Sharemaestro Newsreel

Lucid Capital initiates Industrial Logistics stock with buy rating

Lucid Capital Markets has initiated coverage on Industrial Logistics Properties Trust (ILPT) with a buy rating and a price target of $11.50, implying a 30% total return. The firm highlights ILPT's undervalued status, high-quality portfolio, and strong short-term liquidity despite a leveraged balance sheet. …

Prologis tables $18.8 billion takeover proposal for UK's Segro

U.S. warehousing giant Prologis has made a "best and final" proposal of £14 billion ($18.8 billion) to acquire its British rival Segro. This improved offer, which includes 0.0920 Prologis shares and a cash alternative of up to £3.5 billion, comes after Segro rejected an …

Prologis Tables £14bn Best-and-Final Bid for SEGRO and Seeks UK Listing

Prologis has made a "best-and-final" £14 billion bid for SEGRO, offering shares and an optional cash alternative while urging SEGRO's board to extend the PUSU deadline. The logistics REIT is also considering a secondary listing on the London Stock Exchange to enhance its European …

Prologis Makes £14 Billion Best and Final Offer for UK’s Segro

Prologis, the world's largest industrial property company, has submitted a best and final offer to acquire UK landlord Segro Plc for approximately £14 billion ($18.7 billion). The revised bid includes 0.092 new Prologis shares for each Segro share, representing a 9.5% increase from its …

Prologis raises takeover proposal for SEGRO to 1,031.7p per share

Prologis has increased its takeover proposal for SEGRO to 1,031.7 pence per share, offering 0.0920 new Prologis shares for each SEGRO share, representing a 9.5% increase from its initial offer. The revised proposal includes a partial cash alternative of up to £3.5 billion, valuing …

Industrial Logistics Properties Trust (ILPT) Q1 2024 Earnings Report - Results, Call & Slides

Industrial Logistics Properties Trust (ILPT) reported its Q1 2024 earnings, showing an actual EPS of -$0.36 and actual revenue of $112.23M, beating expected revenue by $2.39M. The company experienced a YoY revenue growth of 1.79% and its next earnings date is estimated for July …

EastGroup Properties, Inc. $EGP Shares Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC increased its stake in EastGroup Properties (NYSE:EGP) by 20.2% in the first quarter, now holding 156,264 shares valued at $28.9 million. EastGroup Properties reported strong Q1 earnings of $1.77 per share, surpassing analyst estimates, and saw a revenue increase of 9.1%. …

Mediolanum International Funds Ltd Sells 5,878 Shares of Public Storage $PSA

Mediolanum International Funds Ltd reduced its stake in Public Storage (NYSE:PSA) by 43.3% in the first quarter, selling 5,878 shares and now holding 7,684 shares valued at $2.04 million. Despite the sell-off, Public Storage reported strong quarterly results with $2.71 EPS against an estimate …

Convergence Investment Partners LLC Invests $1.37 Million in First Industrial Realty Trust, Inc. $FR

Convergence Investment Partners LLC has initiated a new position in First Industrial Realty Trust (NYSE:FR) by purchasing 23,635 shares valued at approximately $1.37 million in the first quarter. Institutional investors and hedge funds collectively hold 99.85% of the stock, highlighting significant institutional interest. Despite …

Bank of New York Mellon Corp Has $86.69 Million Stock Position in EastGroup Properties, Inc. $EGP

Bank of New York Mellon Corp slightly reduced its stake in EastGroup Properties (EGP) by 1.4% in the first quarter, yet still maintains a significant position worth $86.69 million. Other institutional investors like Jones Financial Companies and Goldman Sachs Group increased their holdings. Analysts …

Public Storage (PSA) Projected to Release Quarterly Earnings on Wednesday

Public Storage (PSA) is projected to release its Q2 2026 earnings after market close on Wednesday, July 29th, with analysts anticipating $2.54 EPS and $1.2308 billion in revenue. The company had a strong previous quarter, topping EPS estimates by $0.29. Public Storage recently paid …

Commerzbank Aktiengesellschaft FI Has $2.37 Million Position in Prologis, Inc. $PLD

Commerzbank Aktiengesellschaft FI significantly reduced its stake in Prologis, Inc. (NYSE:PLD) by 69% in the first quarter, now holding 17,964 shares valued at $2.37 million. Despite Commerzbank's sell-off, other institutional investors increased their positions, and Prologis reported strong Q1 2026 earnings, beating estimates with …

First Industrial Realty Trust, Inc. Shs Unsponsored Brazilian Depositary Receipt Repr 0.125 Sh

This article focuses on the "Enterprise value to EBITDA forward" metric for First Industrial Realty Trust, Inc. (F2RT34) shares. It appears to be a truncated financial data display or a page header from a financial platform like TradingView, showing the company's identifier and market …

Rexford Industrial Realty, Inc. $REXR Shares Bought by Fifth Third Bancorp

Industrial Logistics Properties Trust (ILPT) Expected to Release Earnings on Wednesday

Prologis Earnings Drive Industrial REITs Higher (NYSE:PLD)

