Crombie REIT [SEP] stock exchange
Crombie REIT


Crombie REIT (formerly "Atlantic Shopping Centres", then "Crombie Properties") is a Canadian unincorporated open ended publicly traded real estate investment trust which trades on the Toronto Stock Exchange and is based in New Glasgow, Nova Scotia. Crombie REIT was founded on February 4, 1964 as "Atlantic Shopping Centres Limited". In 1976, it became a subsidiary of Sobeys Stores Limited. During the 1990s, the company merged with Halifax Developments Limited (known for Scotia Square), as well as Canadian Shopping Centres Limited.
7951341
Crombie REIT


In the mid-2000s, the company was renamed as they expanded beyond both the Atlantic region as well as shopping centres. It was converted in 2006 into an unincorporated open ended publicly traded real estate investment trust which trades on the Toronto Stock Exchange. Its largest unitholder is Empire Company Limited (ECL) which as of mid-2013 owned approximately 40% of the units in the REIT. ECL controls the Sobeys supermarket chain which is also the REIT's major tenant. In January 2014 Crombie's commercial leasing division issued eviction notices to two local
7951342
Australian real estate investment trust


value of the unit price is determined by demand and supply. A-REITs are normally listed on the Australian Stock Exchange (ASX). The Bendigo Stock Exchange, the Newcastle Stock Exchange, and the Australia Pacific Exchange are also capable of hosting trusts. A-REITs are a form of listed investment company (LIC) and are considered as such by the ASX. Any A-REIT listed on the ASX has to conform to the reporting standards set out by the ASX. As of July 2012 there were 45 Australian
15242974
Real estate investment trust


there were three listed REITS on the Nigerian Stock Exchange: Skye Shelter Fund, Union Home and UPDC. A Haldane McCall REIT did not list after failing to reach the minimum 50% subscription in a January 2015 initial public offer amid poor market prospects. By October 2015 there were 33 South African REITS and three non-South African REITs listed on the Johannesburg Stock Exchange, according to the SA REIT Association, which said market capitalization was more than R455 billion. The REIT concept was launched in Australia in 1971. General Property
21157394
Real estate investment trust


period ending Dec. 31, 2017, all stock exchange listed REITs posted total returns of 60.29%, with compound annual total returns of 9.90%. Stock exchange listed equity REITs had total returns of 59.85% during that same period, with compound annual total returns of 9.83%. The S&P 500 had total returns of 108.14% during that same period, with compound annual total returns of 15.79%. There are more than 200 public REITs listed on exchanges in the United States. Under U.S. Federal income tax law, an REIT
21157424
RDI REIT


RDI REIT plc is a property investment business. It is listed on the London Stock Exchange. The company was established in 2002 as the Corovest International Real Estate Fund. It was floated on the Alternative Investment Market in 2006. It changed its name to Redefine International in 2008 and converted to a Real estate investment trust listed on the London Stock Exchange in 2013. It changed its name again, to RDI REIT, in November 2017. The company's largest investments include the Grand Arcade in Wigan, St George's Shopping Centre
7228939
Real estate investment trust


Trust was the first Australian real estate investment trust (LPT) on the Australian stock exchanges (now the Australian Securities Exchange). REITs which are listed on an exchange were known as Listed Property Trusts (LPTs) until March 2008, distinguishing them from private REITs which are known in Australia as Unlisted Property Trusts. They have since been renamed Australian Real Estate Investment Trusts (A-REITs) in line with international practice. REITs have shown numerous benefits over direct investment including lower tax rates and increased liquidity. There are now
21157395
Australian real estate investment trust


An Australian real estate investment trust (A-REIT) is a unitised portfolio of property assets, listed on a stock exchange, usually the Australian Securities Exchange (ASX). Such investment structures were known as listed property trusts (LPT) in Australia until February 2008, but were renamed to be more consistent with international terms. Unit trusts of property assets which are not listed on a stock exchange are known as unlisted property trusts. An A-REIT usually owns a portfolio of large properties, which, due to their
15242970
National Association of Real Estate Investment Trusts


Nareit is a Washington, D.C.-based association representing a large and diverse industry that includes equity real estate investment trusts (REITs), mortgage REITs (mREITs), REITs traded on major stock exchanges, public non-listed REITs and private REITs. Nareit is the voice for REITs and publicly traded real estate with an interest in U.S. real estate and capital markets. Nareit is also an informational resource for policymakers in countries around the world that have introduced or are considering introducing REITs. It is recognized as the leading public resource on the
20630453
Real estate investment trust


Three years later, REITs witnessed significant losses in the stock market. Retail REIT Taubman Centers Inc. launched the modern era of REITs in 1992 with its creation of the UPREIT. In an UPREIT, the parties of an existing partnership and a REIT become partners in a new "operating partnership". The REIT typically is the general partner and the majority owner of the operating partnership units, and the partners who contributed properties have the right to exchange their operating partnership units for REIT shares or cash. The industry struggled beginning in 2007
21157389
Real estate investment trust


SEGRO"), Great Portland Estates, Primary Health Properties and Workspace Group. British REITs have to distribute 90% of their income to investors. They must be a close-ended investment trust and be UK-resident and publicly listed on a stock exchange recognised by the Financial Services Authority. The EPRA in Brussels each year publishes a breakdown of the UK REIT structure requirements. To support the introduction of REITs in the UK, several commercial property and financial-services companies formed the REITs and Quoted Property Group. Other key
21157417
Real estate investment trust


Qualifying REITs” are exempt from the new entity-level, “specified investment flow-through” (SIFT) tax that all publicly traded income trusts and partnerships are paying as of January 1, 2011. Mexico has passed legislation to allow for the equivalent of REITs, known as FIBRAs (Fideicomiso de Infraestructura y Bienes Raíces), to be traded in the Mexican Stock Exchange. Like REITs legislation in other countries, companies must qualify as a FIBRA by complying with the following rules: The first Mexican REIT was launched in
21157421
Champion REIT


