TCO News and Press, Taubman Centers Inc. From 02/28/20

Taubman Centers (NYSE: TCO ) completes the sale of 50% of Taubman Asia's interest in CityOn.Xi'an to real estate funds managed by Blackstone Group (NYSE: BX ) for $91M. More news on: Taubman Centers, Inc., The Blackstone Group Inc., Financial stocks news, Merger & acquisition news, ...

Taubman Centers, Inc. (NYSE: TCO) today announced the completion of the sale of 50 percent of Taubman Asia’s interest in CityOn.Xi’an (Xi’an, China) to real estate funds managed by Blackstone Group Inc. (Blackstone) for $91 million. Net proceeds to Taubman are expec...

Co-produced with Beyond Saving REITs play a very strong role in our Model Portfolio, by paying higher than average dividends due to tax laws that require minimum distributions at 90% of taxable income and tradition that most REITs pay out more than 100% of their taxable income. This make...

Macerich ( MAC ) is a landlord of high-quality mall real estate. Whereas "Class A malls" have tenant sales psf of around $525 or over, MAC's portfolio has an average sales psf of $801, or $916 on a net operating income ('NOI') weighted basis. Malls are out of favor, but is the selloff overdone...

NEW YORK , Feb. 24, 2020 /PRNewswire/ --  Adesto Technologies Corporation (IOTS) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the sale of Adesto to Dialog Semiconductor plc for $12.55 per share. If you are an Ad...

The Mall REIT Sector has fallen massively out of favor since 2016 on the back of tectonic shifts in retailing Disruption is often a good place to look for investment opportunities Macerich ( MAC ), a premium Mall REIT stands out with a dividend yield in excess of 12.5%. At first glance t...

NEW YORK, Feb. 24, 2020 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate whether the following proposed mergers are fair to shareholders. Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the...

Last week an article appeared by Williams Equity Research (“WER”), entitled The Macerich Company: Mall REIT Purgatory . Evidently this is a bearish take on the mall REIT Macerich ( MAC ). I have a high regard for WER, and have enjoyed and benefited from his past work. I am lon...

Subscribers to the 2MC Retirement Income Solutions Marketplace received early access to this report. REIT Performance Following a stellar 2019, REITs had a fairly rough start to 2020, finishing January with a negative total return (-0.74%). The REIT sector lagged the NASDAQ (+1.99%) an...

Pennsylvania Real Estate Investment Trust ( PEI ), often referred to as PREIT, keeps on falling, now trading below $3.5 per share. The share price is down almost 40% YTD and the dividend yield has skyrocketed to almost 25% (many investors have likely been fretting whether PEI would declare ...