In 2Q17, Simon Property Group (SPG) hiked its quarterly dividend by 9.1% to $1.80 per share, payable on August 31, 2017.
Simon Property maintained a debt-to-equity ratio of 6.36x in 2Q17. That was higher than the industrial mean of 1.08x.
As of 2Q17, Simon Property Group had 25 redevelopment expansion projects in line. SPG’s share of net costs was $1.0 billion for these projects.
Simon Property’s NOI from new development, redevelopment, and expansion stood at $19.8 million compared to $15.7 million in the previous year.
Simon Property’s malls and premium outlets stood at 95.2% in 2Q17. Base minimum rent rose 3.3% to $52.10 per square foot.
Simon Property Group (SPG) announced its 2Q17 results on August 1, 2017. Its funds from operations (or FFO) of $2.47 per share surpassed the estimate of $2.44.
Vornado’s recent development and redevelopment activities have made investors optimistic about the stock.
During 2Q17, Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results backed by growth in rent and occupancy level.
Vornado Realty Trust reported adjusted FFO (funds from operation) of $1.35 per share, which beat Wall Street estimates of $1.20 per share.
Vornado Trust’s (VNO) top-line and bottom-line results improved year-over-year backed by higher rent growth and lower operational costs.
Vornado Realty Trust (VNO) reported decent results in 2Q17. Its top line and bottom line surpassed results from 2Q16 backed by higher rent and new lease activities.
Vornado Realty Trust (VNO) reported higher year-over-year top-line and bottom-line results during 2Q17 backed by higher rent growth, lower costs, and new leases during the quarter.
VNO posted rental revenue of $626 million in 2Q17, missing Wall Street’s estimates of $633.2 million.
Vornado Realty Trust (VNO) reported core funds from operation (or FFO) of $1.35 per share in 2Q17, which surpassed Wall Street estimates of $1.20 per share.
Welltower’s current price-to-FFO multiple is 17.34x. It had higher-than-expected results in 2Q17 and has an optimistic outlook for fiscal 2017.
Wellstone’s debt-to-equity ratio stood at 0.81x for 2Q17. That was lower than the industry mean of 1.07x.
On June 30, 2017, Welltower (HCN) announced a quarterly cash dividend of $0.87. The dividend is scheduled to be paid on August 21, 2017.
Higher same-store NOI (net operating income) and a strong demand for premium senior housing facilities drove Welltower’s profits during the quarter.
Higher income from investments and strategic dispositions helped Wellstone (HCN) generate a robust profit during 2Q17.
Welltower’s (HCN) revenue of $1.06 billion was 1.9% lower than a year ago and 1.5% lower than analysts’ estimate.