Champion REIT is a Hong Kong real estate investment trust that owns office and commercial properties, primarily in Asia. Champion REIT was spun off from its sponsor Great Eagle Holdings, and listed on 24 May 2006 on the Hong Kong Stock Exchange. Its principal asset at the time was its stake in Citibank Plaza. Eagle Asset Management (CP) Limited, a subsidiary of the Great Eagle Holdings, is the REIT manager; HSBC Institutional Trust Services (Asia) Limited is the trustee. Following its acquisition of Langham Place, its
20874267
Hibernia REIT


Hibernia REIT plc is a public real estate investment trust headquartered in Dublin, Ireland. The company owns 32 properties in Dublin, and has a portfolio valued at €1.309 billion. It is listed on Euronext Dublin's ISEQ 20 index, as well as the London Stock Exchange. Hibernia REIT was floated on the stockmarkets in December 2013. It raised €385 million in its IPO, €220 million of which it had invested by September 2014. The company met criticism when, in April 2015, it demolished the Windmill Lane
12276032
Choice Properties REIT


IPO raised $400 million, and was the largest on the Toronto Stock Exchange that year. Loblaw retained 83.1% ownership in the new company after the IPO, and its parent company George Weston Limited had a 5.6% interest. In February 2018, Choice announced that it would acquire Canadian Real Estate Investment Trust (CREIT), a diversified commercial REIT, for $3.9-billion. With the CREIT acquisition, Choice owned 752 properties worth $16 billion, and became Canada's largest REIT. The deal was made in part to
4290926
CapitalSource


on the New York Stock Exchange (NYSE) under the symbol CSE. In 2006, CapitalSource completed its conversion to a Real Estate Investment Trust (REIT), which enabled the company to remain competitive in a highly liquid market due to the tax benefits of REIT status. In 2009, CapitalSource completed its revocation of REIT status. Today the company operates as a C-Corp, as it did prior to 2006. CapitalSource was briefly involved in a controversial hotel project which also involved rapper Jay-Z and developer Andre Balazs
5399245
Real estate investment trust


bodies involved include the London Stock Exchange the British Property Federation and Reita. The Reita campaign was launched on 16 August 2006 by the REITs and Quoted Property Group in order to provide a source of information on REITs, quoted property and related investment-funds. Reita aims to raise awareness and understanding of REITs and of investment in quoted property companies. It does this primarily through its portal [ www.reita.org], providing knowledge, education and tools for financial advisers and investors. Doug Naismith, managing director of European Personal Investments for Fidelity
21157418
Choice Properties REIT


real estate properties into a new publicly listed real estate investment trust. The move would allow Loblaw to monetize the value of its real estate holdings, invest in its grocery business, and take advantage of the tax advantages of the REIT structure. On July 5, 2013, the new REIT, called Choice Properties, held an IPO on the Toronto Stock Exchange. Loblaw initially transferred 426 properties, worth $7 billion, to the new company. The mainly retail properties represented 75% of Loblaw's real estate assets. The
4290925
Real estate investment trust


REIT securities are traded on the Tokyo Stock Exchange, and most service providers of the J-REITs are Japanese real estate companies, Japanese conglomerates and foreign investment banks. Since the burst of the real estate bubble in 1990, property prices in Japan have seen steady drops through 2004, with some signs of price stabilization and possibly price increase in 2005 and 2006. Some see J-REITs as a way to increase investment in the real estate market, although notable increases in asset values have not yet been realized. A J
21157401
Wilshire 5000


of the common stocks and REITs traded primarily through New York Stock Exchange, NASDAQ, or the American Stock Exchange. Limited partnerships and ADRs are not included. It can be tracked by following the ticker ^W5000. There are five versions of the index: The difference between the total return and price versions of the index is that the total return versions accounts for reinvestment of dividends. The difference between the full capitalization, float-adjusted, and equal weight versions is in how the index components are weighted. The full cap index
19953116
Crombie REIT


was then served an eviction notice regardless. Crombie was criticized for forcing out local businesses in favour of chain operations like McDonald's and Subway, having also evicted another popular eatery (PG's) in 2011 to make way for a bigger Tim Horton's. An article in "The Coast" lamented that Scotia Square's was the "best mall food court in the country, with interesting and varied local operations, and yet there seems to be a conscious effort to destroy that reputation." In a follow-up news
7951344
B3 (stock exchange)


suffix in some cases. The letters stand for the listed company and the number disclosed the equity type, as follows: 11 and onward, codes may represent many situations, most commonly units (UNT, a certificate meshing different equities together. For instance, SULA11 is a unit comprising one common stock and two preferred stocks issued by Sul América S.A.), exchange-traded funds, real estate investment funds (known as FII, REIT in English) and Brazilian Depositary Receipts (BDRs). Nevertheless, they may state other
1010470
Crombie REIT


food vendors, Ray's Lebanese Cuisine and A Taste of India, in the Scotia Square food court in Halifax, Nova Scotia. A petition to save the two popular restaurants' leased tenancy was circulated in February and received over 5200 signatures. Many local patrons expressed anger and disappointment in Crombie's actions through social media. Ray's was the most longstanding eatery in the mall, having been operated by Ray Khattar for 31 years. He initially agreed to a doubling of his rent, from $5,000 to $10,000, but
7951343
Prologis


$1 billion to develop projects in the United States, Brazil, China and Japan. By March 2012, Prologis was "the sixth-largest U.S. REIT in terms of equity market capitalization, about $15 billion," and by May, Prologis had assets valued at around $10 billion in Europe. On February 14, 2013, Nippon Prologis REIT, Inc. (NPR), a Japanese real estate investment trust formed by Prologis, successfully completed an IPO on the Tokyo Stock Exchange. In March 2013, Prologis formed
18266412
Tritax Big Box REIT


