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SATO Corporation
Jul 17, 2019 7:10 AM ET

SATO Corporation’s Half-Year Report 1 Jan–30 Jun 2019: Economic occupancy rate at a good level

iCrowdNewswire - Jul 17, 2019 - SATO Corporation, Half year financial report,  Summary for 1 Jan–30 Jun 2019 (1 Jan–30 Jun 2018) Net sales were EUR 146.5 (144.2) million. Profit before taxes was EUR 85.5 (126.8) million. Earnings per share were EUR 1.20 (1.79). The change in the fair value of investment properties included in the result was EUR 39.2 (67.4) million. Equity was EUR 1,582.8 (1,471.4) million, or EUR 27.96 (25.99) per share. Investments in rental. [more...]

Highwoods Signs Lease for 46,000 Square Feet at 11000 Weston New Customer for Raleigh Division with Strong Credit
Jul 17, 2019 7:05 AM ET

Highwoods Signs Lease for 46,000 Square Feet at 11000 Weston New Customer for Raleigh Division with Strong Credit

iCrowdNewswire - Jul 17, 2019 - RALEIGH, N.C., -- Highwoods Properties, Inc. (NYSE:HIW) has signed a lease for 46,000 square feet at 11000 Weston Parkway in Cary NC, one of Raleigh’s BBDs.  The lease is with a new customer for the Company’s Raleigh division with a strong credit profile.  11000 Weston is a 178,000 square foot property that was formerly solely occupied by Fidelity Investments.  Ed Fritsch, CEO stated, “We’re nearing completion of upgrades to the common areas of. [more...]

New Forecast Predicts U.S. Real Estate Appreciation to Remain +3.7 Percent For second straight quarter, VeroFORECAST™ projects average 12-month appreciation in top 100 U.S. markets is leveling off after falling from 4.5 percent a year ago
Jul 17, 2019 7:00 AM ET

New Forecast Predicts U.S. Real Estate Appreciation to Remain +3.7 Percent For second straight quarter, VeroFORECAST™ projects average 12-month appreciation in top 100 U.S. markets is leveling off after falling from 4.5 percent a year ago

iCrowdNewswire - Jul 17, 2019 - SANTA ANA, Calif., -- According to the latest VeroFORECAST™ report from Veros® Real Estate Solutions (Veros), Q2 2019 data shows the average projected appreciation rate for residential real estate in the nation's 100 largest markets will be +3.7 percent over the 12 months ending June 1, 2020. This maintains the rate predicted in the first quarter 2019 forecast and signifies a leveling out after a four-quarter decline from a projected appreciation rate of +4.5. [more...]

The Landmark @ One Market Achieves First BREEAM USA Certification in San Francisco The world’s most widely used green building standard offers credible, flexible and cost-effective method for understanding and certifying building sustainability performance
Jul 17, 2019 6:55 AM ET

The Landmark @ One Market Achieves First BREEAM USA Certification in San Francisco The world’s most widely used green building standard offers credible, flexible and cost-effective method for understanding and certifying building sustainability performance

iCrowdNewswire - Jul 17, 2019 - SAN FRANCISCO, -- American Assets Trust, Inc. (NYSE:AAT), a full service, vertically integrated and self-administered real estate investment trust, or REIT, Able Services, the USA’s largest family-owned and privately held provider of facility solutions, and BRE Global, a world leading, multi-disciplinary building science organization, today announced that The Landmark @ One Market, one of San Francisco’s most architecturally distinct and historic properties, is the first building in San Francisco to. [more...]

Crown and Plaza Partners team-up for mixed-use redevelopment project at 30 Eglinton Avenue West, Mississauga
Jul 17, 2019 6:50 AM ET

Crown and Plaza Partners team-up for mixed-use redevelopment project at 30 Eglinton Avenue West, Mississauga

iCrowdNewswire - Jul 17, 2019 - TORONTO,  -- Crown Realty Partners ("Crown") and Plaza Partners announced the closing of a joint acquisition at 30 Eglinton Avenue West, located at the intersection of Eglinton Avenue West and Hurontario Street, in Mississauga.  30 Eglinton is comprised of a 113,435 square foot office building and 51,296 square feet of retail on a 6.4 acre site. The property, located at a prominent intersection in downtown Mississauga, is a prime location. [more...]

Nexity: Press release
Jul 17, 2019 6:45 AM ET

Nexity: Press release

iCrowdNewswire - Jul 17, 2019 - Paris, Nexity has been informed that New Port, Nexity’s managing company chaired by Alain Dinin, increased its shareholding in Nexity to 8.06%, following a capital increase by way of a contribution in kind and in cash subscribed by more than 60 new Nexity’s managers. New Port now counts more than 150 invested managers. New Port, Crédit Mutuel Arkéa, and around 80 other Nexity key managers and employees acting in concert,. [more...]

