Real Estate Investment A Major Factor In City Success

Real estate investment trusts are an under-embraced asset class





21, 2014 /PRNewswire/ -- As business and political leaders convene to discuss global challenges at the World Economic Forum annual meeting in Davos, Switzerland, there is a greater appreciation for the importance of real estate in reshaping cities and, therefore, the world's commercial geography. According to research by Jones Lang LaSalle /quotes/zigman/162927/delayed/quotes/nls/jll JLL +0.83% , with real estate investment levels reaching a new high of an estimated ten dollars chasing each dollar of prime assets, real estate is no longer considered a consequence of city success, but is now actively employed to drive it. A look at the 30 cities worldwide where 50 percent of the US$4.6 trillion in direct commercial real estate investments has been concentrated over the past decade highlights real estate's impact on the strength of super and primary cities and the growth of second-tier cities. According to Colin Dyer, CEO of Jones Lang LaSalle: "Investors are allocating more capital to real estate today but focusing on a specific set of cities globally. This has created an increase in demand for the limited stock of prime properties in super cities, the world's most attractive real estate markets. As a result, investors are moving along the risk curve into second-tier markets, which are becoming more conscious of how real estate can make them more attractive to investors.





InnVest Real Estate Investment Trust Plans Dividend of C$0.03 (INN.UN)





Regarding Kimco, the diluting effect produced by moved here the company's recent portfolio pruning could affect profits in the near term. It's a factor that could limit growth looking forward. In the case of DDR, FFO should be showing higher levels to make it more attractive. Its capital recycling cycle will still need some to show improvements. Federal Realty's asset specialization, in combination with a diversified tenant base, gives it more financial stability in the event of property price volatility.









On the ratings front, analysts at Canaccord Genuity raised their price target on shares of InnVest Real Estate Investment Trust from C$4.00 to C$4.20 in a research note to investors on Friday, November 15th. They now have a hold rating on the stock. Finally, analysts at Scotiabank reiterated a sector perform rating on shares of InnVest Real Estate Investment Trust in a research note to investors on Monday, November 11th. They now have a C$4.50 price target on the stock. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the companys stock.





Crombie Real Estate Investment Trust (CRR.UN) Declares Dividend of C$0.07





The ex-dividend date is Wednesday, January 29th. A number of research firms have recently commented on CRR.UN. Analysts at TD Securities cut their price target on shares of Crombie Real Estate Investment Trust from C$15.50 to C$15.00 in a research note to investors on Monday, November 11th. On a related note, analysts at Scotiabank reiterated a sector perform rating on shares of Crombie Real Estate Investment Trust in a research note to investors on Monday, November 11th.





With Real Estate Prices Rising, Which REIT Should You Buy?





The real estate investment community has not yet embraced this http://ireport.cnn.com/docs/DOC-929213 asset class, Imperiale said, which is a mistake. "A lot of these portfolios are trading at a discount to the prices the managers bought the homes for back in 2009 or 2010," Imperiale said. "I can hang my hat on the fact that home price appreciation over time will make that discount disappear as people figure out what the portfolios are actually worth." Last month, two of the bigger names in the industry Blackstone and Colony were able to borrow 60% of the value of the homes in a portion of their portfolios. The fact that they were able to get financing, which will enhance their returns, got Imperiale more interested in the sector, he said. American Homes 4 Rent (AMH, $17.09), Malibu, Calif., is a real estate investment trust that leases single-family home rental properties in the United States. The company was started in 2012 by B.