Tritax Big Box REIT is a Real estate investment trust investing in "Big Box" distribution centres. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company is managed by Tritax, a property management business, formed in 1995. It was the subject of an initial public offering raising £200 million in November 2013. It raised a further £150 million in July 2014, a further £110 million in November 2014 and a further £175 million in March 2015 as well
2739848
Business Development Company


they intend to be taxed as a REIT. Because income is not taxed at the corporate level, distributions to investors are generally taxable for investors based on the type of income earned by the BDC. For example, ordinary income to the BDC is taxable for investors at ordinary income rates, while capital gains income to the BDC is generally taxable for investors at capital gains rates. Historically, BDCs are listed on a national stock exchange like the NYSE or NASDAQ. Recently, as is common for REITs, some BDCs have declined
5331242
LondonMetric Property


LondonMetric Property plc is a British property company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The Company was established by Raymond Mould and Patrick Vaughan in October 2007 as London & Stamford Property plc and admitted to the Alternative Investment Market in November 2007. It came to prominence when it acquired a significant stake in the Meadowhall Shopping Centre from British Land in February 2009. It was first listed on the London Stock Exchange and became a REIT in October 2010. In January 2013 it
14226807
Albert Cheng


the Link REIT on the Hong Kong Stock Exchange in 2005. Now a decade later, the Chief Executive of the HKSAR Government, Leung Chun-ying, has proven Cheng right by denouncing Link REIT as failing to fulfill its social responsibilities. He was a vocal force in the Legislative Council. He tackled vital issues such as the opening up of the public airwaves, imposing tighter tobacco control, introducing food labelling, and regulating against unscrupulous practices in the sales of residential flats. Cheng was appointed by the Chief Executive of the
11015542
NewRiver


NewRiver REIT plc is a specialist listed real estate investment trust (REIT), focused primarily on retail and leisure property. The company own 29 shopping centres, 22 retail warehouses, 14 high street units and 359 public houses The company is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index. The company was established by Allan Lockhart and David Lockhart as a property company focusing on the retail sector under the name NewRiver Retail in September 2008. The company was the subject of an initial public offering
1198487
Cominar


Cominar is a publicly traded real estate investment trust (REIT) based in Quebec City, Canada. It was founded in 1965, and trades on the Toronto Stock Exchange under the symbol CUF.UN. Cominar manages a portfolio consisting of 430 office, retail, and industrial properties, totalling 38.4 million square feet. These properties are located in Quebec and Ontario. As of August 2018, Cominar REIT had assets of C$6.9 billion (Canadian dollars). Cominar has been described as one of the largest commercial property owners in Canada and
3122131
Inland American Real Estate Investment Trust


ticker: XHR). On February 4, 2015, Xenia began trading on the New York Stock Exchange under the ticker XHR. In this transaction, Inland American shareholders received a proportional number of shares of XHR. Following the spin-off, the estimated value of the REIT dropped 42.4% to about $4 a share. The listing event was the first for the Inland Group since the "disastrous Wall Street debut" of its last REIT, Inland Western, in 2012; Inland Western had debuted at only 60%
3701393
Private money investing


reinvest all or some of dividends? REITs (Real Estate Investment Trusts) are companies that own and manage commercial properties. Most REITs sell securities that are publicly traded. Investors buy stock in them, seeking to benefit by the stock dividends REITs pay, as well as the appreciation of the price of the stock itself. Investors place money into funds that invest in real estate. The portfolios are professionally managed for the benefit of the members or stockholders Sources of income: REITS use funds to purchase, manage, improve and sell
13523938
InterRent REIT


InterRent Real Estate Investment Trust is a Canadian real estate investment trust, specializing in residential real estate, and based in Ottawa, Ontario. As of April 2018, it owns 8,800 suites in Ontario and Quebec, worth $1.66 billion. It is listed on the Toronto Stock Exchange under the symbol IIP.UN. InterRent was founded in 2006, and listed on the Toronto Stock Exchange in 2007. The company experienced significant growth between 2009 and 2017, doubling its portfolio. In 2013, it purchased 3 buildings worth $35 million in
14129469
Trizec Properties


238 million remaining after it made payments on the debt. By 2002 the company was still selling Canadian assets, and it also was selling European assets. Its new focus was American high rise, urban office towers. In 2002 the company received permission to convert to an REIT. Trizec Properties Inc. was to be traded on the New York Stock Exchange and Trizec Canada was to trade on the Toronto Stock Exchange. In 2006 Brookfield Properties and Blackstone Group acquired the company. The payment price was $4.8 billion and the new owners
16499287
Great Portland Estates


Great Portland Estates plc is a British property development and investment company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. The Company was founded by Basil Samuel in 1959 to invest in properties originally developed by the Dukes of Portland. It was first listed on the London Stock Exchange later that year. It acquired the Ilex Estate in 1997. In 2007 the Company converted into
2519071
Primary Health Properties


Primary Health Properties plc is a British-based real estate investment trust, specialising in the rental of flexible and modern primary healthcare facilities within the United Kingdom and Ireland. The company is listed on the London Stock Exchange and is also a constituent of the FTSE 250 Index The company was incorporated in 1995, floated on the Alternative Investment Market in 1996, and listed on the London Stock Exchange in November 1998. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. It
7603915
LCH (clearing house)


service, offers clearing for equities and equity equivalents such as exchange traded funds (ETFs), exchange traded commodities (ETCs), real estate investment trusts (REITS) and exchange traded bonds. LCH clears equity-based trades that are executed on the London Stock Exchange (LSE), SIX Swiss Exchange, BATS Chi-X Europe, NYSE Euronext, Bourse de Luxembourg and Equiduct. LCH was the first in Europe to launch a clearing service for contracts for difference (CFDs) and the first clearer globally to offer CFD
15742906
H&R REIT


H&R Real Estate Investment Trust is a Canadian open-ended real estate investment trust, specializing in commercial real estate, and based in Toronto, Ontario. It is the third largest REIT in Canada by market capitalization (after RioCan and Choice Properties). H&R's portfolio includes 40 office properties, 161 retail properties, and 105 industrial properties and 11 other properties, with a total value of $13 billion. It is listed on the Toronto Stock Exchange. H&R was founded in 1996 by Thomas J. Hofstedter, through a $
9310585
Pakistan Mercantile Exchange