Alexander’s Announces Vornado Realty Trust Quarterly Conference Call
Jul 17, 2019 6:40 AM ET

Alexander’s Announces Vornado Realty Trust Quarterly Conference Call

iCrowdNewswire - Jul 17, 2019 - PARAMUS, N.J.,  -- ALEXANDER’S, INC. (NYSE: ALX) today announced that Vornado Realty Trust (NYSE: VNO), the manager which conducts Alexander’s operations, will host a quarterly earnings conference call and an audio webcast on Tuesday, July 30, 2019 at 10:00 a.m. Eastern Time (ET). On the call, information concerning Alexander’s may be discussed. The conference call can be accessed by dialing 888-771-4371 (domestic) or 847-585-4405 (international) and indicating to the operator. [more...]

Consolidated-Tomoka Announces Acquisition of a Single-Tenant Office Property in Reston, Virginia for $18.6 Million
Jul 17, 2019 6:35 AM ET

Consolidated-Tomoka Announces Acquisition of a Single-Tenant Office Property in Reston, Virginia for $18.6 Million

iCrowdNewswire - Jul 17, 2019 - DAYTONA BEACH, Fla.,  -- Consolidated-Tomoka Land Co. (NYSE American: CTO) (the “Company”) today announced the acquisition of an approximately 64,000 square foot,  single-tenant office property in Reston, Virginia (the “Reston Property”) for approximately $18.6 million, or approximately $289 per square foot.  The Reston Property is situated on approximately 3 acres and is 100% leased to a wholly owned subsidiary of General Dynamics Corporation, one of the largest defense contractors in. [more...]

ornado Announces Certain Items to be Included in its Second Quarter 2019 Financial Results Including the Non-Cash Impairment Charges Related to Topshop at 608 Fifth Avenue
Jul 17, 2019 6:30 AM ET

ornado Announces Certain Items to be Included in its Second Quarter 2019 Financial Results Including the Non-Cash Impairment Charges Related to Topshop at 608 Fifth Avenue

iCrowdNewswire - Jul 17, 2019 - NEW YORK,  -- Vornado Realty Trust (NYSE: VNO) today announced that its financial results for the three months ended June 30, 2019 will include the items listed in the table below, resulting in an increase in net income attributable to common shareholders ("net income") of $12.37 per diluted share and a decrease in FFO attributable to common shareholders plus assumed conversions ("FFO") of $0.05 per diluted share.   For the. [more...]

Vornado Announces Second Quarter 2019 Earnings Release Date and Conference Call Information
Jul 17, 2019 6:25 AM ET

Vornado Announces Second Quarter 2019 Earnings Release Date and Conference Call Information

iCrowdNewswire - Jul 17, 2019 - NEW YORK, -- VORNADO REALTY TRUST (NYSE: VNO) announced today that it will file its quarterly report on Form 10-Q for the quarter ended June 30, 2019 with the U.S. Securities and Exchange Commission and issue its second quarter earnings release on Monday, July 29, 2019, after the New York Stock Exchange has closed.  The Company will host a quarterly earnings conference call and an audio webcast on Tuesday, July. [more...]

Realtree United Country Hunting Properties Launches New TV Series “Pay Dirt” Series Offers Valuable Knowledge to Land Owners, Buyers and Sellers
Jul 17, 2019 6:20 AM ET

Realtree United Country Hunting Properties Launches New TV Series “Pay Dirt” Series Offers Valuable Knowledge to Land Owners, Buyers and Sellers

iCrowdNewswire - Jul 17, 2019 - Kansas City, Mo.,  -- Realtree United Country Hunting Properties, announced today a new digital television series that debuted on July 15th. The new series, called Pay Dirt, provides specialized information and techniques for improving and optimizing hunting and recreational land across the U.S.  “Whether you’re looking to buy land or you would like to improve the land you own there is a lot of great content. Pay Dirt has the information,. [more...]

Hubilu Real Estate Acquisition Company Acquires A Real Estate Company In Los Angeles Including Its Student Housing Property
Jul 17, 2019 6:15 AM ET

Hubilu Real Estate Acquisition Company Acquires A Real Estate Company In Los Angeles Including Its Student Housing Property

iCrowdNewswire - Jul 17, 2019 - BEVERLY HILLS, CA, -- Hubilu Venture Corporation (the "Company") (OTC PINK: HBUV), a publicly traded real estate consulting, asset management and business acquisition company, which specializes in acquiring student housing income properties and development/business opportunities located near USC and Metro stations within the Los Angeles area, announces that it has acquired a Beverly Hills real estate company, including its real property asset. The company, Elata Investments, LLC, ("Elata") includes a. [more...]

