NEW YORK, March 1, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting CommonWealth REIT (NYSE: CWH), Mack Cali Realty Corp (NYSE: CLI), Corporate Office Properties Trust (NYSE: OFC), Brandywine Realty Trust (NYSE: BDN) and Highwoods Properties Inc (NYSE: HIW). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CommonWealth REIT Research Report
Shares for CommonWealth REIT surged more than 50 percent after two of its shareholders, Keith Meister, the founder of Corvex Management LP, and Related Cos said they were willing to offer $25 per share to buy the company. The two shareholders, which have a combined stake of 9.8 percent, called for a change in management structure and insisted that the company cancels plans to issue 27 million shares and further increase its diluted outstanding share count by nearly 30 percent. They also assert that CommonWealth's real estate assets are worth about $40 per share, but poor management has driven down the stock, causing it to be hugely undervalued. Many investors have sided with Related and Corvex and agreed that CommonWealth should create better shareholder returns and improve corporate governance. 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.investors-alliance.com/r/full_research_report/7906_CWH]
Mack Cali Realty Corp Research Report
Mack-Cali announced that it has signed two lease deals for 133,008 square feet of space at 125 Broad Street in downtown Manhattan. The first deal is with an existing tenant, AECOM Technology Corporation. AECOM renewed its lease for 59,652 square feet and expanded by 11,280 feet. The second deal is with Institute for Community Living, Inc., a not-for-profit corporation that assists individuals with disabilities. These deals will likely boost the company's earnings in the future. Last quarter, Mack Cali reported funds from operations (FFO) of 66 cents per share. It highlighted its Roseland Properties acquisition to assure greater earnings in the future. The acquisition reflects Mack Cali's initiative to expand to the multi-family sector, allowing it to diversify and perform better in the upcoming quarters. The Full Research Report on Mack Cali Realty Corp - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/af05_CLI]
Corporate Office Properties Trust Research Report
COPT reported significant earnings per share growth in the fourth quarter ended December 31, 2012. Its EPS was at 16 cents as compared to EPS loss of $1.26 in the fourth quarter of 2011. COPT President and CEO Roger A. Waesche, Jr. comments that the company exceeded expectations in past year. He cites that COPT executed lease at development and redevelopment properties for 1.2 million square feet, the highest new leasing volume in the company's history. Management also affirmed their issued 2013 FFOPS guidance of $1.83 to $1.93. Moving forward, COPT is betting on its new investments: 11 properties under construction and a new building in Herndon, Virginia. By investing in more high-value properties and divesting from underperforming ones, COPT is confident that it can meet its upbeat guidance for 2013. The Full Research Report on Corporate Office Properties Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/fe61_OFC]
Brandywine Realty Trust Research Report
Brandywine has partnered with Campus Crest Communities to build a 33-story tower in Philadelphia that will serve students from several schools. The property will be in close proximity to University of Pennsylvania and Drexel University. This is one of Brandywine's efforts to diversify its portfolio to include properties that are less sensitive to economic downturns. The company also stated that the year has been excellent so far, with a growing list of executed leases and a large pipeline of interest from new and existing tenants. The new development in Philadelphia will also likely brighten the company's outlook going forward. Seeing its positive momentum, Brandywine raised its FFO guidance for 2013 to a range of $1.41 to $1.48 per diluted share from $1.38 to $1.46. The Full Research Report on Brandywine Realty Trust - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/321e_BDN]
Highwoods Properties Inc Research Report
Shares for Highwoods Properties have been steadily increasing since the company reported its fourth quarter results. Highwoods Properties posted 68 cents FFO per share excluding property acquisition costs. Net income increased to $14 million or 18 cents per share from $11.42 million or 16 cents last year. This success can be attributed to the high occupancy rate in its properties, which exceeded 90 percent. Like many REITs, Highwoods is restructuring its portfolio to concentrate on lucrative markets. It has sold its non-core assets in Orlando and has acquired two Class A office buildings in Greensboro. The new assets are expected to highly accretive to Highwoods' FFO. The Full Research Report on Highwoods Properties Inc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/559b_HIW]
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Contact: Patricia Byers