. The exchange registered trading volume of Rs 306 billion in October 2018. It is licensed and regulated by the Securities and Exchange Commission of Pakistan. PMEX is owned by National Bank of Pakistan Limited (33.98%), Pakistan Stock Exchange Limited (28.41%), ISE Towers REIT Management Limited (17.76%), LSE Financial Service Limited (7.25%), Pak Brunei Investment Company Limited (6.80%), Zarai Taraqiati Bank Limited (2.90%), Pak Kuwait Investment Company Limited (2.90%), Individuals
4929283
Real estate investment trust


on Singapore Exchange approximate SGD 100 billion (as at 30 Nov 17). The Securities and Exchange Commission created regulations to establish REITs as an investment vehicle in late 2012, opening the doors for the first REITs to be listed in 2013. The REIT legislation was introduced by Dubai International Financial Centre (DIFC) to promote the development of REIT's in the UAE by passing The Investment Trust Law No.5 that went into effect on August 6, 2006. This restricts all 'true' REIT structures to be domiciled within the DIFC
21157408
Liquid tradable securities


of acronyms. These include stocks and bonds as well as exchange-traded funds, exchange traded commodities, exchange-traded notes (including certificates), REITs, as well as most OTC securities. Note that these do not include Swaps or repurchase agreement (repos), which are contractual arrangements and as such are not tradable. This is a wider definition than the definition of transferable securities under MiFID LTS advantage over collective investment scheme LTS' offer a significant advantage over collective investment schemes. Collective investment schemes (or CIS or
13073204
NASDAQ Dubai


bonds on-exchange. In October 2013, the Bank of London and The Middle East (BLME) listed its shares on the exchange. In April 2014, Emirates REIT listed its shares following its IPO, in the first listing of a Real Estate Investment Trust (REIT) on an exchange in the GCC. Emirates REIT raised 201 million dollars and was 3.5 times oversubscribed. In the same month, the exchange launched an Islamic financing Murabaha platform. This offers an alternative to many traditional Murabaha solutions, which can carry a
19624706
NTPC Limited


where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India, where it is a constituent of the S&P CNX Nifty. In Sep. 2015, Government of India held around 74.96% equity shares in NTPC. Over 680,000 individual shareholders hold approx. 1.92% of its shares. Life Insurance Corporation of India is the largest non-promoter shareholder in the company with 10.03% shareholding. In August 2017, the GOI divested further its 5% stake in NTPC through OFS (Stock Exchange Mechanism)
10629713
Wipro


November 2012 "Guide to Greener Electronics", Greenpeace ranked Wipro first with a score of 7.1/10. Listing: Wipro's Initial Public Offering was in the year 1946. Wipro's equity shares are listed on Bombay Stock Exchange where it is a constituent of the BSE SENSEX index, and the National Stock Exchange of India where it is a constituent of the S&P CNX Nifty. The American Depositary Shares of the company are listed at the NYSE since October 2000. Shareholding: The table provides the share holding pattern as of 30-Sep-2018.
22187691
Taxable REIT subsidiaries


Taxable REIT subsidiaries ("TRSs") allow real estate investment trusts ("REITs") to more effectively compete with other real estate owners. They do this by providing services to tenants or third parties such as landscaping, cleaning or concierge, and they provide new earnings growth opportunities. In the United States, the piece of legislation that enables "taxable REIT subsidiaries" to exist is the REIT modernization act ("RMA"), which became effective in 2001. The RMA allows REITs to own 100% of stock
5920787
Real estate investment trust


9856) passed into law on December 17, 2009. Its Implementing Rules and Regulations were approved by the Securities and Exchange Commission in May 2010. However, it failed to attract investors due to its restrictive tax policies and high friction cost. Commonly referred to as S-REITs, there are 31 REITs listed on the Singapore Exchange, with the latest REIT, Cromwell European REIT, listed on 30 November 2017. The first one to be set up being CapitaMall Trust in July 2002. They represent a range of property sectors
21157405
Hong Kong Exchanges and Clearing


receipts, debt securities, unit trusts/mutual funds (i.e. ETFs and REITs) and structured products. Derivative products include index and stock futures and options, interest rate and fixed income products and gold futures. In April 2002, HKEX launched a study to consider the delisting of "penny stocks" to improve market efficiency. Its 25 July 2002 proposal to cancel listings of companies trading below HK$0.50 for 30 straight days hit penny stocks hard. Seventeen companies' shares lost more than 30 per cent of their value, and about
9235304
Real estate investment trust


A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and timberlands. Some REITs engage in financing real estate. REITs can be publicly traded on major exchanges, public but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity
21157384
Strategic Hotels & Resorts


Strategic Hotels & Resorts is an American REIT in the hospitality industry. It was publicly traded on the New York Stock Exchange as BEE. The company owns 18 luxury hotels, 17 of which are located in the United States and one of which is in Germany. Through his investment firm, Cascade Investment, Bill Gates has purchased 1.74 million shares of Strategic Hotels & Resorts Inc.’s common stock at a total price of $21.45 million – totaling 9.8% of the company's shares. Gates is the sole owner of the investment
19310250
Bert Wolstein


1992, Developers Diversified filed to become a publicly held real estate investment trust (REIT). The move was prompted by a nationwide credit contraction that had severely limited Developers Diversified's ability to engage in new projects. The company, now known as Developers Diversified Realty Corp. (DDRC), went public in February, listing its shares on the New York Stock Exchange. The firm sold 9.2 million shares, raising $202 million ($ in dollars). It was the second-largest public offering of common stock ever offered
20171944
Real estate investment trust


of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and even timberlands. Some REITs also engage in financing real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks. In the United States, a REIT is a company that owns, and in most cases operates, income-producing real estate. Some REITs finance real estate. To be a REIT, a company must distribute at least 90
21157427
Real estate investment trust


