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Activist Investor Jonathan Litt Targets First Industrial's 'Substantial' Discount To NAV
Land & Buildings Investment Management estimates there is a 30% upside in First Industrial Realty Trust's shares to its underlying asset value.
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Land & Buildings Investment Management estimates there is a 30% upside in First Industrial Realty Trust's shares to its underlying asset value.
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Oxford and AussieSuper have taken their European logistics joint venture to £1.2B
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Aberdeen will assume 100% ownership of Tritax by 2029 as it increases its stake in the logistics specialist amid a share bounce back in the sector.
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The biggest leases, sales and financing deals this week in New York City.
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Fortress, Ares and Blackstone are set to lose a combined $1.4B on United Site Services as Platinum gets ready to turn over control of the company to lenders.
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President Donald Trump said in a social media post that the American dream of buying and owning a home is increasingly out of reach for too many people.
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The buyers' interest comes as the REIT's investors are losing confidence in its board of directors.
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North American investment in London has dropped 69% since its 2015 peak.
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Real estate companies such as Enterprise Community Partners, Rudin Management Corp. and others are getting into the technology investment world.
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Allianz not shying away from London lending
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