Rastegar Property Acquires Prominent High-rise Lot in Downtown Phoenix for Commercial and Residential Development Downtown Phoenix lot to feature multifamily high-rise with retail space amid the city’s nation-leading job growth
Jul 17, 2019 6:10 AM ET

Rastegar Property Acquires Prominent High-rise Lot in Downtown Phoenix for Commercial and Residential Development Downtown Phoenix lot to feature multifamily high-rise with retail space amid the city’s nation-leading job growth

iCrowdNewswire - Jul 17, 2019 - AUSTIN, Texas, -- Rastegar Property, a vertically-integrated real estate investment firm focused on value-add and development in all asset classes across the United States, today announced its acquisition of a prominently-located high-rise lot in downtown Phoenix, AZ in anticipation of the city’s rapidly growing demand for residential and commercial real estate space. Located at 334 N. 4th Ave., the 26,500+ square foot high-rise lot is near many employers, higher education. [more...]

Colliers International Group Inc. Announces Normal Course Issuer Bid
Jul 17, 2019 6:00 AM ET

Colliers International Group Inc. Announces Normal Course Issuer Bid

iCrowdNewswire - Jul 17, 2019 - TORONTO,  -- Colliers International Group Inc. (NASDAQ: CIGI) (TSX: CIGI) (“Colliers”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted a notice filed by Colliers of its intention to make a normal course issuer bid (the “NCIB”) with respect to its outstanding subordinate voting shares (the “Subordinate Voting Shares”). The notice provides that Colliers may, during the twelve month period commencing July 18, 2019 and ending no later. [more...]

Jul 16, 2019 7:10 AM ET

San Joaquin Valley Homes and Presidio Residential Capital to Hold Grand Opening at Cambria in Porterville, Calif., on Saturday, July 20 New Community Offering 80 Single-Family Homes on 15 Acres

iCrowdNewswire - Jul 16, 2019 - PORTERVILLE, Calif.,  -- San Joaquin Valley Homes (SJV Homes) and Presidio Residential Capital will hold a grand opening at Cambria, a new neighborhood with 80 single-family detached garden homes on 15 acres in northwest Porterville, Calif., on Saturday, July 20, from 10 a.m. to 6 p.m. “The beautiful homes at Cambria offer a wide variety of options and upgrades for growing families as well as empty nesters,” said Danny Garcia, vice president of sales at. [more...]

BRT Apartments Corp. Announces Sale of Two Properties for $33.2 Million
Jul 16, 2019 7:05 AM ET

BRT Apartments Corp. Announces Sale of Two Properties for $33.2 Million

iCrowdNewswire - Jul 16, 2019 - GREAT NECK, N.Y.,  -- BRT Apartments Corp. (NYSE:BRT) today announced the sale of Stonecrossing Apartments and Stonecrossing East, located in Houston, Texas, in which the Company held a 91% joint venture equity interest.  These properties, comprised of 384 units, produced an annual IRR greater than 17% over six years.  The properties were sold for an aggregate gross sales price of $33.2 million and a gain of $9.9 million, of which. [more...]

AppFolio, Inc. Announces Date of Second Quarter Fiscal Year 2019 Financial Results Conference Call
Jul 16, 2019 7:00 AM ET

AppFolio, Inc. Announces Date of Second Quarter Fiscal Year 2019 Financial Results Conference Call

iCrowdNewswire - Jul 16, 2019 - SANTA BARBARA, Calif., -- AppFolio, Inc. (NASDAQ: APPF), a leading provider of cloud-based business software solutions in the real estate and legal markets, today announced that it will report its second quarter 2019 financial results after the close of the U.S. financial markets on Monday, July 29, 2019. AppFolio will host a conference call to discuss financial results at 1:30 p.m. Pacific Time, 4:30 p.m. Eastern Time, on Monday, July. [more...]

Brookfield Asset Management 2019 Second Quarter Results Conference Call and Webcast
Jul 16, 2019 6:50 AM ET

Brookfield Asset Management 2019 Second Quarter Results Conference Call and Webcast

iCrowdNewswire - Jul 16, 2019 - BROOKFIELD, NEWS,  -- Brookfield Asset Management (NYSE:BAM)(TSX:BAM.A)(EURONEXT AMSTERDAM:BAMA): Second Quarter Conference CallYou are invited to participate in Brookfield Asset Management’s 2019 Second Quarter Conference Call & Webcast on Thursday, August 8, 2019 at 11:00 a.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives. These results will be released on August 8th before 7:00 a.m. (Eastern Time) and will be available following the release on our website at www.brookfield.com . [more...]