: S-REITs benefit from tax advantaged status where the tax is payable only at the investor level and not at the REITs level. In addition to REITs, there are ten Business Trusts ("BTs") (similar to REITs but may hold assets that are not conventional and are not subjected to stringent rules as compared to SREITs), and six Stapled Instruments (composed of a stapled Business Trust Unit and a REIT unit), which are listed on the Singapore Exchange. The total market capitalisation of the listed Trust
21157407
Landsec


Land Securities Group plc is the largest commercial property development and investment company in the UK. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. It is headquartered in London and traded on the London Stock Exchange, and is a constituent of the FTSE 100 Index. The Group traces its origins to 1944, when its founder Harold Samuel purchased Land Securities Investment Trust Limited, which owned three houses in Kensington and some government stock. Further acquisitions followed shortly afterwards and from 1947
2067965
Real estate investment trust


well as corporate bonds to finance its mortgage lending activities. Collective Investment Schemes, of which REITs are a part, are regulated by the Securities and Exchange Commission of Ghana. In 2007, the Securities and Exchange Commission (SEC) issued the first set of guidelines for the registration and issuance of requirements for the operation of REITs in Nigeria as detailed in the Investment and Securities Act (ISA). The first REIT, the N50 billion Union Homes Hybrid Real Estate Investment Trust, was launched in September 2008. In November 2015
21157393
Real estate investment trust


The Securities and Exchange Commission of Pakistan expected that about six REITs would be licensed within the first year, mainly large asset management companies. Pakistan has seen an outflow of investments by foreign real estate development companies, mostly based in Malaysia and Dubai. SECP has issued licenses to four parties namely, Arif Habib REIT Management Company, AKD REIT Management Company, Eden Developers REIT Management Company and SB Global REIT Management Company. REITs in the Philippines have been available to the public after the Real Estate Investment Trust Act of 2009 (RA
21157404
Real estate investment trust


The Bursa Malaysia has 18 REIT listed with five Islamic REITS (shariah compliant – according to Islamic investment compliance). The Securities and Exchange Commission of Pakistan is in the process of implementing a REIT regulatory framework that will allow full foreign ownership, free movement of capital and unrestricted repatriation of profits. It will curb speculation in Pakistani real estate markets and gives access to small investors who want to diversify into real estate. The Securities and Exchange Commission of Pakistan is proposing a regulatory framework similar to that of Singapore and Hong Kong.
21157403
Barrington Tower


Barrington Tower is a part of the Scotia Square Complex in Downtown Halifax, Nova Scotia, Canada. The tower stands at 84 metres (275 feet) and has 20 floors. It is owned and operated by Crombie REIT. The building is connected to the Downtown Halifax Link system. The tower is used for office and commercial space. It was formerly the home of Emera, owner of Nova Scotia Power, who relocated to a converted power plant on Lower Water Street in 2011. Located in the lobby is a branch office
11391190
Scotia Square


Scotia Square is a commercial development in Downtown Halifax, Nova Scotia, Canada. It was built in the late sixties to mid seventies and is managed by Crombie REIT. It is connected to the Downtown Halifax Link and serves as a major Halifax Transit bus terminal in Halifax. Scotia Square was constructed in 1967, a neighbourhood was previously located where the complex now stands with the Cogswell Interchange. Scotia Square had previous tenants such as Famous Players theatre and a Woolco department store. The food court was also known as the Port of
2587945
Park Lane (mall)


The two companies subsequently merged, and later became Crombie REIT, who put the mall up for sale in 2014. The Famous Players cineplex, the original anchor tenant at Park Lane, was called the "most ambitious multiple screen venue" in Halifax by "Cinema Canada", and it more than doubled the number of screens in the city. It was purchased by Empire Theatres in 2004 and renovated. Empire was subsequently sold to the Cineplex Entertainment chain, and the cineplex was accordingly rebranded once again. The northern part of
9029379
Reit im Winkl


valley in Tyrol and as an exchange Tyrol sold logs to the salt works in Bad Reichenhall. The first tourist to Reit im Winkl, in the year 1858, was King Maximilian II, as reported in the local press. The Strength Through Joy movement in the Third Reich and the closed borders after the war boosted tourism as the principal source of income in the region. Today, approximately 5000 beds for annual visitor numbers of 90 000 provides an indication of the importance of tourism for Reit im Winkl. Reit i
12748776
Segro


SEGRO plc (formerly known as Slough Estates) is a property investment and development company. It develops and invests in property located in the UK and Continental Europe focusing on edge of town flexible business space. The firm switched to Real Estate Investment Trust status when REITs were introduced in the United Kingdom in January 2007. The Company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. It is the largest industrial property company in Europe and is the owner of the Slough Trading Estate - the largest
11619981
Hansteen Holdings


Hansteen Holdings plc is a European industrial REIT that invests in properties with high yields, low financing costs and opportunity for value improvement across the Netherlands, Germany, Belgium, France and the UK. It is listed on the London Stock Exchange. The Company was founded by Morgan Jones and Ian Watson in 2005 to exploit the industrial property investment market in Continental Europe. It was admitted to the Alternative Investment Market in November 2005, raising £125 million. In October 2009 it raised a further £200.8 million by way of a
16199619
British Land


The British Land Company plc is one of the largest property development and investment companies in the United Kingdom. The firm became a real estate investment trust when REITs were introduced in the UK in January 2007. It is headquartered in London. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index and a founding member of the European Public Real Estate Association. The British Land Company was founded in 1856 as an offshoot of the National Freehold Land Society (later Abbey National) formed in 1849 with
19872182
Rayonier


government sold Rayonier of timberland in 1992. The company was spun off from ITT in 1994 with the company name reverting to Rayonier and shares again traded on the New York Stock Exchange. Rayonier purchased of timberland in Florida, Georgia and Alabama in 1999, then relocated the corporate offices to Jacksonville, Florida, to be closer to company employees and properties. Rayonier converted to a real estate investment trust (REIT) on January 1, 2004. TerraPointe LLC was established in 2005 to manage properties with development potential. The 2006 purchase
6612746
Association of Investment Companies


