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Digital Realty Announces Pricing of €850 million of Guaranteed Notes due 2034
Prnewswire· 2025-06-17 20:10
Core Viewpoint - Digital Realty, the largest global provider of cloud- and carrier-neutral data center solutions, announced the pricing of €850 million in 3.875% Guaranteed Notes due 2034, indicating a strong capital raising effort to support its operational and growth strategies [1][2]. Group 1: Offering Details - The offering consists of €850 million aggregate principal amount of 3.875% Guaranteed Notes, priced at 99.137% of the principal amount [1]. - The Euro Notes will be senior unsecured obligations and fully guaranteed by Digital Realty and its operating partnership, with interest payable annually at a rate of 3.875% starting June 25, 2025, maturing on July 15, 2034 [2]. - The closing of the offering is expected on June 25, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the Euro Notes will be used to temporarily repay borrowings under the operating partnership's global revolving credit facilities, acquire additional properties or businesses, and fund development opportunities [3]. - Additional uses include investing in interest-bearing accounts and short-term securities, working capital, and potentially repaying other debt or redeeming outstanding equity or debt securities [3]. Group 3: Regulatory and Compliance Information - The Euro Notes are being sold only outside the United States under Regulation S of the U.S. Securities Act, and they have not been registered under the Securities Act [4]. - The offering is not intended for retail investors in the European Economic Area (EEA) or the United Kingdom, ensuring compliance with local regulations [7][10].
YouTube Star Kyler Ferris Brings $164M Team to eXp Realty, Launches First-of-Its-Kind Video-Powered Mega Team in Houston
GlobeNewswire News Room· 2025-06-17 16:00
Kyler Ferris, founder of Ferris Realty, reunites with eXp Realty, bringing a 45-agent team and partnering with Joe Rodriguez to create a mega Houston YouTube presence BELLINGHAM, Wash., June 17, 2025 (GLOBE NEWSWIRE) -- eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced that Kyler Ferris, founder of Ferris Realty in Conroe, Texas, has rejoined eXp Realty, bringing a powerhouse 45-agent team and $164 ...
Whitestone REIT Acquires 5000 South Hulen in Fort Worth, Texas
Globenewswire· 2025-06-17 11:00
Core Viewpoint - Whitestone REIT has acquired a high-volume shopping center, 5000 South Hulen, in Fort Worth, Texas, positioning itself to benefit from strong neighborhood dynamics and upcoming developments in the area [1][2]. Company Overview - Whitestone REIT is a neighborhood-focused real estate investment trust (REIT) that operates open-air shopping centers primarily in Texas and Arizona [7]. - The company emphasizes community connections and tenant relationships as key components of its acquisition strategy and operational success [8]. Acquisition Details - The newly acquired shopping center spans 86,907 square feet and is strategically located near Hulen Mall, the most visited mall within a 30-mile radius [1][5]. - The center is situated between two major thoroughfares, I-20 and Hulen Street, which collectively attract over 182,000 vehicles daily [5]. - The surrounding area has a population of over 300,000 residents within a 5-mile radius, with an average household income of $113,520, resulting in approximately $14 billion in spending power [5]. Strategic Implications - The acquisition marks Whitestone's 29th asset in Texas and its 10th in the Dallas-Fort Worth metroplex, reinforcing its presence in one of the fastest-growing states in the U.S. [1][6]. - The company plans to leverage its existing leasing and property management teams to enhance operational efficiency and drive earnings growth [6].
Summit Hotel Properties (INN) Earnings Call Presentation
2025-06-17 10:54
Hampton Inn & Suites – Austin Downtown FEBRUARY 2025 Investor Presentation Element – Miami Brickell Forward looking statements We make forward-looking statements in this presentation that are subject to risks and uncertainties. These forward-looking statements include information about possible or assumed future results of our business, financial condition, liquidity, results of operations, plans, and objectives. When we use the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "inten ...
高盛:中国 5 月 70 个城市平均新建商品住宅价格进一步下跌
Goldman Sachs· 2025-06-17 06:17
16 June 2025 | 12:26PM HKT China: 70-city average primary property prices fell further in May Bottom line: The National Bureau of Statistics' 70-city house price data suggest the weighted average property price in the primary market fell by 2.4% mom annualized in May after seasonal adjustments. The widening in sequential decline of house prices was broad-based across all city tiers. We emphasize the 70-city data are for primary market transactions (new home sales) only; secondary market data by NBS and some ...
