SHALF News and Press, Shangri-La Asia Ltd.

2024-07-26 03:45:00 ET Summary During the quarter, the Third Avenue International Real Estate Value Fund generated a return of -3.98% (after fees) compared to the most relevant benchmark, the FTSE/EPRA NAREIT Global ex US Index, which declined -6.79% for the same period. In the mo...

2023-07-20 10:30:00 ET Summary Third Avenue Management is a New York City-based asset manager founded in 1986 that utilizes a disciplined, value-oriented, and asset-based approach to investing in publicly traded securities. The Third Avenue International Real Estate Value Fund rep...

Otis's Q3 results showed the resilience of elevator businesses, with sales down only 1.2% year-on-year (they were down only 6.5% in Q2). Cost savings helped EBIT grew 7.0% year-on-year in Q3; leverage, lower interest and a lower tax rate helped EPS grew 24.3% year-on-year. Orders ...