The Association of Investment Companies (AIC) is the United Kingdom trade association for the closed-ended investment company industry. The association represents a broad range of closed-ended investment companies, incorporating investment trusts, offshore investment companies, REITs and Venture Capital Trusts (VCTs) that are traded on the London Stock Exchange, AIM, Specialist Fund Segment and Euronext. It was founded in 1932, and was owned by James Henry. It was previously called the Association of Investment Trust Companies. AIC is situated in the City of
6828305
Economy of Saudi Arabia


Saudi Stock Exchange. The introduction of  REITs was a part of the National Transformation program, one of the Saudi Arabia’s Vision 2030 programs, and has targets of Saudi Arabia's private sector is dominated by a handful of big businesses in the service sector, primarily in construction and real estate— Olayan, Zamil, Almarai, Mobily, STC, SABIC, Sadara, Halliburton, Baker Hughes, Flynas, Hilton, Zain, Yanbu Cement, Alhokair, MBC, Mahfouz, and Al Rajhi. These firms are "heavily dependent
7474837
Primary Health Properties


is a REIT listed on the London Stock Exchange, and the one of three focused on the healthcare sector. A share issue in 2018 raised £115 million. In December 2017 it had 306 healthcare centres, including one under development, in the UK and in the Republic of Ireland valued at a total of £789 million. On 24 January 2019, it was announced that PHP had agreed a £1 million merger with MedicX. If the deal goes through, it will create UK’s largest ever UK healthcare property investor,
7603916
Hammerson


Hammerson plc is a major British property development and investment company. The firm switched to real estate investment trust (REIT) status when they were introduced in the United Kingdom in January 2007. It is traded on the London Stock Exchange and is a constituent of the FTSE 250 Index; it is also a constituent of the FTSE EPRA/NAREIT Developed Europe index, among others. The majority of Hammerson's portfolio is in the United Kingdom, but is also operates in continental Europe, including operations in France, Ireland, Spain
9562649
Avalon Mall


The Avalon Mall is a Canadian shopping mall located in St. John's, Newfoundland and Labrador on Kenmount Road. With over , two floors, and 142 stores, it is the largest shopping mall in Newfoundland and Labrador. The mall opened in 1967 and is owned by Crombie REIT. The Avalon Mall underwent major extensions in 1977, 1987 and 1999. In the late 1980s and 1990s low retail performance promoted mall management to embark on major renovation programs (which included Scotiabank). Department store Ayre and Sons became The Gap in
1511400
John William Crombie


the sale of intoxicating liquor to children under 16 years. The Bill became law later that year, although the age of the children affected was reduced to 14 years. In 1890, Crombie published a book of poetical, literary and folkloric sketches entitled "Some Poets of the People in Foreign Lands" (Eliot Stock, London, 1890 and 2nd edition, 1891). The interest in poetry ran in the family. Crombie’s son Eugene, a Captain in the Gordon Highlanders in World War I, was a war poet
8707572
Real estate investment trust


by Stanlib Kenya under the name Fahari I-Reit scheme. The REIT scheme will provide unit holders stable cash inflows from the income generating real estate properties. The unrestricted IPO will be listed on the main investment market segment of the Nairobi Securities Exchange. REITs have been in existence in Ghana since 1994. The Home Finance Company, now HFC Bank, established the first REIT in Ghana in August 1994. HFC Bank has been at the forefront of mortgage financing in Ghana since 1993. It has used various collective investment schemes as
21157392
IGD SIIQ


IGD SIIQ S.p.A. (Immobiliare Grande Distribuzione Società di Investimento Immobiliare Quotata) is a company active in the real estate sector, which develops and manages shopping centers in Italy and it is also present in retail distribution in Romania. The company, listed on the MTA - STAR section - of the Italian Stock Exchange, was the first to enter the SIIQ scheme (Società di Investimento Immobiliare Quotata – Real Estate Investment Trust REIT) in Italy. IGD is born through the provision of much of the real estate assets owned by
10749800
NewRiver


on the London Stock Exchange in September 2009. In 2009 Mark Davies, the then-husband (divorced in 2017) of the Conservative MP Mims Davies joined the company as finance director. The company have since donated to her "local party organisation or indirectly via a central party organisation" The company acquired 202 pubs from Marston's for £90 million in December 2013 and 158 pubs from Punch Taverns for £53.5 million in August 2015. The company altered its structure and changed its name to NewRiver REIT in July 2016.
1198488
Investment trust


the wind-up date, it may alter slightly from trust to trust. Splits may also issue "Packaged Units" combining certain classes of share, usually reflecting the share classes in the trust usually in the same ratio. This makes them essentially the same investment as an ordinary share in a conventional Investment Trust. In the United Kingdom, REITs are constituted as investment trusts. They must be UK resident and publicly listed on a stock exchange recognised by the Financial Conduct Authority. They must distribute at least 90% of their
12300634
Liquid tradable securities


UCIS) come in many legal forms. What is common in each legal form is the existence of a shareholder register; according to the laws of most jurisdictions, an entry in the shareholder register must be accompanied by a signed declaration to invest. Equally, a transfer of shares in a collective investment scheme is usually not allowed without the signed consent of the company. These procedural requirements limit the ability of shareholders to trade their shares. A small subset of collective investment schemes are electronically tradable through stock exchanges (most notably REITs
13073205
Equinix


Equinix, Inc. is an American multinational company headquartered in Redwood City, California, that specializes in internet connection and data centers. The company leads in global colocation data center market share, with 200 data centers in 24 countries on five continents. It is listed on the NASDAQ stock exchange under the ticker symbol EQIX, and as of 2018, it had approximately 7,200 employees globally. The company converted to a real estate investment trust (REIT) in January 2015. Equinix was founded in 1998 by Al Avery and Jay Adelson,
14729637
RioCan Real Estate Investment Trust