Prologis (PLD) Could Be 4% Undervalued As Earnings Beat Lifts Guidance

LXP Industrial Trust (LXP) Projected to Announce Earnings on Wednesday

EastGroup Properties (EGP) Q2 FFO and Revenues Lag Estimates

EastGroup Properties (NYSE:EGP) Issues FY 2026 Earnings Guidance

First Industrial Realty Trust (FR) Beats Q2 FFO Estimates

EastGroup Properties (NYSE:EGP) Announces Earnings Results, Beats Estimates By $1.05 EPS

EastGroup Properties (NYSE:EGP) reported quarterly earnings of $2.36 EPS, significantly exceeding analyst estimates of $1.31. Revenue reached $193.33 million, aligning with expectations and marking a 9% year-over-year increase. Despite the strong earnings beat and a raised FY 2026 guidance, the stock experienced a 2.4% …

Prologis promotes Harvey, Sutton to key roles on global, east region development teams

Prologis Inc. has announced the promotions of Travis Harvey to global head of development and Sheila Sutton to senior vice president and head of development management for its eastern region. Harvey, who succeeds Greg Bauer, will lead the company's global development and construction across …

ETFs Investing in Public Storage Stocks

This article provides a list of Exchange-Traded Funds (ETFs) that hold Public Storage (PUP) stocks, sorted by market value. It details various ETFs from issuers like Vanguard, BlackRock, and State Street, including their management style, focus, expense ratio, assets under management (AUM), and 3-year …

Library, self-storage set for former Walmart after data center dropped

A revised redevelopment plan for a former Walmart in Midtown Center has gained city approval, now featuring a self-storage facility and a relocated public library, but no longer the controversial "computational research facility." The developer dropped the research facility due to strong public opposition, …

EastGroup Properties (EGP) Is Up 5.3% After Stronger Quarter And Fresh Analyst Coverage - What's Changed

EastGroup Properties (EGP) has seen a 5.3% increase after reporting stronger quarterly financial results, including higher revenue and net profit, and receiving fresh analyst coverage. Wells Fargo and Barclays issued "Buy" ratings, while Mizuho gave a "Hold." These developments highlight investor focus on EastGroup's …

Deadline for Lineage to address odor from Boyle Heights warehouse is here

Lineage Logistics faces a deadline today to resolve the foul odor emanating from its Boyle Heights warehouse, which caught fire nearly a month ago. State regulators have received almost 1,000 complaints, with residents reporting headaches and nausea due to the smell of over 85 …

Public Storage stock underperforms Tuesday when compared to competitors

Shares of Public Storage (PSA) fell 1.83% to $309.75 on Tuesday, despite a positive day for the broader market, with the S&P 500 and Dow Jones Industrial Average both rising. This marks the third consecutive day of losses for Public Storage's stock, underperforming its …

SmartStop Self Storage REIT (SMA) On Platform Expansion And A Fair Value Question

SmartStop Self Storage REIT (SMA) closed at $34.29, showing mixed short-term returns but 11.48% year-to-date growth. The company, focused on self-storage across the U.S. and Canada, is considered 5% undervalued with a popular narrative fair value of $36.10, especially after acquiring Argus. Investors are …

Prologis ends 2.3% below its high on 22.3M shares, but activity pressure turns negative

The industrial REIT’s 6.3% weekly advance came with above-average participation and an active Trend Signal, while Market Dynamics stopped short of confirming the move.

Tandem Investment Advisors Inc. Has $74.13 Million Position in Terreno Realty Corporation $TRNO

Tandem Investment Advisors Inc. reduced its stake in Terreno Realty Corporation (NYSE:TRNO) by 12% in the first quarter but still holds a significant position valued at $74.13 million. Despite the reduction, TRNO remains the 13th largest position in Tandem's portfolio, with the company recently …

EastGroup Is Maintained at Overweight by Piper Sandler

This article reports that Piper Sandler has reiterated its "Overweight" rating on EastGroup (NYSE:EGP). The analyst firm maintains a positive outlook on the company's stock.

SmartStop Self Storage REIT director David J. Mueller sells $14,186 in shares

David J. Mueller, a director at SmartStop Self Storage REIT, Inc. (SMA), sold 425 shares of the company's common stock for $14,186 on July 16, 2026, pursuant to a Rule 10b5-1 trading plan. Following the sale, Mueller directly holds 5,065 shares, in addition to …

Almost 1,000 resident air complaints filed with regulators over Lineage stench in Boyle Heights

Residents of Boyle Heights have filed almost 1,000 air complaints with regulators due to a stench emanating from a fire-ravaged Lineage Logistics cold-storage warehouse containing millions of pounds of rotting food. Regulatory agencies and local officials are demanding enhanced odor control measures and cleanup …

Extra Space Storage Inc. stock outperforms competitors despite losses on the day

Extra Space Storage Inc. (EXR) shares dropped 1.17% to $145.55, marking its third consecutive day of losses. Despite this, the stock "outperformed competitors," even as the broader market saw gains with the S&P 500 Index and Dow Jones Industrial Average both rising.

Segro rejects further acquisition offers from Prologis

UK firm Segro has repeatedly rejected acquisition offers from US real estate giant Prologis, viewing the proposals as undervaluing the company and diluting shareholder value. Prologis has made three unsuccessful bids, the latest valuing Segro at £13.5bn ($18.09bn), but Segro maintains it has a …