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Blue Ribbon Fund Management Ltd. and Series S-1 Income Fund and Citadel Diversified Investment Trust: Blue Ribbon Appointed as Administrator of Two Citadel Funds

TORONTO, ONTARIO (MARKET WIRE) Blue Ribbon Fund Management Ltd. ("Blue Ribbon") is pleased to announce that it has been appointed as Administrator of Citadel Diversified Investment Trust ("CTD")(TSX: CTD.UN)and Series S-1 Income Fund ("SRC")(TSX: SRC.UN) effective November 20, 2009. All of the features of the Blue Ribbon reorganization proposal as approved at the Special...

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SL Green Realty Corp. 2009 Annual Investor Conference on Monday, December 7, 2009

NEW YORK--(BUSINESS WIRE)--SL Green Realty Corp. (NYSE: SLG), a real estate investment trust, announced today that it will host its Annual Investor Conference on Monday, December 7, 2009. The management presentation will begin at 1:00 PM Eastern Time. Management’s presentation will be available online via webcast in listen only mode. The webcast and accompanying slide presentation will be available...

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Biggest Financial Gainers were PCBC, LXP, SNV : by Penny Stock Pick alert

( EMAILWIRE.COM , November 21, 2009 ) Dallas, TX - Pacific Capital Bancorp (NASDAQ:PCBC) soared 9.63% to $1.14. The stock hit an intraday high and an intraday low of $1.33 and $0.95 respectively. In the last six months the stock went down over 78%. Pacific Capital Bancorp is a community bank holding company providing full service banking, including consumer and commercial lending, trust and investment...

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Directors Deals Near Closed Period

The following Companies had significant dealing near the start of the Company closed period. For further information a spreadsheet showing full details may be downloaded here : BUYS Company name No of Directors Dealing Total Value QinetiQ Group PLC 2 £1,134,000 Lombard Risk Management PLC 3 £1,040,000 Conygar Investment Company (The) PLC 5 £977,800 Ideal Shopping Direct PLC 2 £432,000...

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Pan Jamaica closes land deal

Cabinet has approved the sale of land located at Knutsford Park in New Kingston to Pan Jamaica Investment Trust Limited (Pan Jamaica). Minister of Information Daryl Vaz disclosed on Wednesday during a post-Cabinet press briefing at Jamaica House that Pan...

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NHI buys five assisted-living facilities

National Health Investors, a Murfreesboro-based health care real estate investment trust, announced Thursday the purchase of five assisted-living facilities from Kansas-based Bickford Senior Living. (NHI)

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Simon eyes General Growth’s US$30B shopping mall portfolio

Simon Property, a US shopping mall owner and property investment trust, has hired advisers to explore a possible bid for rival General Growth Properties which is operating under Chapter 11 bankruptcy protection, people familiar with the matter said Wednesday. If Simon decides to bid for GGP’s entire mall portfolio, the transaction value could be up [...]

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Omega Health Care Investors: One Healthy REIT

Jim Van Meerten submits: I know there is a lot of caution in the commercial real estate market but as the population ages long-term care facilities should be a growth market. As always on Financial Tides I try to place my recommendations into one of my simulation portfolios for accountability of my recommendations. For that reason I'm adding Omega Health Care Investors ( OHI ) to my UpDown portfolio...

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YTL to rationalise RM8b retail, hotel assets into global REITs

Starhill REIT will have J.W. Marriott Hotel as one of its assets KUALA LUMPUR: YTL Corp Bhd will embark on restructuring its RM8bil real estate investment trust (REIT) and its hotel portfolio. This will rationalise the group’s retail and hotel asset portfolios by repositioning Starhill REIT as a global hospitality REIT. It will involve the disposal of its two retail properties, Starhill Gallery...

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Lexington Realty Trust Resumes Cash Dividend

NEW YORK, Nov. 18 /PRNewswire-FirstCall/ -- Lexington Realty Trust ("Lexington") (NYSE: LXP), a real estate investment trust (REIT) focused on single-tenant real estate investments, today announced that it declared a regular common share dividend for the quarter ending December 31, 2009 of $0.10 per common share payable in cash on January 15, 2010 to common shareholders of record on December...

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Lloyds offloads mall for £300m

Hammerson, the UK real estate investment trust, has emerged as the preferred buyer of a £300m shopping mall near Glasgow being sold by Lloyds Banking

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High Growth John Hussman Stocks: FRX, STLD, UNH, PETM, AEO

By Buffetteer. Dr. John Hussman is the president and principal shareholder of Hussman Econometrics Advisors. He is also the President of the Hussman Investment Trust. Dr. Hussman manages Hussman Strategic Growth Fund, which invests primarily in U.S. stocks, and Hussman Strategic Total Return Fund, which invests primarily in U.S. Treasury and government agency securities. Read more » »

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Nomura Office Fund Announces the Filing of the Shelf Registration Statement of the Investment Corporation Bonds

TOKYO--(BUSINESS WIRE)--Nomura Real Estate Office Fund, Inc. (NOF)(URL: http://www.nre-of.co.jp/english/) (TOKYO:8959), a Japanese office building real estate investment trust (J-REIT), announces that it filed the Shelf Registration Statement of the investment corporation bonds with the Director General of the Kanto Local Finance Bureau on November 18, 2009. 1. Outline of the filed Shelf Registration...

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Land Securities says property prices hit a floor

LONDON (MarketWatch) -- Land Securities said Wednesday that it swung to a fiscal first-half profit of 11.9 million pounds from a loss of 1.73 billion pounds a year earlier as it said the commercial property market found its floor. The real estate investment trust said revenue for the period ended Sept. 30 rose to 418.7 million pounds from 405.4 million pounds and its adjusted net asset value per share...

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What Level of Corruption Is Required to Deny Imagine Schools, Inc. Another Texas Charter?

As the corruption of Imagine Schools, Inc. approaches legendary status , and with the major news media now on the trail, we must wonder what evidence of deception, manipulation, and outright lying will be required for the Texas School Board to conclude that the corporate charter schools are as infected with profit fever as any other corporate venture. Public money, no oversight, corporate bottom feeders....