IPO on the Toronto Stock Exchange in 1994. In 1995, it re-structured to internalize its asset management responsibilities, in return for a $5 million payment. As part of the re-structuring, the company was renamed RioCan REIT, a short form for "Retail Industrial Office Canadian". Riocan achieved significant growth in its early history, with an annualized 16% return from its IPO to 2013. This growth was achieved in part through acquisitions. In 1995, it acquired five shopping centres in Ottawa from Ivanhoe
1787390
Safestore


trading under the ‘Spaces’ brand in the UK and as the ‘Une Pièce en Plus’ (UPEP) brand in France. UPEP were co-founded in 1998 by the current Safestore Group CEO Frederic Vecchioli. The company has been listed in the London Stock Exchange since 2007. In April 2013, Safestore was converted into a real estate investment trust (REIT). Their principal operations are located in the UK, where it has 95 stores including two business centres and a further 24 stores in Paris trading as Une
21465621
SteelPath


3, 2012. SteelPath is focused exclusively on investing in energy infrastructure through the emerging midstream energy Master Limited Partnerships asset class. These companies are the energy infrastructure analogue to real estate investment trusts (“REITS”), and similarly do not have entity level taxation, while trading on public stock exchanges. MLPs typically distribute a majority of the cash flow generated as distributions to investors and continue to be one of the highest yielding equity asset classes in the US. Historically, MLPs were difficult for many investors to hold directly,
2812159
Kirill Pisarev


excess of 1 million square meters of space per year. In June 2007, PIK Group completed a $1.93 billion IPO on the London (LSE) and Russian (RTS, MICEX) stock exchanges, the largest ever real estate IPO in Europe and globally (non-REIT). The company was valued at $12.3 billion. To date, PIK Group has completed in excess of 13 million square meters of housing. Pisarev served as the President of the company between 1994-2009. Between 2009 and 2011, he
3847835
Darrell Crate


founded Easterly Capital, LLC, a firm based in Beverly, Massachusetts, that builds operating businesses to gain exposure to the growth in both asset management and non-bank finance sectors. He joined the firm full-time in 2011. In February 2015, Crate became the chairman of Easterly Government Properties, Inc., a publicly traded REIT on the New York Stock Exchange that is focused primarily on the acquisition, development and management of Class A commercial properties that are leased to U.S. Government agencies that serve essential functions. According to
7484426
H&R REIT


173 million IPO on the Toronto Stock Exchange. The original assets of the trust were office buildings owned by Hofstedter's family firm. In February 2007, H&R agreed to become the developer and owner of The Bow, Encana's new Calgary headquarters complex. It paid $70 million for the land, and Encana signed a 25-year lease. Construction was briefly halted in December 2008 due to a $400 million shortage of financing needed to finish the job. The project continued to move forward, despite the unresolved financing issues. In
9310586
Capital & Counties Properties


Capital & Counties Properties plc (Capco) is a United Kingdom-based property investment and development company which is focused on sites in the West and West End of London. It is listed on the London and Johannesburg stock exchanges and is a constituent of the FTSE 250 Index. The company was demerged from Liberty International (now renamed Intu Properties) in May 2010, although it does not itself hold REIT status. The firm's three principal businesses are Covent Garden, EC&O Limited (a subsidiary which owns the Olympia and Earls
9602327
Equity Global Management


properties as the company, as well as the filing of a registration statement for a public offering of ECM Realty Trust Inc, a real estate investment trust to be listed on the New York Stock Exchange (ECMR). The assets to be contributed to ECMR were sold to an NYSE REIT prior to ECMR's initial listing. ECM launched the ECM Income & Growth Fund in 2003, the ECM Diversified Income & Growth Fund in 2006, the ECM Income & Growth Fund III in 2008, and ECM Income & Growth Fund IV
9638091
Highfield Square (Moncton)


Highfield Square, also known as Highfield Square Shopping Centre, was a shopping centre located in Moncton, New Brunswick, Canada. Highfield Square was owned and operated by Crombie REIT before being sold to the city of Moncton. The complex has since been demolished. The property is now the home of the new Avenir Centre. The mall contained at its peak over 60 stores and services. The major anchor during its lifetime included: Other prominent tenants included RadioShack, and Reitmans. After the mall closed its movie theatres in the 1970s
267394
Loblaw Companies


5, 2013, the new REIT, Choice Properties REIT, held a $400 million IPO. Loblaw retained majority ownership in the new company. In February 2018, Choice announced that it would acquire Canadian Real Estate Investment Trust (CREIT), a diversified commercial REIT, for $3.9-billion. On July 15, 2013, Loblaw announced that it would acquire Canada's largest pharmacy chain, Shoppers Drug Mart, for $12.4 billion in a cash and stock deal. Galen G. Weston indicated the possibility for store brands from the
12466304
Stor-Age


Stor-Age, or Stor-Age Property REIT Limited, is a South African public company based in Cape Town. The company is a real estate investment trust that owns, acquires, develops and manages self storage assets throughout South Africa's metropolitan cities. Stor-Age is the largest self-storage property fund in South Africa and has been listed on the Johannesburg Stock Exchange since 2015. Stor-Age was founded in 2004 to fill a vacuum in self storage facilities in the greater metropolitan areas of South Africa. Gavin
11345051
Gazit-Globe


business operations. The holding in Gazit-Globe enabled Katzman to draw investors to help him acquire additional retail centers, and it became a vehicle to raise capital for further property and business acquisitions. In 1992, Katzman formed Equity One as a partially owned subsidiary of Gazit that operate as a Real estate investment trust (REIT). Equity One grew gradually during the mid-1990s and in 1998 the company had an initial public offering on the New York Stock Exchange, Gazit-Globe retained partial ownership of Equity One after the business was
13581396
RPT Realty


