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Prologis Boosts Outlook on Record Quarterly Earnings
The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link
Amazon's Slowdown Has Yet to Pinch Its Landlord
Warehouse giant Prologis said rents continued to rise in the first quarter, as U.S. consumers keep spending money online. Source link
Saudi Arabia Transfers Nearly $78 Billion of Aramco Shares to Wealth Fund
The second such transfer comes amid high oil prices and as the kingdom seeks to diversify its economy away from oil. Source link
Don't Call Them 'Barbarians at the Gate'
KKR plans to invest broadly and double earnings as founders Kravis and Roberts prepare to hand off control Source link
Houston Apartment Owner Loses 3,200 Units to Foreclosure
The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link
Big Hospital Property Owner Expects Earnings Hit
Medical Properties Trust expects to take a roughly $300 million charge tied to a deal involving some of its holdings. Source link
Housing Is Turning Out to Be a Lousy Shelter for Investors
Apartments have been the second-worst performing type of real estate in the U.S. after offices over the past year. Source link
Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
Markets Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link
Extra Space Storage to Combine With Life Storage in $12.7 Billion Deal
WSJ News Exclusive Deals A deal would create the largest storage-facility operator in the U.S. by number of locations Source link