Real estate trust Boston Properties votes to pay dividend of 50 cents Real estate investment trust Boston Properties Inc. said Friday its board declared a quarterly dividend of 50 cents. The dividend is payable April 30 to shareholders of record at the ...
Granite Construction, Skanska USA get $542M contract for PATH station at Trade Center site Granite Construction Inc., a contractor and producer of construction materials, said Wednesday it is part of a joint venture that received a $542 million contract with the Port ...
Highlights from the latest Beige Book economic survey of the Fed's 12 regional bank districts Highlights from the Federal Reserve's survey of economic conditions nationwide. The survey, released Wednesday and known as the Beige Book, is based on information collected from the ...
Cash-strapped Calif. puts 11 state office buildings up for sale to help close budget deficit California has put the "for sale" sign on 11 state office buildings, including the San Francisco Civic Center and the Ronald Reagan State Building in Los Angeles, ...
<div id="subtitle">PS Business Parks completes offering of common stock</div><div><p>PS Business Parks Inc. said Friday that it has completed its offering of 3.45 million common shares.</p><p>The real estate investment trust said the offering, priced at $46.50 per share ...
<div><p>Property developer SOHO China said it has agreed to buy a top Shanghai office building from US investment bank Morgan Stanley for around 2.45 billion yuan (358.7 million dollars).</p><p>The 52-storey office and retail complex, Dong Hai Plaza, is located in downtown Shanghai's ...
<div id="subtitle">U-Store-It makes $161.2M from public offering of 32.2M common shares; plans to pay off debt</div><div><p>Self storage company U-Store-It Trust said Wednesday it made $161.2 million from a public offering of 32.2 million common shares.</p><p>The ...
<div id="subtitle">Fitch: Banks face more difficult credit trends amid exposure to commercial real estate losses</div><div><p>Fitch Ratings analysts said Friday they expect U.S. banking companies to continue to face rising credit costs and a difficult operating environment in the coming months.</p><p ...
<div id="subtitle">Strategic Hotels appoints Raymond L. "Rip" Gellein Jr. and Eugene F. Reilly to board</div><div><p>Strategic Hotels & Resorts Inc. said Thursday that it has named Raymond L. "Rip" Gellein Jr. and Eugene F. Reilly as independent members of its board.</p><p ...
Shares of Hospitality Properties Trust drop on downgrad and 4th-quarter results Shares of Hospitality Properties Trust fell Thursday after an analyst downgraded the stock and said the hotel real estate investment trust is burning through security deposits, while fourth-quarter results missed expectations. ...
