TORONTO, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Allied Properties Real Estate Investment Trust ("Allied") (TSX: "AP.UN") today provided an update with respect to non-core property sales. “We initiated the sale process last year to fund the acquisition of larger than expected interests in 400 West Georgia, 19 Duncan and Calgary House,” said Michael Emory, Founder & Executive Chair. “We’ve continued this year with the immediate objective of improving access to the debt capital markets and the longer-term objectiv ...

Company Overview - W. P. Carey Inc. is a real estate investment trust (REIT) that provides capital solutions through sale-leaseback and build-to-suit financing for companies [1] Earnings Expectations - The company is set to report its Q3 2025 earnings on October 28, with Wall Street analysts expecting an EPS of $0.86, down from $1.18 in the prior-year period [2] - Quarterly revenue is expected to reach $422.78 million, an increase from $394.77 million a year earlier [2] Historical Performance - If an investor had bought W. P. Carey stock 10 years ago at approximately $55.87 per share, a $10,000 investment could have grown to $12,252 based on stock price appreciation alone, with current shares trading at $68.45 [3] - Over the last 10 years, the company has paid about $41.20 in dividends per share, resulting in $7,374 from dividends alone [4] - The total value of the investment after 10 years would be $19,626, representing a total return of 96.26%, significantly less than the S&P 500 total return of 302% for the same period [5] Future Outlook - W. P. Carey has a consensus rating of "Equal Weight" and a price target of $87.18, implying more than 27% potential upside from the current stock price [6] - The company announced its Q2 2025 earnings, posting FFO of $1.28, exceeding the consensus estimate of $1.23, and revenues of $428.40 million, compared to the consensus of $408.69 million [6] - CEO Jason Fox indicated strong momentum in the business, driven by investment activity and disciplined execution of the disposition strategy, raising the outlook for investment volume and increasing AFFO guidance to a range of $4.87 to $4.95 per share, representing 4.5% year-over-year growth at the midpoint [7]

New Glasgow, Nova Scotia--(Newsfile Corp. - September 16, 2025) - Crombie Real Estate Investment Trust (TSX: CRR.UN) ("Crombie") today announced a distribution of $0.07500 per Unit for the period from September 1, 2025, to and including September 30, 2025.The distribution will be payable on October 15, 2025, to Unitholders of record as at September 30, 2025.About Crombie REITCrombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positi ...

Core Viewpoint - The Straits Times Index has reached new heights, with Singapore blue-chip stocks experiencing significant gains, raising questions about the sustainability of this rally and potential corrections in the market [1][12]. Group 1: CapitaLand Integrated Commercial Trust (CICT) - CICT is one of Singapore's largest REITs, owning prime office and retail properties, and has shown resilience with a solid occupancy rate of 96.3% as of June 2025 [3][4]. - Retail rents increased by 7.7% and office rents by 4.8%, indicating strong demand for its properties [4]. - The gearing ratio stands at 37.9%, which is manageable, and the interest cover is at 3.1 times, providing room to manage borrowing costs [4]. - CICT's price-to-book ratio is just under 1.1, suggesting it is trading close to its underlying asset value, which may cushion against potential downturns [5]. Group 2: Frasers Centrepoint Trust (FCT) - FCT owns suburban malls that serve as community hubs, achieving a retail occupancy rate of 99.5% as of June 2025, indicating near-full occupancy [6][7]. - Shopper traffic increased by 1% year on year, and tenant sales rose by 3.3%, demonstrating the malls' importance to the community [7]. - FCT's cost of debt has decreased below 4%, providing financial relief, and its gearing is at 38.6%, still below the 50% cap [8]. - The upcoming asset enhancement at Hougang Mall, which is 64% pre-leased, is expected to drive future growth [8]. Group 3: SATS Ltd - SATS has evolved into a global aviation and food solutions provider following its acquisition of Worldwide Flight Services (WFS), with first-quarter revenue for fiscal 2026 rising nearly 10% year on year to S$1.5 billion [9][10]. - Operating margins improved to 8.3%, and revenue from Gateway Services increased by 11.2% year on year [10]. - The integration of WFS is ahead of schedule, and new contracts with major airlines highlight SATS's expanding global presence [10]. - The gross debt-to-equity ratio has eased to 1.5 times, and the fiscal 2025 dividend of S$0.05 reflects management's confidence in cash flow [11]. Group 4: Investment Considerations - The current market rally does not imply that all stocks are overpriced; strong businesses with solid fundamentals can still present investment opportunities [12][13]. - CICT offers exposure to prime commercial real estate with a 5% yield, FCT provides defensive suburban retail exposure, and SATS represents a transformation play with expanding operations [12]. - Investors are advised to focus on quality businesses at reasonable valuations rather than chasing market momentum [13].