This Stock Is Up Over 8,700%, and Still Makes Sense to Own Today
The Motley Fool· 2025-06-17 00:32
Company Overview - Realty Income is a real estate investment trust (REIT) that finances, owns, and operates income-producing real estate, primarily focusing on single-unit freestanding commercial properties [4][5] - The company has over 15,600 properties across 91 industries and eight countries, with notable clients including 7-Eleven, Dollar Tree, and FedEx [6] Investment Performance - Realty Income's stock has experienced an impressive return of over 8,700% since its inception, significantly outperforming the stock market's average annual return of around 10% [2][1] - The stock price has grown 1,280%, with dividends accounting for the majority of total returns [7][8] Dividend Characteristics - Realty Income offers a monthly dividend of $0.2690, which annualizes to $3.228, and has a compound annual growth rate (CAGR) of 4.2% [8][14] - The company has declared dividends for 660 consecutive months and has increased its dividend payout for the past 111 quarters [14] Economic Resilience - Realty Income maintains a high occupancy rate of 98.5%, with a historical low of 96.6% recorded in 2010, indicating strong tenant retention [10] - Approximately 91% of the company's rent comes from clients that are resilient to economic downturns, such as grocery stores and drugstores [11][12] Market Potential - The total addressable market (TAM) for Realty Income is estimated to be around $14 trillion, indicating significant growth opportunities in the future [13]
REMAX Leads 2025 'Top Latino Agents' Report with More Honorees Than Any Other Brand
Prnewswire· 2025-06-16 20:15
Core Insights - REMAX has achieved the highest number of agents and teams recognized in the NAHREP Top 250 Latino Agents Report for the 11th consecutive year, highlighting its strong presence in the real estate market [1][2][3] - The 2025 report emphasizes the significant role Latino agents play in guiding homebuyers and sellers, showcasing their impact on community development [2][3] - Chris Lim, REMAX Chief Growth Officer, praised the professionalism and dedication of REMAX agents in serving diverse communities, reinforcing the brand's commitment to excellence [3] Company Performance - The 2025 Top 5 REMAX Latino Agents in the U.S. ranked by transactions includes Berto Barerra, who improved his ranking from No. 15 to No. 9 nationally and is recognized as the No. 1 Latino agent in Indiana [3][5] - REMAX maintains a network of over 145,000 agents across nearly 9,000 offices globally, emphasizing its leadership in residential real estate transactions [4][6] Community Engagement - REMAX has a long-standing partnership with NAHREP, supporting sustainable housing opportunities within Hispanic communities [1][2] - The company has raised millions of dollars annually for charities, including Children's Miracle Network Hospitals, demonstrating its commitment to community service [6]
Kennedy Wilson(KW) - 2025 Q1 - Earnings Call Presentation
2025-06-16 14:57
Kennedy Wilson Q1-2025 Investor Presentation KENNEDY WILSON AT A GLANCE Kennedy Wilson owns, operates, and builds real estate within our high-quality, core real estate portfolio and through our investment management platform, where we target opportunistic investments alongside our partners. Drawing on decades of experience, our relationship-oriented team excels at identifying real estate opportunities and building value through market cycles. Multifamily 39,000 Multifamily Units2 35+ Year Track Record $29B ...
房地产统计局1-5月数据点评:5月新房销售金额与新开工面积降幅均有所收窄
Dongxing Securities· 2025-06-16 11:03
房地产统计局 1-5 月数据点评:5 月新房销售金额与新开工面积降幅 均有所收窄 2025 年 6 月 16 日 看好/维持 房地产 行业报告 未来 3-6 个月行业大事: 销售:5 月新房销售面积同比降幅有所扩大,销售均价环比回升带动销售金额 同比降幅收窄。 2025 年 1-5 月商品房累计销售面积同比增速为-2.9%、前值为-2.8%;累计销 售金额同比增速为-3.8%、前值为-3.2%。其中,5 月商品房销售面积同比增速 为-3.3%、前值为-2.1%;销售金额同比增速为-6%、前值为-6.7%;销售均价 单月同比增速为-2.8%、单月环比增速为 2.5%。 开发投资:5 月新开工面积与竣工面积同比降幅收窄,开发投资维持弱势。 2025 年 1-5 月房屋累计新开工面积同比增速为-22.8%、前值为-23.8%;房屋 累计竣工面积同比增速为-17.3%、前值为-16.9%;开发投资累计金额同比增 速为-10.7%,前值为-10.3%。其中,5 月单月新开工面积同比增速为-19.3%, 前值为-22.1%;竣工面积同比增速为-19.5%,前值为-27.9%;开发投资金额 同比增速为-12%,前值为-11 ...
If I Could Only Own 3 REITs, It Would Be These
Seeking Alpha· 2025-06-14 12:15
Group 1 - The article discusses the hesitation some investors have towards building a diversified Real Estate Investment Trust (REIT) portfolio [1] - It highlights the common question posed by readers regarding which three REITs to invest in if limited to that number [1] - The content suggests that there is a growing interest in accessing top investment picks for the upcoming period [1] Group 2 - The company invests significant resources, including thousands of hours and over $100,000 annually, into researching profitable investment opportunities [2] - This research approach has resulted in over 500 five-star reviews from satisfied members who are experiencing positive returns [2] - The call to action encourages potential investors to join and start maximizing their returns through the company's strategies [2]