RPT Realty, formerly known as RAMCO Properties Trust and Ramco-Gershenson Properties Trust, is a publicly traded real estate investment trust (REIT) that owns and operates a national portfolio of open-air shopping destinations principally located in top U.S. markets. The company's shares trade on the New York Stock Exchange (NYSE) under the ticker symbol "RPT." Among RPT's flagship properties include River City Marketplace in Jacksonville, Florida, The Shops on Lane Avenue in Upper Arlington, Ohio, Woodbury Lakes in Woodbury, Minnesota
14989412
Dream Office Real Estate Investment Trust


30, 2017, Dream Office had 46 properties with a gross leasable area of 8.5 million. About half of the company's properties are in downtown Toronto, with others located in Calgary, Saskatchewan, and elsewhere in Canada. The company's portfolio consists almost exclusively of office buildings in the central part of cities. Dream Office REIT is part of the Dream family of companies, which also include 3 other Toronto Stock Exchange-listed real estate funds, as well as Dream, Dream Office's asset manager. The Dream name
15411190
Choice Properties REIT


Choice Properties Real Estate Investment Trust is a Canadian unincorporated, open-ended real estate investment trust based in Toronto, Ontario. It is the largest real estate investment trust in Canada, with an enterprise value of $16 billion. It mainly owns Canadian retail properties anchored by its major tenant and majority unitholder, Loblaw Companies, Canada's largest food retailer, which is controlled by the Weston family. It is listed on the Toronto Stock Exchange. In December 2012, Loblaw announced that it would spin-off most of its
4290924
SyndicateRoom


film, directed by Simon West; Mill Residential REIT, the world's first crowdfunded IPO; and Axol Biosciences, which uses Nobel Prize-winning technology to produce stem cells from human blood and skin cells that can then be turned into cells for scientific research, potentially removing the need for animal testing. In 2016 SyndicateRoom was the first crowdfunding platform to offer public market investment opportunities after being accepted as a member company of the London Stock Exchange, although it has since closed down the public markets area of its platform. Approximately
6736812
National Retail Properties


way for the owners of the Golden Corral restaurant chain to allow employees to invest in the company. In 1993, the company split from Golden Corral and changed its name to Commercial Net Lease Realty. The company also moved its listing to the New York Stock Exchange. On January 1, 1998, the company merged with its former external adviser, CNL Realty Advisor Inc. and became a self-advised, self-managed REIT. In February 2004, Craig Macnab was named chief executive officer of the company. In May 2004
7819903
David Lerner Associates


Lerner Associates was the exclusive broker for this product. /nowiki In May 2013, Apple REIT Six Inc. completed a merger with an affiliate of the Blackstone Group LP. Apple REIT Six was sold exclusively by the Lerner firm to investors from 2004 to 2006, with most shares at $11. Each holder of an Apple REIT Six unit received $11.10 in value, consisting of $9.20 in cash and $1.90 per share in preferred stock of the Blackstone affiliate, BRE Select Hotels Corp. Investors could redeem the new shares after seven
22022628
Huntington Bancshares


Huntington Preferred Capital, Inc., a real estate investment trust (REIT). It was organized under Ohio law in 1992 and designated as a REIT in 1998. Four related parties own HPCI's common stock: Huntington Capital Financing LLC; Huntington Preferred Capital II, Inc.; Huntington Preferred Capital Holdings, Inc.; and Huntington Bancshares Incorporated. All these entities are tied via ownership and/or interlocking directorships to Huntington Bancshares, either directly or through Huntington National Bank. In addition to the common stock, Huntington Preferred Capital also issued 2 million
19133437
Real estate investment trust


as the global financial crisis kicked in. In response to the global credit crisis, listed REITs responded by deleveraging (paying off debt) and re-equitizing (selling stock to get cash) their balance sheets. Listed REITs and REOCs raised $37.5 billion in 91 secondary equity offerings, nine IPOs and 37 unsecured debt offerings as investors continued to act favorably to companies strengthening their balance sheets following the credit crisis. REIT dividends have a 100 percent payout ratio for all income at lower rates. This inhibits internal growth of the
21157390
Real estate investment trust


provide a real estate investment structure similar to the one that mutual funds provide for investment in stocks. REITs are strong income vehicles because, to avoid incurring liability for U.S. federal income tax, REITs generally must pay out an amount equal to at least 90 percent of their taxable income in the form of dividends to shareholders. From 2008 to 2011, REITs faced challenges from both a slowing United States economy and the late-2000s financial crisis, which depressed share values by 40 to 70 percent in some cases. For the five-year
21157423
Real estate investment trust


also increased awareness and acceptance of investing in global real estate securities. A comprehensive index for the REIT and global listed property market is the FTSE EPRA/Nareit Global Real Estate Index Series, which was created jointly in October 2001 by the index provider FTSE Group, Nareit and the European Public Real Estate Association (EPRA). As of December 2017, the global index included 477 stock exchange listed real estate companies from 35 countries representing an equity market capitalization of about $2 trillion (with approximately 78% of that total from
21157387
Scotia Square


named The Mix by Crombie REIT. The court features 14 different food vendors ranging from large fast food chains like McDonald's to locally owned vendors like Mama Gratti's Deli & Market. Various upgrades to seating during the renovation allows large foot traffic during lunchtime rushes during the week. Being based toward servicing those working downtown the hours of operation of most food court tenants are 9:30a.m. to 6:00p.m. An expansion of the Scotia Square shopping centre, along Barrington Street, is under construction. It was designed by DSRA Architects of Halifax
2587947
United Realty Trust


United Realty Trust is a New York based real estate investment trust (REIT). The company is incorporated in Maryland and is a small Public non traded REIT. The company was founded by Jacob Frydman and Eli Verschleiser in 2012 and approved for independent IPO by the U.S. Securities and Exchange Commission in January 2013. United Realty was run by Jacob Frydman who was its chairman and chief executive officer. The company invests in real properties, and joint ventures with others. United Realty branded itself as "The Dual Strategy REIT".
22170664