PLYM News and Press, Plymouth Industrial REIT Inc. From 11/01/23

2023-11-01 13:12:17 ET More on Plymouth Industrial REIT Plymouth: Industrial Growth Without The Industrial Multiple Plymouth Industrial: A Quality REIT With A Debt Profile Waiting To Unfold (Rating Downgrade) Plymouth Industrial REIT: The Next Target In M&A? ...

2023-10-30 13:29:03 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips It’s been a challenging time for the real estate investment trust ( REIT ) market in 2023. Higher interest rates make it much more expensive to service debt. Investors are demand...

2023-10-10 06:28:43 ET Summary Plymouth Industrial is a small cap industrial REIT with properties in submarkets that have low supply growth and high demand. The combination of low vacancy rates and minimal supply will lead to market rental rate growth, potentially increasing the c...

2023-10-08 09:00:00 ET Summary U.S. equity markets remained volatile this week as benchmark interest rates surged through multi-decade highs after employment data showed resilient labor market trends, bolstering the Fed's case to remain hawkish. Narrowly avoiding a fifth-straight ...

2023-10-05 10:24:04 ET More on Plymouth Industrial REIT Plymouth Industrial: A Quality REIT With A Debt Profile Waiting To Unfold (Rating Downgrade) Plymouth Industrial REIT: The Next Target In M&A? Plymouth Industrial REIT, Inc. (PLYM) Q2 2023 Earnings Call Tran...

BOSTON, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) announced its leasing and development activity for the third quarter of 2023. The Company also announced details for its third quarter earnings conference call and webcast to be held on November 2, 2023. ...

2023-10-03 16:27:15 ET Summary The Fed's hawkish rhetoric suggests fewer rate cuts in 2024 and a possible rate hike in 2023, leading to a sell-off in REITs. However, historical data shows that REITs have performed well in rising interest rate environments. The COVID era cuts a...

2023-09-18 07:07:15 ET Plymouth Industrial REIT ( NYSE: PLYM ) sold its 306,552 sq. ft. industrial building in Chicago for $19.9M. The Company intends to use the proceeds to pay down outstanding borrowings on its credit facility and fund its development program. The compan...

BOSTON, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT, Inc. (NYSE: PLYM) sold its 306,552-square-foot industrial building at 6510 West 73 rd Street in Chicago for $19.9 million to an undisclosed owner-user. Plymouth’s net proceeds after the payoff of a $5.8 million mo...

BOSTON, Sept. 15, 2023 (GLOBE NEWSWIRE) -- Plymouth Industrial REIT , Inc. (NYSE: PLYM) (the “Company”) today announced that its board of directors has declared a regular quarterly cash dividend of $0.225 per share of common stock for the third quarter of 2023. The dividend, whi...