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Stock Market & Financial Investment News

News Breaks
January 7, 2014
06:19 EDTOFC, BDN, BMR, SLG, PKY, PDM, GOV, KRC, HPP, DEI, DFTOffice REIT sector upgraded to Market Weight at Wells Fargo
Wells Fargo upgraded the Office REIT sector to Market Weight from Underweight citing relative valuations and improving office fundamentals. The firm has Outperform ratings on shares of Corporate Office Properties (OFC), Douglas Emmett (DEI), Hudson Pacific (HPP) and Kilroy Realty (KRC). Wells has Underperform ratings on Government Properties (GOV) and Piedmont Office Realty (PDM).
News For OFC;DEI;HPP;KRC;GOV;PDM;PKY;SLG;BMR;BDN;DFT From The Last 14 Days
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October 20, 2014
07:10 EDTPDMPiedmont Office Realty executes 684,000 square feet of leasing in Q3
Piedmont Office Realty Trust announced that it executed approximately 684,000 square feet of total leasing, including 389,000 square feet of previously unoccupied space - the second highest quarter of new, unoccupied leasing on record for the firm. The Company also completed the purchase of one strategic asset in the Q3 of 2014.
October 16, 2014
19:43 EDTDEIDouglas Emmett acquires multi-tennant office property for $75.3M
Douglas Emmett announced that it has acquired a 216,000 square foot Class "A" multi-tenant office property named Carthay Campus for a contract price of $75.3M, or $348 per square foot. The property is approximately 83% leased and consists of two office buildings connected by a park. Douglas Emmett financed the purchase using available cash and a portion of its credit line.
06:03 EDTOFCCorporate Office Properties announces CFO transition plan
Corporate Office Properties CFO Stephen E. Riffee will fulfill his employment contract term through March 31, 2015 and then pursue other interests. As part of a planned succession, COPTís Board of Trustees appointed Anthony Mifsud, Senior VP of Finance and Treasurer, to CFO effective April 1, 2015. Mr. Mifsud, age 50, joined the company in 2007 and has served as its Senior VP, Finance and Treasurer since January 2011.
October 13, 2014
06:17 EDTSLGSL Green Realty upgraded to Buy from Neutral at UBS
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October 9, 2014
08:37 EDTBDNCampbell names Brandywine Realty as developer of Gateway District Development
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October 7, 2014
16:07 EDTPKYParkway Properties announces agreement to sell portfolio of buildings for $237M
Parkway Properties announced that it has reached an agreement to sell a portfolio of 19 office buildings for a gross sale price of $237.0M. Parkway recently agreed to purchase the 19 office assets, which are located in six states and total approximately 2.1M square feet, as part of the same transaction pursuant to which Parkway has agreed to acquire Corporate Center I, II, and III at International Plaza located in the Westshore submarket of Tampa, Florida. The 19 office assets that Parkway has agreed to sell are not consistent with Parkway's current investment strategy. As part of the agreement, the prospective buyer posted a $10.0M earnest money deposit. Parkway expects the closing of the sale of the 19 office portfolio to occur during Q4.
10:02 EDTBMROn The Fly: Analyst Initiation Summary
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06:20 EDTBMRBioMed Realty initiated with a Buy at Mizuho
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