American Community Properties Trust announced today that it has reached agreement on a third amendment to the Company’s sales agreement with Lennar Corp., and has sold its interest in a joint venture to the homebuilding company. The Company also announced that its Board of Trustees authorized a cash dividend of $0.10 per share on common shares outstanding. The dividend will be payable on December 29, 2008 to shareholders of record on December...
Lexington Realty Trust announced that it declared a regular common share dividend/distribution for the quarter ended December 31, 2008 of $0.18 per common share/unit payable on January 15, 2009 to shareholders/unitholders of record on December 31, 2008. Lexington also declared dividends of $0.503125 per Series B Cumulative Redeemable Preferred Share, $0.8125 per Series C Cumulative Convertible Preferred Share, and $0.471875 per Series D Cumulative...
Pure Industrial Real Estate Trust is pleased to announce that its Board of Trustees has approved a cash distribution of $0.025 per trust unit for the period from November 1, 2008 to November 30, 2008 (equivalent to $0.30 per trust unit on an annualized basis). This distribution will be paid on December 15, 2008 to unitholders of record at the close of business on November 28, 2008. The policy of Pure Industrial Real Estate Trust is to pay cash distributions...
InnVest Real Estate Investment Trust (“InnVest” or the “Trust”)(TSX:INN.UN) announced today that it has declared a distribution of $0.0625 per unit payable on December 15, 2008 to Unitholders of record as at the close of business December 1, 2008. The November distribution represents a one third reduction from monthly distributions of $0.09375 per unit that have been paid since the Trust’s inception in 2002. “InnVest...
Investors Real Estate Trust announced that its Board of Trustees has declared a regular quarterly distribution of 16.95 cents per share/unit payable on January 14, 2009, to common shareholders and unitholders of record at the close of business on January 2, 2009. The distribution reinvestment price will be the closing NASDAQ share price on January 14, 2009, less a discount of 5%. The Company has filed a registration statement with the Securities...
The Board of Trustees of InStorage Real Estate Investment Trust (“InStorage”) (Toronto:IS-UN.TO – News) today provided a further update regarding the status of InStorage’s process to review strategic alternatives to the take-over bid made by Canadian Storage Partners, ULC (“Partners ULC”) to acquire all of the outstanding trust units of InStorage at a price of $3.75 per unit. InStorage and Partners ULC have agreed,...
The Board of Trustees of InStorage Real Estate Investment Trust (“InStorage”) provided an update in response to inquiries received from unitholders regarding the status of InStorage’s process to review strategic alternatives to the hostile take-over bid made by Canadian Storage Partners, ULC (“Partners ULC”) to acquire all of the outstanding trust units of InStorage at a price of $3.75 per unit. As previously expressed,...
Kennecott Land and University Health Care announced plans to construct a 150,000-square-foot healthcare center in the Daybreak Community to serve the southwest valley’s growing population. The multi-specialty health center, located at 11400 South Daybreak View Parkway, will be conveniently located next to the future Mountain View Corridor and Mid-Jordan TRAX extension, allowing convenient access for patients and employees. Rio Tinto’s Kennecott...
The Board of Trustees of the ING Clarion Real Estate Income Fund, which trades on the New York Stock Exchange under the symbol “IIA”, declared a monthly distribution of $0.045 per share for the month of November 2008. The previous monthly distribution amount was $0.115 per share. The following dates apply: IIA’s current distribution rate represents an annualized yield of 13.8% based on the closing market price of $3.90 on November 13, 2008...
Artis Real Estate Investment Trust announced that its board of trustees has approved a temporary partial waiver of its blackout policy that applies to trustees, management, staff and other related parties. Under the temporary partial waiver trustees, management, staff and other related parties will be permitted to trade in trust Units (“Units”) provided that they are not in possession of material undisclosed information relating to the...
The Contour Lounge Chair by Murillo
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Contemporary Office Designs from Triple Five Design
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The Gallery House designed by architect Richard Librach
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The Riedel Amadeo Decanter from Williams-Sonoma
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