Real Estate Investment Trusts

搜索文档
Blue-Chip Stocks Are Flying High: Which Ones Still Deserve Your Money?
The Smart Investor· 2025-09-16 07:30
The Straits Times Index hit a fresh peak last week, staying above the 4,300 level. Singapore’s blue-chips are climbing to new peaks, with some stocks touching all-time highs almost weekly.If you’re sitting on the sidelines watching prices soar, you might be wondering if it is too late to get in? Or worse, are we heading for a correction?Here’s the thing: not all rallies are created equal. Some shares are just being swept along by market hype. Others are climbing because the businesses behind them are genuin ...
CAPREIT Provides Update on Previously Disclosed Dispositions in Europe
Globenewswire· 2025-09-16 05:35
This news release constitutes a “designated news release” for the purposes of CAPREIT’s prospectus supplement dated May 15, 2025, to its short form base shelf prospectus dated May 15, 2025. TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, subject to the completion of standard notary procedures, European Residential Real Estate Investment Trust (TSX:ERE.UN) (“ERES”) has closed on the previously announced disp ...
ERES Provides Update on Previously Disclosed Strategic Dispositions, Declares Special Distribution and Cessation of Monthly Distribution
Globenewswire· 2025-09-16 05:20
TORONTO, Sept. 15, 2025 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (“ERES” or “the REIT”) (TSX:ERE.UN) announced today that, subject to the completion of standard notary procedures, it has closed on the previously announced disposition of entities owning 1,446 residential suites in the Netherlands for aggregate proceeds, net of an adjustment for deferred taxes and other adjustments, of approximately €336 million. ERES further announced that, in addition to having closed on the sal ...
RioCan Real Estate Investment Trust Announces September 2025 Distribution
Businesswire· 2025-09-16 05:00
today announced a distribution of 9.65 cents per unit for the month of September. The distribution will be payable on October 7, 2025, to unitholders of record as at September 30, 2025. About RioCan RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity- based and mixed-use properties in densely populated communities. As at June 30, 2025, our portfo. TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust ("RioCan†) (TSX: REI.UN) ...
LTC Increases 2025 Investment Guidance 15% to $460 Million, up From $400 Million
Businesswire· 2025-09-16 04:17
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)---- $LTC #LTC--LTC Properties, Inc. (NYSE: LTC) ("LTC†or the "Company†), a real estate investment trust that primarily invests in seniors housing and health care properties, today announced it now expects 2025 investments to reach $460 million, up from $400 million, driven primarily by significant SHOP growth. Updated Investment Guidance LTC's investment guidance of $460 million includes approximately: $135 million of investments closed to date, including $35 mill ...
City Office REIT Announces Preferred Stock Dividends for Third Quarter 2025
Prnewswire· 2025-09-16 04:05
Accessibility StatementSkip Navigation VANCOUVER, Sept. 15, 2025 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office," "CIO" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock. The dividends will be payable on October 24, 2025 to preferred stockholders of record as of the close of business on October 10, 2025. As previously disclosed, City Office's Board ...
FCPT Declares Third Quarter 2025 Dividend
Businesswire· 2025-09-16 04:05
MILL VALLEY, Calif.--(BUSINESS WIRE)--Four Corners Property Trust, Inc. (NYSE: FCPT) today announced that its Board of Directors declared a quarterly cash dividend of $0.3550 per share (equivalent to $1.42 per share per annum) for the third quarter of 2025. The dividend is payable on October 15, 2025, to shareholders of record as of September 30, 2025. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing. ...
Artis Real Estate Investment Trust (AX.UN:CA) Discusses on Artis and RFA Combine to Form
Seeking Alpha· 2025-09-16 01:22
PresentationLadies and gentlemen, thank you for standing by, and welcome to today's conference call. I would now like to turn the conference over to Heather Nikkel, Senior Vice President of Investor Relations of Artis REIT. Please go ahead, Heather.Heather NikkelSenior Vice President of Investor Relations & Sustainability Thank you, operator, and good morning, everyone. Thank you for taking the time to join the call this morning. Today, we are very excited to walk you through the transformative business com ...
Artis Real Estate Investment Trust (AX.UN:CA) Discusses On Artis And RFA Combine To Form RFA Financial Call (Transcript)
Seeking Alpha· 2025-09-16 01:18
PresentationLadies and gentlemen, thank you for standing by, and welcome to today's conference call. I would now like to turn the conference over to Heather Nikkel, Senior Vice President of Investor Relations of Artis REIT. Please go ahead, Heather.Heather NikkelSenior Vice President of Investor Relations & Sustainability Thank you, operator, and good morning, everyone. Thank you for taking the time to join the call this morning. Today, we are very excited to walk you through the transformative business com ...
