Karl Vidal

Jan 5, 2024 | spglobal.com | Karl Vidal

Apartment rent growth continues to moderate; Hudson, Macerich sell Calif. assets S&P Global Market Intelligence offers our top picks of real estate news stories published throughout the week. Apartment rent growth is expected to continue to moderate in 2024 on the back of a surge of new supply, The Wall Street Journal reported. Yardi Matrix forecasts a 1.5% increase in rent, while CBRE expects a 1.2% growth in 2024.

Sep 19, 2023 | spglobal.com | Karl Vidal

Upgrade Mizuho Securities USA analysts Haendel St. Juste and Ravi Vaidya upgraded their call on shopping center real estate investment trust Kimco Realty Corp. to "buy" from "neutral," with a price target of $20. The analysts expect improved earnings for the REIT this year as concerns about lack of growth, valuation, tenant and consumer credit are now seen as less of a risk.

Jul 5, 2023 | spglobal.com | Karl Vidal

Private equity and venture capital investment in restaurants across Europe rose sharply in the first half of the year, primarily due to one large deal announced in January. McWin sro's $434.8 million planned acquisition of a majority stake in Munich-based casual dining company Fr L'Osteria GmbH accounted for the vast majority of the aggregate transaction value for the first half of 2023.

Jun 16, 2023 | spglobal.com | Karl Vidal

S&P Global Market Intelligence offers our top picks of real estate news stories published throughout the week. Warehouse rent growth for several markets along the US East Coast has been positive year to date through May despite slowing demand, according to Jefferies analyst Jonathan Petersen. Eastern and central Pennsylvania saw the highest year-to-date rent growth at 10.0%, while Atlanta saw a 7.3% improvement, Petersen said in a June 14 research note.

Jun 6, 2023 | spglobal.com | Karl Vidal

Upgrade BMO Capital Markets analysts John Kim and Juan Sanabria upgraded Equity Residential's rating to "market perform" from "underperform," with a target price of $64.00. The analysts expect the leasing season in the second and third quarters to remain intact, which should bode well for continued strong leasing figures. Reiterations BMO Capital Markets analysts Ari Klein and John Kim reiterated Digital Realty Trust Inc.'s "market perform" rating, with a target price of $100.00.