Welltower Reports Fourth Quarter 2020 Results
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Welltower Inc. (NYSE: WELL) today announced results for the quarter ended December 31, 2020.
Highlights
Reported normalized FFO attributable to common stockholders of $0.84 per diluted share
Completed $657 million of pro rata acquisitions since the start of the fourth quarter 2020 at a blended, non-stabilized yield of 4.5%, including a 790 unit portfolio of seniors housing assets operated by Harbor Retirement Associates for $132 million subsequent to quarter end
Completed $781 million of pro rata dispositions since the start of the fourth quarter 2020 at a blended yield of 5.2%, resulting in near-term liquidity of $5.1 billion as of February 8, 2021
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
American Assets Trust, Inc. Reports Fourth Quarter and Year-End 2020 Financial Results and .
American Assets Trust, Inc.February 9, 2021 GMT
Net income available to common stockholders of $2.9 million and $27.7 million for the three months and year ended December 31, 2020, respectively, or $0.05 and $0.46 per diluted share, respectively
Funds From Operations per diluted share decreased 27% and 14% year-over-year for the three months and year ended December 31, 2020, respectively, or $0.41 and $1.89 per diluted share, respectively
Collected 92% to date of rents that were due during the fourth quarter of 2020
SAN DIEGO, Feb. 09, 2021 (GLOBE NEWSWIRE) American Assets Trust, Inc. (NYSE: AAT) (the “company”) today reported financial results for its fourth quarter and year ended December 31, 2020.
Lesser Known Property Sub-Sectors Offer Hope For Battle-Scarred Investors 2 months ago 3 min read
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Despite the patchy property performance last year, there are still pockets of excellence for the smart investor. This is particularly the case in the seldom spoken of sub sectors of our property market, which hold real value to those who are prepared to take the road less travelled in 2021.
“Most investors track the well known and heavily traded commercial, industrial and residential markets. However, many investors and would-be investors don’t realise that the property market is deeply complex with around 25 sectors and sub sectors, each of which are recovering at very different rates,” explains Gary Palmer, CEO of Paragon Lending Solutions. “For the astute investor, however, there is still real value to be had if you know where to look.”
CMA taps expert to review masterplan
Tuesday February 09 2021
By BRIAN NGUGI
Summary
The Capital Markets Authority (CMA) has brought in a consultant to review it s 10-year masterplan, whose implementation has faced headwinds brought by poor uptake of new bourse products as well as broker and bond issuer collapses.
CMA chief executive Wyckliffe Shamiah said the FSD Africa backed consultant will help audit the regulator s mandate and roadmap amid a raft of challenges which have hampered the capital markets.
Mr Shamiah said some of the key challenges including historical issues like the collapse of Discount Securities and Nyaga Stockbrokers which impacted investor confidence negatively.
Budget to put pandemic-hit real estate sector back on track, say experts ANI | Updated: Feb 06, 2021 12:28 IST
New Delhi [India], February 6 (ANI/NewsVoir): India s real estate sector which was engulfed by a global pandemic is now back on road to recovery. With economic activities gearing up, key announcements in the union budget have raised hopes for this sector.
Industry leaders are lauding and welcoming decisions taken by Finance MinisterNirmala Sitharaman. Eminent experts opine that major budget announcements like tax exemptions on affordable housing projects, debt financing by foreign portfolio investors (FPIs) in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), better connectivity will bring back confidence among investors and homebuyers, reviving trust, growth and investments in this emerging sector.