive impact from asset sales remain woes.
As consumers are expected to splurge this holiday season amid healthy labor market and high consumer confidence, don't forget to add some REIT stocks that house retailers or support e-retailing.
Prologis (PLD) appears to be a prudent investment pick at the moment as it continues to display robust fundamentals and improving prospects, as well as appreciates 26.3% in six months' time.
Logistics real estate giant Prologis Inc . (NYSE: PLD ) and Norges Bank Investment Management, the investment arm of Norway's oil fund, have struck a deal to acquire a 19 million-square-foot U.S. portfolio ...