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Zacks News
Piedmont's Baa2 Rating Affirmed by Moody's, Outlook Stable
by Zacks Equity Research
Moody's Investors Service, the rating arm of Moody's Corporation (MCO), has affirmed Piedmont Office Realty Trust, Inc.'s (PDM) senior unsecured debt rating of Baa2.
4 REITs Building Investors Hopes This Earnings Season
by Zacks Equity Research
The overall U.S. industrial real estate market remained upbeat in first-quarter 2017
Piedmont Unveils Q1 Leasing and Capital Market Activities
by Zacks Equity Research
Piedmont Office Realty Trust, Inc. (PDM) recently announced that it has leased around 400,000 square feet in first-quarter 2017.
Should You Retain Duke Realty (DRE) in Your Portfolio Now?
by Zacks Equity Research
Duke Realty's strategically located portfolio of industrial assets is likely to assist in leveraging on the growing demand for premium logistic facilities amid limited supply.
Hudson Pacific (HPP) Inks 10-year Lease Deal with Google
by Zacks Equity Research
Office REIT, Hudson Pacific Properties, Inc. (HPP), recently roped in Google, Inc. as a tenant at its Rincon Center II office tower in San Francisco.
Rayonier (RYN) to Acquire Timberlands in U.S. South Markets
by Zacks Equity Research
Timber REIT, Rayonier Inc. (RYN) is expanding its presence through timberlands acquisitions in the U.S. South coastal Atlantic markets.
First Potomac (FPO) Disposes JV Assets for $59.5 Million
by Moumita Chattopadhyay
First Potomac Realty Trust (FPO) declared selling of two joint-venture assets for $59.5 million. The move is in sync with its previously announced plan of $350 million worth of asset dispositions.
Should You Retain Mack-Cali (CLI) in Your Portfolio Now?
by Moumita Chattopadhyay
Late in February, Mack-Cali reported a better-than-expected performance for fourth-quarter 2016. The better-than-expected result was driven by increased base rents in 2016.
Mack-Cali (CLI) Q4 FFO Beats Estimates, Reaffirms Outlook
by Zacks Equity Research
Mack-Cali Realty Corp. (CLI) reported fourth-quarter 2016 core funds from operations ("FFO") per share of 56 cents, beating the Zacks Consensus Estimate by a penny.
Piedmont Office Realty Trust (PDM): Moving Average Crossover Alert
by Zacks Equity Research
Piedmont Office Realty Trust, Inc. (PDM) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front
Piedmont Unveils Q4 Leasing & Capital Market Activities
by Zacks Equity Research
Piedmont Office Realty Trust, Inc. (PDM) recently declared that it has leased more than 2 million square feet in 2016, of which 400,000 square feet were executed in the fourth quarter alone.
Why All Is Not Well with REITs
by Zacks Equity Research
Ironically, increasing consumer spending on online platforms has emerged as a pressing concern for retail REITs, as the trend is curtailing demand for retail real estate space.