Core Viewpoint - CAPREIT has announced the completion of significant asset dispositions by ERES, resulting in substantial cash inflow for reinvestment in the Canadian housing market [1][2][4]. Group 1: Dispositions and Financial Impact - ERES has closed the sale of entities owning 1,446 residential suites in the Netherlands for approximately $543 million, alongside the sale of commercial properties in Brussels and Landshut for about $51 million, totaling around $594 million in closed dispositions [1][2]. - CAPREIT expects to receive approximately $222 million from a special cash distribution declared by ERES, which amounts to an estimated $1.46 per ERES unit [2][4]. Group 2: Utilization of Proceeds - CAPREIT plans to utilize the proceeds from the ERES Special Distribution for debt repayment, funding future acquisitions of rental properties in Canada, and for general business purposes [3][4]. Group 3: Strategic Direction - The company aims to reinvest the capital back into the Canadian housing market, aligning with federal initiatives on housing and infrastructure, and is focused on acquiring high-performing Canadian apartment properties [4]. - CAPREIT's effective interest in ERES is approximately 65%, indicating a strong financial connection and potential for growth through strategic investments [2][4]. Group 4: Company Overview - As of June 30, 2025, CAPREIT owns around 45,400 residential apartment suites and townhomes across Canada and the Netherlands, with a total fair value of approximately $14.5 billion [5].

Core Viewpoint - European Residential Real Estate Investment Trust (ERES) has successfully completed the sale of residential and commercial properties, resulting in significant proceeds and a special distribution to unitholders [1][2][4]. Group 1: Property Dispositions - ERES closed the sale of entities owning 1,446 residential suites in the Netherlands for approximately €336 million, net of adjustments [1]. - The REIT also completed the sale of a commercial property in Landshut, Germany, for gross proceeds of approximately €31 million [1]. - The total proceeds from the closed dispositions contribute to a strategic shift in the REIT's portfolio management [12]. Group 2: Special Distribution - A special distribution of €0.90 per Unit has been declared, payable in cash to unitholders of record on September 22, 2025, with payment on September 25, 2025 [2][6]. - The special distribution will be partially a return of capital (approximately 55-70%) and a portion of net capital gains (approximately 30-40%) [4]. - Unitholders have the option to receive the distribution in Euros or Canadian dollars, with the latter based on the foreign exchange rate on the payment date [3]. Group 3: Financial Metrics - As of June 30, 2025, the total residential suite count will decrease from 2,592 to 1,036 post-dispositions, with the total portfolio IFRS fair value dropping from €0.71 billion to €0.31 billion [10]. - The mortgage debt principal balance is expected to decrease from €0.25 billion to €0.10 billion, improving the ratio of adjusted debt to gross book value from 36% to 30-32% [10]. - The REIT is actively exploring further asset dispositions, indicating ongoing interest from buyers in the remaining portfolio [12]. Group 4: Cessation of Monthly Distribution - ERES has ceased its regular monthly cash distributions due to the significant reduction in its portfolio and ongoing sales processes [14]. - The final regular monthly distribution was payable on August 29, 2025, amounting to C$0.00809 per Unit [14].

today announced a distribution of 9.65 cents per unit for the month of September. The distribution will be payable on October 7, 2025, to unitholders of record as at September 30, 2025. About RioCan RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity- based and mixed-use properties in densely populated communities. As at June 30, 2025, our portfo. TORONTO--(BUSINESS WIRE)--RioCan Real Estate Investment Trust ("RioCan†) (TSX: REI.UN) ...

Core Viewpoint - LTC Properties, Inc. has revised its investment expectations for 2025 to $460 million, an increase from the previous estimate of $400 million, primarily due to significant growth in the seniors housing and health care sector [1]. Investment Guidance - The updated investment guidance of $460 million includes approximately $135 million of investments that have already been closed to date, which consists of $35 million [1].

Group 1 - City Office REIT, Inc. has authorized a quarterly dividend of $0.4140625 per share for its 6.625% Series A Cumulative Redeemable Preferred Stock, payable on October 24, 2025, to stockholders of record as of October 10, 2025 [1] - The Board of Directors has resolved to suspend future quarterly common stock dividend payments until the completion of the proposed merger with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC [2] - City Office REIT is focused on acquiring, owning, and operating office properties primarily in Sun Belt markets, currently owning or controlling 4.2 million square feet of office properties [3]

Core Points - Four Corners Property Trust, Inc. (FCPT) announced a quarterly cash dividend of $0.3550 per share for Q3 2025, which translates to an annual dividend of $1.42 per share [1] - The dividend is scheduled to be paid on October 15, 2025, to shareholders who are on record as of September 30, 2025 [1] - FCPT is a real estate investment trust (REIT) based in Mill Valley, California, focusing on ownership, acquisition, and leasing of properties [1]