Hubzu Celebrates 10th Anniversary A decade of service expansion, technology enhancements and growth has established Hubzu as a leading online real estate auction marketplace
Jul 16, 2019 6:40 AM ET

Hubzu Celebrates 10th Anniversary A decade of service expansion, technology enhancements and growth has established Hubzu as a leading online real estate auction marketplace

iCrowdNewswire - Jul 16, 2019 - LUXEMBOURG, -- Hubzu, a leading online real estate marketing platform, today announced the celebration of 10 years of innovation in the real estate auction industry. Hubzu has established itself as one of the nation’s largest online residential real estate auction marketing platforms providing buyers, sellers and realtors with innovative technology and strong customer support. Since its inception in 2009, Altisource has facilitated the sale of over 248,000 properties with the vast. [more...]

SmartCentres and Mitchell Goldhar Announce Scotiabank as New Tenant in PwC-YMCA Tower at Vaughan Metropolitan Centre
Jul 16, 2019 6:40 AM ET

SmartCentres and Mitchell Goldhar Announce Scotiabank as New Tenant in PwC-YMCA Tower at Vaughan Metropolitan Centre

iCrowdNewswire - Jul 16, 2019 - TORONTO, -- SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) and Mitchell Goldhar announced today that they have signed a 10-year (plus two 5-year extensions) lease transaction with Scotiabank in the PwC-YMCA Tower at SmartCentres Place in the Vaughan Metropolitan Centre (“VMC”). The PwC-YMCA Tower (the “Tower”) is a 220,000 square foot mixed-use office tower located in the heart of the VMC adjacent to the VMC subway station and bus terminal.. [more...]

Hubzu Launches New Mobile Technology Features Mobile app and SMS notifications allow users to stay engaged in home auctions through real-time alerts and the ability to place bids via SMS
Jul 16, 2019 6:35 AM ET

Hubzu Launches New Mobile Technology Features Mobile app and SMS notifications allow users to stay engaged in home auctions through real-time alerts and the ability to place bids via SMS

iCrowdNewswire - Jul 16, 2019 - LUXEMBOURG, -- Hubzu, a leading online real estate marketing platform, today announced the launch of new mobile technology features including a mobile app and SMS notifications. These features allow Hubzu users to further engage and interact during the search and online auction phases by receiving real-time notifications regarding auction outbids, auction end times, foreclosure auction alerts, auction bid prices and new properties. Bids can now be placed directly through the mobile. [more...]

Jul 16, 2019 6:30 AM ET

Melcor REIT declares July, August and September distributions, unchanged from previous months; announces Q2-2019 conference call details

iCrowdNewswire - Jul 16, 2019 - EDMONTON, Alberta,  --  Melcor Real Estate Investment Trust (TSX: MR.UN) today announced that the Trustees of the REIT have declared cash distributions of $0.05625 per unit for the months of July, August and September 2019, unchanged from previous months. The July, August and September distributions will be payable as follows: Month Record Date Distribution Date Distribution Amount July 2019 July 31, 2019 August 15, 2019 $0.05625 per unit August 2019. [more...]

Northview Apartment REIT Announces July 2019 Distribution
Jul 16, 2019 6:15 AM ET

Northview Apartment REIT Announces July 2019 Distribution

iCrowdNewswire - Jul 16, 2019 - CALGARY, Alberta,  -- Northview Apartment Real Estate Investment Trust (NVU.UN - TSX) announced its July 2019 monthly distribution in the amount of $0.1358 per trust unit. The distribution will be payable on August 15, 2019 to holders of trust units of record at July 31, 2019.CORPORATE PROFILE Northview is one of Canada's largest publicly traded multi-family REITs with a portfolio of approximately 27,000 quality residential suites and 1.2 million square. [more...]

CAPREIT Announces July 2019 Distribution
Jul 16, 2019 6:10 AM ET

CAPREIT Announces July 2019 Distribution

iCrowdNewswire - Jul 16, 2019 - TORONTO,  -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its July 2019 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The July distribution will be payable on August 15, 2019 to Unitholders of record on July 31, 2019. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive. [more...]

