REITS


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Critics say REIT stock buybacks aren’t working as planned, but while the pandemic has paused some such efforts, others have continued. 
National Issue

Buyback blowback: REITs that repurchased stock now need cash

New York City’s largest office landlord has been hellbent on shrinking its portfolio over the past few years. Instead...

Buyback blowback: REITs that repurchased stock now need cash
Photo illustration of Hudson Pacific Properties CEO Victor Coleman and Blackstone Group President Jonathan Gray (Coleman by Rich Polk/Getty; Gray by Drew Angerer/Getty; Top Gun by Paramount Pictures/Sunset Boulevard/Corbis/Getty)
Los Angeles

Inside Hudson Pacific and Blackstone’s field of streams

As many developers just try to hang on during the pandemic, Victor Coleman is celebrating. During an earnings call...

Inside Hudson Pacific and Blackstone’s field of streams
The FTSE Nareit All REITs index rose by 3.68 percent on Tuesday, outpacing the broader markets as the New York Stock Exchange reopened its trading floor following a two-month closure. (Getty; iStock)
National

REIT stocks rise as NYSE trading floor reopens

The reopening of the New York Stock Exchange trading floor Tuesday accompanied a burst of optimism in the stock...

REIT stocks rise as NYSE trading floor reopens
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