Artis Real Estate Investment Trust (OTCPK:ARES.F) M&A Announcement Transcript
2025-09-16 00:02
Artis REIT与RFA合并电话会议纪要分析 涉及的行业与公司 * 合并涉及房地产投资信托基金(REIT)行业和金融服务业[5] * 核心公司为Artis Real Estate Investment Trust(Artis)和RFA[2] * 合并后新实体将命名为RFA Financial 并在多伦多证券交易所(TSX)上市[7] 交易核心观点与战略依据 交易结构与所有权 * 交易预计于2026年第一季度完成 需获得惯例批准和满足交割条件[8] * 合并后 Artis普通单位持有人将持有68%的 pro forma所有权 RFA股东将持有32%[8] * 新公司将支付季度现金股息 初始设定为每股0.11加元 即年化每股0.44加元[8][28] 战略 rationale与价值创造 * 交易核心战略是将资本从Artis的房地产资产中释放 并轮换投入到RFA金融平台中更高回报率(ROE)的机会中[5][9] * 目标是通过将资本重新配置到比投资商业房地产资产获得 materially higher ROE 的机会中来创造价值[9] * 合并创造了结构性优势平台 将增长机会与资本配对[5] * Artis带来大型房地产组合和管理平台 其内在股权价值由稳定现金流、机构品质房地产、强大租约和战略地理位置支撑[5] * RFA贡献一个充满活力的银行业务 具有可扩展的经济性和强劲的经营势头[5] * 合并实体旨在提供增强的盈利能力和运营效率[6] * 为投资者提供了规模、增长和战略协同效应的组合 有潜力驱动超常回报[6] 增长机会与资本配置 * RFA平台拥有驱动有吸引力有机增长的记录 自2021年以来净收入复合年增长率(CAGR)达32%[18] * 管理层能够将资本重新部署到许多已识别的有机和无机机会中[9] * 预计未来3-5年总贷款资产将增长至80亿加元到120亿加元[25] * 目标是实现低至中 teens range 的目标ROE[25] * 计划进行13亿加元至15亿加元的累计资产销售[25] * 预计RFA Bank的净收入将以40%至50%的CAGR增长[26] * 将采取 disciplined approach to capital allocation 仅部署到最高风险调整后回报的选择上[10][20] 各业务板块详情 Artis房地产投资组合 * Artis拥有高质量、多元化的房地产组合 总面积约1000万平方英尺 涵盖92处物业 分布在加拿大和美国[16] * 组合多元化 涉及工业、零售、多户住宅和办公物业[16] * 自2023年中以来已完成约15亿加元的资产处置 处置价值接近IFRS公允价值[16] RFA金融平台 * RFA是一个多元化的金融服务平台 核心是加拿大Schedule 1银行[11] * 主要业务RFA Bank of Canada拥有约25亿加元资产[11] * 提供单户和多户住宅抵押贷款以及商业和建筑贷款 主要通过担保投资证(GICs)融资[11] * RFA Mortgage Corp专注于发起和销售私人保险的住宅抵押贷款 在截至2025年6月30日的12个月内完成了近30亿加元的住宅抵押贷款发起[13] * 平台还包括其他战略投资 包括对一家资产管理公司和财富管理公司的所有权 stake 其合并管理资产(AUM)为11亿加元[13] 财务目标与股息政策 财务目标 * 目标派息率低于65%[27] * 股息预计将完全由合并后实体的 robust earnings 覆盖[28] * 股息预计将被归类为加拿大应税投资者的合格股息(eligible dividends)[28] 中期目标 * 目标是在未来三到五年内将派息率维持在收益的65%以下[29] 领导团队与治理 * 合并后 Ben Rodney将担任RFA Financial的总裁兼首席执行官[7] * Samir Manji将担任RFA Financial的执行董事长[7] * 领导团队结合了重要的金融服务经验和长期房地产经验[10] * 董事会经验丰富 在资本市场、房地产、投资银行和公司治理方面拥有深厚专业知识[24] 其他重要信息 * 所有金额均以加元计算[4] * 讨论中包含前瞻性陈述和非GAAP财务指标[3][4] * Artis在公开市场上的交易价格相对于资产净值(NAV)存在 significant discount[18] * 加拿大金融服务业自2002年以来平均股本回报率(ROE)持续高于10%[21] * 合并提供了 diversification benefits 并使Artis单位持有人能够进入高度吸引人的加拿大金融服务 sector[10] * RFA Bank的前身是2019年收购的Street Capital[12]