Black Creek Group Industrial Real Estate Investment Platform to be acquired by Prologis for $3.99 Billion
Jul 16, 2019 6:05 AM ET

Black Creek Group Industrial Real Estate Investment Platform to be acquired by Prologis for $3.99 Billion

iCrowdNewswire - Jul 16, 2019 - DENVER,  -- Black Creek Group, a Denver-based real estate investment manager and development firm with a more than 25-year history, today announced its sponsored investment platform, Industrial Property Trust Inc. (IPT), has entered into a merger agreement pursuant to which it will be acquired by an affiliate of Prologis, Inc. (NYSE: PLD) in an all cash transaction valued at approximately $3.99 Billion, subject to adjustment for certain transaction costs. The. [more...]

Vision Capital Corporation Comments on Sales Process of Pure Multi-Family REIT LP Unitholders concerned with the Board’s failure to respond to premium all cash offer
Jul 16, 2019 6:04 AM ET

Vision Capital Corporation Comments on Sales Process of Pure Multi-Family REIT LP Unitholders concerned with the Board’s failure to respond to premium all cash offer

iCrowdNewswire - Jul 16, 2019 - TORONTO,  -- Vision Capital Corporation, on behalf of various investment funds it advises (“Vision”), today commented on the ongoing exclusive negotiations between Pure Multi-Family REIT LP (“Pure”) and an unnamed third party in relation to a potential transaction as well as the recent proposal by American Landmark/Electra America (“ALEA”) to acquire 100% of the outstanding Class A Units (“Units”) of Pure for an all-cash price per Unit of US$7.61.  Vision. [more...]

Terrafina Announces a 10-Year Senior Unsecured International Bond Issuance for US$500 Million
Jul 16, 2019 6:00 AM ET

Terrafina Announces a 10-Year Senior Unsecured International Bond Issuance for US$500 Million

iCrowdNewswire - Jul 16, 2019 -   MEXICO CITY,  -- Terrafina (”TERRA”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, leasing and management of industrial real estate properties in Mexico, announced today the issuance of a 10-year senior unsecured note placement in the international markets for US$500 million (the “Notes”) under Rule 144A and Regulation S format. The US$500 million bond. [more...]

Middlefield REIT INDEXPLUS ETF Distributions
Jul 15, 2019 6:30 AM ET

Middlefield REIT INDEXPLUS ETF Distributions

iCrowdNewswire - Jul 15, 2019 - CALGARY, Alberta,  -- Middlefield REIT INDEXPLUS ETF (TSX: IDR) (the “Fund”) is pleased to announce that distributions for the third quarter of 2019 will be payable to unitholders of Middlefield REIT INDEXPLUS ETF as follows:   Record Date   Payable Date Distribution Per Trust Unit July 31, 2019 August 15, 2019 $0.075 August 31, 2019 September 13, 2019 $0.075 September 30, 2019 October 15, 2019 $0.075 The trust units trade on the Toronto. [more...]

Middlefield Can-Global REIT Income Fund Distributions
Jul 15, 2019 6:25 AM ET

Middlefield Can-Global REIT Income Fund Distributions

iCrowdNewswire - Jul 15, 2019 - CALGARY, Alberta,  -- Middlefield Can-Global REIT Income Fund (TSX: RCO.UN) (the “Fund”) is pleased to announce that distributions for the third quarter of 2019 will be payable to unitholders of Middlefield Can-Global REIT Income Fund as follows:   Record Date   Payable Date Distribution Per Trust Unit July 31, 2019 August 15, 2019 $0.05416 August 31, 2019 September 13, 2019 $0.05416 September 30, 2019 October 15, 2019 $0.05416 The trust units trade on the Toronto Stock. [more...]

Sterling Organization Acquires Two-Building, High Street Retail Portfolio on Melrose Avenue in West Hollywood, CA for $35.0 million. Sterling Organization has announced the acquisition of a two-building, high street retail portfolio on one of L.A.’s premier retail corridors.
Jul 15, 2019 6:10 AM ET

Sterling Organization Acquires Two-Building, High Street Retail Portfolio on Melrose Avenue in West Hollywood, CA for $35.0 million. Sterling Organization has announced the acquisition of a two-building, high street retail portfolio on one of L.A.’s premier retail corridors.

iCrowdNewswire - Jul 15, 2019 - West Palm Beach, FL,  -- Sterling Organization, a vertically integrated private equity real estate investment firm, has announced the acquisition of a two-building, high street retail portfolio located along Melrose Avenue in West Hollywood, CA – one of L.A.’s premier retail corridors. The portfolio was purchased on behalf of Sterling Organization’s third institutional Value-Add Fund, Sterling Value Add Partners III, LP (“SVAP III”), for $35.0 million.The buildings are both situated. [more...]