Glimcher Realty Trust to sell $80 million worth of common shares in public offeringSeptember 14th, 2009 Glimcher Realty to sell $80M in common sharesCOLUMBUS, Ohio — Glimcher Realty Trust said Monday it has commenced an offer to sell $80 million worth of its common shares in a public sale. The Columbus, Ohio-based real estate investment trust said it will use the proceeds to pay down debt and for other expenses.
Brandywine Realty announces purchase of $100 million of notesSeptember 3rd, 2009 Brandywine Realty announces purchase of notesRADNOR, Pa. — Brandywine Realty Trust, a real estate investment trust, said Thursday it completed the purchase of $100 million of its 5.75 percent notes.
Kimco Realty repays $145M credit facility debtAugust 27th, 2009 Kimco Realty repays $145M debtNEW HYDE PARK, N.Y. — Real estate investment trust Kimco Realty Corp.
Federal Realty Investment Trust prices offering at $57.50, hopes to raise $95.6 millionAugust 11th, 2009 Federal Realty Investment Trust prices offeringROCKVILLE, Md. — Federal Realty Investment Trust said on Tuesday that its offering of more than 1.7 million shares has been priced at $57.50 each.
Healthcare Realty Trust declared dividend of 38.5 cents, payable Sept. 4August 11th, 2009 Healthcare Realty declares dividend of 38.5 centsNASHVILLE, Tenn. —Healthcare Realty Trust Inc.
Healthcare Realty Trust posts 35 percent jump in 2nd-qtr FFO as revenue risesAugust 11th, 2009 Healthcare Realty Trust 2Q FFO jumps 35 percentNASHVILLE, Tenn. —Healthcare Realty Trust Inc.
Healthcare Realty Trust replaces Wabash National in S&P SmallCap 600July 10th, 2009 Healthcare Realty Trust joins S&P SmallCap 600NEW YORK — Healthcare Realty Trust Inc. will replace truck-trailer manufacturer Wabash National Corp.
Newspaper: Vornado Realty Trust seeks investors to buy real estate at 'distressed' pricesJuly 7th, 2009 Report: Vornado mulls creating private equity fundCHICAGO — Office landlord Vornado Realty Trust is hoping to launch its own private equity fund to buy bargain-basement properties, according to a report published Tuesday. The Paramus, N.J., company is meeting with investors, hoping to raise $1 billion for its venture, tentatively called Vornado Capital Partners LP, according to The Wall Street Journal.
Weingarten Realty Investors expands, extends tender offerJune 29th, 2009 Weingarten Realty expands, extends tender offerHOUSTON — Real estate investment trust Weingarten Realty Investors said Monday it has expanded an offer to repurchase outstanding notes to a total $325 million, and extended the time it's giving investors to decide on the maximum tender offer. The new total is nearly $78 million higher than the the amount specified in the original June 1 offer to exchange convertible notes due in 2026, Houston-based Weingarten Realty said.
Judge approves Syms and Vornado's $62.4 million bid for Filene's BasementJune 18th, 2009 Judge approves bid for Filene's BasementNEW YORK — A judge on Wednesday approved Syms Corp. and Vornado Realty Trust's bid for discount chain Filene's Basement Inc., opened a century ago as the discount section of the New England department store chain Filene's.
Syms and Vornado to acquire Filene's Basement, executive saysJune 15th, 2009 Syms, Vornado to buy Filene's BasementNEW YORK — Discount retailer Syms Corp. and Vornado Realty Trust won an auction for the discount chain Filene's Basement, a Filene's executive said Monday.
Men's Wearhouse affiliate wins bankruptcy auction for Filene's Basement with $67 million bidJune 9th, 2009 Men's Wearhouse unit wins Filene's Basement bidNEW YORK — An affiliate of Men's Wearhouse won a bankruptcy auction to buy the Filene's Basement chain for $67 million and plans to keep operating most existing stores. The sale prevents the demise of a retailer well-known for brand-name discounts and its famous "Running of the Brides" annual wedding dress sale.
Parsvnath board okays proposal to raise Rs.25 billionMay 25th, 2009 NEW DELHI - Taking cue from the other realty majors, the board of real estate firm Parsvnath Developers Monday approved a proposal to raise up to Rs.2,500 crore (Rs.25 billion/$529 million) through qualified institutional placement (QIP). "The board has decided to raise funds by various means, including through issuance of further securities to persons other than the existing equity shareholders of the company and also by way of QIP to qualified institutional buyers (QIB) for raising a sum of up to Rs.2,500 crore," Parsvnath said in a regulatory statement.
REIT Vornado starts public offering of 15 million shares at $43 a shareApril 22nd, 2009 Vornado Realty begins public stock offeringPARAMUS, N.J. — Real estate investment trust Vornado Realty Trust, which operates office and retail properties, said Wednesday it began a public offering of 15 million common shares priced at $43 a share.
REIT Vornado Realty projects lower 1st-qtr funds from operations; higher revenueApril 22nd, 2009 Vornado Realty expects lower 1Q FFOPARAMUS, N.J. — Vornado Realty Trust, which operates office and retail properties, estimates it will post lower funds from operations in the first quarter, but higher revenue.