Business & Finance
Wed, January 30, 2013Tue, January 29, 2013Mon, January 28, 2013Sun, January 27, 2013Sat, January 26, 2013Fri, January 25, 2013Thu, January 24, 2013Wed, January 23, 2013Tue, January 22, 2013Mon, January 21, 2013Sat, January 19, 2013Fri, January 18, 2013Thu, January 17, 2013Office REITs Merging and Paying Down Debt
Published in Business and Finance on Thursday, January 24th 2013 at 5:17 GMT by Market Wire
StockCall Research on American Realty Capital Trust and Duke Realty: Office REITs Merging... -- LONDON, January 24, 2013 /PRNewswire/ --
LONDON, January 24, 2013 /PRNewswire/ --
REIT companies, including those operating in the office segment such as Duke Realty Corp. (NYSE: [ DRE ]) and American Realty Capital Trust Inc. (NASDAQ: [ ARCT ]), have been enjoying a relatively positive environment through the fourth quarter of 2012, and many expect the trend to persist in the New Year. StockCall have published technical and charting review onDuke Realty andAmerican Realty Capital Trust, and these are available for free by registering at [ http://www.stockcall.com/registration ]
The uncertainty surrounding the wider economy has kept interest rates low, providing REITs with good opportunity for growth. Furthermore, low levels of supply have been benefiting the industry and constrained lending for development will likely continue this trend.
During the final quarter of last year, REIT mergers and acquisitions gained some momentum, fuelled by easy access to capital and low interest rates. For some this seems to be carrying over into 2013. American Realty Capital Trust Inc. recently announced that its merger with Realty Income Corporation has gained stockholders' approval. Read our full analysis on American Realty Capital Trust at [ http://www.StockCall.com/ARCT012413.pdf ]
Elsewhere in the industry, Duke Realty seems focused on improving its balance sheet and lowering its interest expenses. The company recently priced a public offering of 36 million common shares at $14.25 per share, the proceeds of which are intended to pay down debt and for general corporate expenses. Sign up now and download our free report on Duke Realty at [ http://www.StockCall.com/DRE012413.pdf ]
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at [ http://www.stockcall.com ]
SOURCE StockCall.com
