19. Sunway REIT Q2 net income up 13.4% Commercial Property Sales Rose to More Than $220 Billion in U.S. Last Year Don't Overlook REITs Griffin-American Healthcare Acquires Trio of Medical Office Buildings China Office Space Is Booming
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NEWS AND INFORMATION
PETALING JAYA: Sunway Real Estate Investment Trust (REIT) recorded a 13.4% increase in net realised income of RM50.7mil in its second quarter ended Dec 31, 2011, compared to RM44.7mil a year ago.
Commercial property sales rose 57 percent to more than $220 billion U.S. last year, led by retail properties and garden apartments, Real Capital Analytics Inc. said in a report today.
by Amy Fontinelle Real estate investment trusts (REITs) are a relatively small investment category; there were just 123 equity REITs in the FTSE NAREIT index, which comprises all the REITs traded on the NYSE and NASDAQ exchanges in the fourth quarter of 2011. However, even though the REIT investment universe is small, it contains many ...
PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong. Griffin-American Healthcare REIT II —formerly known as Grubb & Ellis Healthcare REIT II—just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.
As the Chinese calendar moves into the Year of the Dragon, prime office rents in Beijing have risen by 75% - the highest increase of any city in the world during 2011.
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