filecrux
Oct 25, 10:58 PM
$XLRE $CBRE $VTMX Real estate, week of Oct 19: 19 companies had notable news (23 filings and releases).
🏢 Results led the week: 10 companies had results news in 11 filings and releases (6 labelled good for holders, 4 bad, 1 mixed), and 4 had deal news
🤝 CBRE, the world's largest commercial real estate services firm, agreed to buy London data center firm Onnec for £460M (~
$610M) in cash, plus up to £300M (~
$400M) more if growth targets are met
🚀 Vesta, a landlord for industrial buildings in Mexico, raised its 2026 revenue growth forecast to 11.5%-12.5% from 10%-11%, as rental revenue excluding energy grew 10.8%
✂️ Brandywine, an office landlord, cut its 2026 FFO forecast to
$0.45-
$0.47 from
$0.53-
$0.57, but its core forecast, which leaves out
$15.4M of losses on retiring debt, is
$0.54-
$0.56
📉 AGNC, a mortgage bond investor, said book value fell 16.9% to
$7.13 a share, and it also sold 97.6M new shares for
$992M, above book value
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