Land & Buildings Investment Management acquired 229,146 additional shares of Centerspace, increasing its stake to 9.19% of the fund's assets. The position is valued at $55.27 million following the $14.4 million purchase. Centerspace, a Midwest and Mountain West apartment REIT, offers stable rental income through its regional focus on affordability and consistent occupancy rather than aggressive rent growth.

Engineers Gate Manager LP increased its stake in Agree Realty (ADC) by 1,144,617 shares, bringing its total position to $85.16 million. The investment represents 1.01% of the fund's assets under management. ADC shares have appreciated 13.4% over the past year, outperforming the S&P 500.

The article dismisses AI-driven market panic as unfounded, arguing that AI is a productivity tool that will increase job demand rather than eliminate it. The author recommends closed-end funds (CEFs) holding REITs as a way to gain AI exposure through infrastructure plays like data centers and warehouses, while capturing 8%+ dividend yields. The Nuveen Real Estate Fund (JRS) is highlighted as an attractive opportunity due to its widening discount to net asset value despite underlying portfolio gains.

Land & Buildings Investment Management sold its entire $20 million stake in Rexford Industrial Realty, signaling potential challenges in the REIT market amid high interest rates and slower transaction activity.

First Industrial Realty Trust announced a quarterly common stock dividend of $0.445 per share, payable on January 20, 2026, to stockholders of record on December 31, 2025.

First Industrial Realty Trust announced a quarterly common stock dividend of $0.445 per share, payable on October 20, 2025, to stockholders of record on September 30, 2025.

First Industrial Realty Trust reported the tax treatment of its 2024 common stock distributions, providing details on the different components of the distributions.

First Industrial Realty Trust, a leading owner and operator of industrial real estate, announced a common stock dividend of $0.37 per share/unit for the quarter ending December 31, 2024, payable on January 21, 2025.

First Industrial Realty Trust (FR) is a REIT with a 2.69% dividend yield, which is higher than the industry average. The company has increased its dividend by 9.57% annually over the past five years, and its earnings are expected to grow 6.56% this fiscal year, making it an attractive dividend stock.

The article highlights three stocks with strong earnings growth potential for August: Globe Life, WisdomTree, and First Industrial Realty Trust. The companies are expected to see earnings growth of 11.3%, 56.8%, and 6.6%, respectively, in the current year.

The article discusses stocks with strong earnings growth and positive estimate revisions, which can be good investment options during the typically tough month of August for Wall Street. It highlights three stocks - Globe Life, WisdomTree, and First Industrial Realty Trust - that meet the screening criteria.

COMMUNIQUÉ DE PRESSE23 mai 2024