Hints and tips:
...Earlier this year, Elliott and Apollo Global Management invested a combined $900mn in Western’s convertible preferred stock....
...“A lot of institutional investors have just given up on them,” says Christopher Whalen, a veteran bank analyst who is the head of Whalen Global Advisors....
...Supporters include the likes of Koch Industries, the sprawling US conglomerate, which has poured hundreds of millions of dollars into both Victoria’s common and preferred equity in recent years....
...One of the investors in the Cerberus group is Kimco Realty....
...Adopting the Vanguard structure solves this problem by letting all investors choose their preferred share class. Despite this, few managers may attempt to follow Vanguard’s lead....
...“Many homeowners have decided not to rent and instead use their homes,” said Dana Trotter, with Sotheby’s International Realty in Bridgehampton, which has a short-term letting business....
...Digital Realty, a data centre Reit, paid out about 73 per cent of its cash flow in dividends....
...“Everyone is now more open to being more creative,” said Richard Johnson, a partner at Odyssey Retail Advisors....
...Mr Wilson noted that “the positive tax reform news forced a larger move toward cyclicals and relative tax beneficiaries that was funded by what seems like the universally preferred sector in the market –...
...He said they were working with global trust groups, as yet unnamed, and had received lots of interest from US investment advisors....
...Food, which Green Street Advisors calls “internet resistant”, now takes up about 9 per cent of space in US shopping centres — nearly double that of a decade ago....
...“We’ve always said our preferred pathway is a friendly, consensual deal negotiated privately,” he said. “It’s clear to us this is no longer about value.”...
...The lawsuit, brought by shareholder Capital Structures Realty Advisors, also targets biotech billionaire Patrick Soon-Shiong, who last week bought a 13 per cent stake in Tribune, for “aiding and abetting...
...“The transaction with Mr Soon-Shiong was done for only one purpose, to entrench the board,” Capital Structures Realty Advisors said in its complaint....
...Blackstone’s property arm has agreed to buy BioMed Realty Trust, a real estate investment trust that specialises in lab space for biomedical science companies, for about $8bn....
...David Einhorn’s Greenlight Capital, Bill Ackman’s Pershing Square Capital and Leon Cooperman’s Omega Advisors have all been hurt by the recent turbulence in financial markets....
...Madison International Realty, Third Avenue Management and EMS Capital between them hold nearly a third of the free float....
...Following a discussion, in which the Board of Directors provided its advisors with guidance on resolving the open issues with the Silver Lake/Warburg Pincus Consortium and requested that its advisors update...
...While retail is preferred in China and Brazil, office properties are being targeted in India....
...They have preferred to work on directors behind the scenes, believing public challenges and legal actions against the companies they own is expensive, embarrassing and damaging....
...Rather than return it to the US to pay dividends or fund buybacks and incurring an extra tax charge, most tech companies have preferred to wait – and lobby in Washington – for a tax holiday....
...“It has been surprising to us in recent months how investors don’t seem to care so much about balance sheet health,” said Lukas Hartwich, analyst at Green Street Advisors....
...Good total returns would also send a positive signal for future IPOs by the private equity shop,” said Cedrik Lachance, analyst at Green Street Advisors....
...Among other operators, Glimcher Realty Trust’s Jersey Garden shopping centre has benefited from international travellers to New York, while Macerich’s outlet in Niagara Falls targets Canadian shoppers from...
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