NEW YORK, October 21, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting BlackRock, Inc. (NYSE: BLK), Prologis, Inc. (NYSE: PLD), Apartment Investment & Management Co. (NYSE: AIV), Entertainment Properties Trust (NYSE: EPR), and CommonWealth REIT (NYSE: CWH). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
BlackRock, Inc. Research Report
On October 7, 2013, BlackRock, Inc. (BlackRock) announced that it has completed the acquisition of MGPA. The Company reported that MGPA is an independently-managed private equity real estate investment advisory company in Asia-Pacific and Europe. Commenting on the acquisition, Jack Chandler, BlackRock's Global Head of Real Estate, stated, "This transaction shows our commitment to offer investors access to the most attractive markets worldwide. The combined business will house some of the most talented and experienced real estate investment professionals and most attractive funds in the industry, and we are extremely well-positioned to help clients meet their objectives and liabilities in a low yield and volatile world." Additionally, Simon Treacy, Global Chief Investment Officer for BlackRock Real Estate and former Group CEO for MGPA, said, "Combining with BlackRock will provide many benefits for our clients and staff as we are joining a firm with a deep fiduciary culture, unrivalled risk management capabilities, and the same commitment we have to delivering superior investment performance." The Full Research Report on BlackRock, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c3a9_BLK]
Prologis, Inc. Research Report
On October 1, 2013, Prologis, Inc. (Prologis) announced that Prologis European Properties Fund II (PEPF II) has received new capital commitments of €450 million ($610 million) after opening to new investors for the first time. According to the Company, investor demand exceeded the offering amount and fundraising closed ahead of its mandated period, and in September 2013, PEPF II accepted final capital commitments to reach the €450 million ($610 million) equity cap for the offering. Commenting on the release, James W. Green, Managing Director of Global Client Relations at Prologis, said, "The strength of the equity raise reflects the fund's high-quality offering and the attractiveness of the European logistics market. European logistics asset values are poised for sustainable growth with favorable supply/demand imbalances and positive rental growth expectations." The Full Research Report on Prologis, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/00c4_PLD]
Apartment Investment & Management Co. Research Report
On October 1, 2013, Apartment Investment & Management Co. (Aimco) announced two investments that aim to upgrade its Boston area portfolio. The Company stated that it has closed the acquisition of Charlesbank Residences and that it has entered into an agreement with Trinity Financial to develop a 12-story building at One Canal Street in the historic Bulfinch Triangle neighborhood of Boston's West End. Commenting on the acquisitions, Terry Considine, Chairman and CEO of AIMCO, said, "Aimco's recent investment activities in Boston are an important step to achieving our stated goal of upgrading our locations in that market. While we like our allocation to the area, we seek to own and operate properties at a higher price point than that of what has been a primarily suburban portfolio. By adding the stabilized Charlesbank community to our portfolio and partnering with Trinity to develop the One Canal Street location, we are better positioned to serve our target customers in Boston." The Full Research Report on Apartment Investment & Management Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/039e_AIV]
EPR Properties Research Report
On October 11, 2013, EPR Properties announced that following the end of quarter, the Company closed on a transaction to acquire the Camelback Mountain Resort in Tannersville, PA, for approximately $70 million. According to the Company, the resort consists of 160 acres of skiable terrain and includes a water park, an outdoor adventure park, a 40 lane tubing facility and base lodge. Commenting on the transaction, David Brain, President and CEO of EPR Properties, said, "I am very pleased to announce this expansion of our Recreation portfolio with Camelback Mountain Resort. Camelback has been a very popular and successful recreation property for over 50 years and importantly, offers year-round attractions and sustainable year-round cash flows." The Full Research Report on EPR Properties - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a47e_EPR]
CommonWealth REIT Research Report
On October 9, 2013, CommonWealth REIT announced that it has declared a regular quarterly common dividend of $0.25 per common share which will be paid with respect to the results of operations for the quarter ended September 30, 2013, to holders of record as of the close of business on October 25, 2013, distributed on or about November 22, 2013. Additionally, the Company also declared a distribution of c.$0.41 per Series D Cumulative Convertible Preferred Share and of c.$0.45 per Series E Cumulative Redeemable Preferred Share both will be paid on or about November 15, 2013, to holders of record as of the close of business on November 1, 2013. The Full Research Report on CommonWealth REIT - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/629d_CWH]
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