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Cash Dividends, Acquisitions, and Lease Agreements - Research Report on American Capital Agency, Prologis, BRE, Select Income, and COPT

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NEW YORK, July 9, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting American Capital Agency Corp. (NASDAQ: AGNC), Prologis, Inc. (NYSE: PLD), BRE Properties Inc. (NYSE: BRE), Select Income REIT (NYSE: SIR), and Corporate Office Properties Trust (NYSE: OFC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

American Capital Agency Corp. Research Report

On June 18, 2013, American Capital Agency Corp.'s (American Capital) Board of Directors declared a cash dividend of $1.05 per common share for Q2 2013. The dividend is payable on July 26, 2013, to common shareholders of record as of June 28, 2013, with an ex-dividend date of June 26, 2013. In other news dated June 19, 2013, the Company announced that its Board of Directors has declared a cash dividend on its 8% Series A Cumulative Redeemable Preferred Stock of $0.50 per share for Q2 2013. The dividend is payable on July 15, 2013 to preferred shareholders of record as of July 1, 2013 with an ex-dividend date of June 27, 2013. The Full Research Report on American Capital Agency Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b6dd_AGNC]

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Prologis, Inc. Research Report

On July 2, 2013, Prologis, Inc. (Prologis) announced that Prologis European Logistics Partners Sarl (PELP), a 50/50 joint venture between the Company and Norges Bank Investment Management (NBIM), purchased 11 buildings in the United Kingdom. The Company informed that the high-quality distribution facilities (totaling approximately 2.5 million square feet), are located in the West London, the South East and Midlands market of the UK. According to Gary Anderson, CEO, Prologis Europe & Asia, "This acquisition is a unique opportunity to purchase high-quality assets in the United Kingdom that complement PELP's existing portfolio. Demand for logistics infrastructure in the UK is rising at a time when the construction of new facilities is at a historic low. These strategically-located properties complement our existing portfolio and will allow us to better meet the needs of our customers." 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.wsreports.com/r/full_research_report/04ce_PLD]

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BRE Properties Inc. Research Report

On July 1, 2013, BRE Properties Inc. (BRE) provided an update on it disposition activities. In June 2013, the Company completed the sale of Summerwind Townhomes for a net total of $46.8 million. Also in June 2013, the Company completed the sale of Arcadia Cove for a net total of $6.0 million. Constance B. Moore, BRE President and Chief Executive Officer, commented, "These sales further our strategy of disposing of non-core communities and recycling capital into our high-barrier, core in-fill development pipeline. Including our first quarter dispositions, we have generated approximately $100 million in sales proceeds and are targeting an additional $75 million to $125 million of communities to be marketed for sale in the second half of 2013." The Full Research Report on BRE Properties Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/027e_BRE]

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Select Income REIT Research Report

On June 27, 2013, Select Income REIT (SIR) announced that a public offering of 10.5 million common shares have been priced at $28.25 per share. The Company expects to use the net proceeds to repay amounts outstanding under its revolving credit facility, general business purpose and property acquisitions. SIR informed that a 30-day option to purchase up to an additional 1.6 million common shares have been given to the underwriters. The joint bookrunning managers of the offering include BofA Merrill Lynch, Citigroup, Morgan Stanley, UBS Investment Bank, Wells Fargo Securities and RBC Capital Markets. The lead manager of the offering is Jefferies LLC. The co-managers are BB&T Capital Markets, Janney Montgomery Scott, JMP Securities, MLV & Co., and Oppenheimer & Co. The Full Research Select Income REIT - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.wsreports.com/r/full_research_report/b829_SIR]

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Corporate Office Properties Trust Research Report

On July 3, 2013, Corporate Office Properties, Trust (COPT) announced that it has executed leases for over one million square feet in Q2 2013, of which nearly 600,000 square feet were new leases, including over 460,000 square feet of new leases for properties under construction before or during Q2 2013. The Company stated that as a result of this, its construction pipeline, which was 62% pre-leased at March 31, 2013, was 74% leased at June 30, 2013. As stated by Roger A. Waesche, Jr., President and Chief Executive Officer of the Company, "We are pleased to see development leasing outpacing our forecast for the year. We believe that four consecutive quarters of better than expected demand for new development space illustrates how some of our strategic customers are regaining the confidence to make longer term space commitments." 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.wsreports.com/r/full_research_report/16ec_OFC]

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  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
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SOURCE Wall Street Reports

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