W. P. Carey - A Soaring New REIT On A Flight To Quality

Zacks.com submits: Redefining the market dynamics, ProLogis (PLD), a leading global provider of distribution facilities, has merged with its rival, AMB Property Corp. (AMB) in an all-stock deal to become a behemoth of sorts in the industrial real estate sector.

By Brad Thomas:It seems that the lines are becoming blurred these days when it comes to non-listed REITs and publicly-traded REITs. As a matter of evolution, the smaller non-traded REITs have been comparable to "kissing cousins" when it comes to the favored publicly-listed REIT attributes of liquidity and full value transparency.

By Brad Thomas:As we learned last week with the announced acquisition of American Realty Capital Trust Inc. (ARCT) by Realty Income Corporation (O), the triple-net sector is all about a "flight to quality".

By Brad Thomas:As the Triple-Net sector is seeing an abundant supply of low cost debt and equity, the demand for public REITs is at an all-time high. Of course driving the strong demand is a surge in non-traded REIT liquidity events - or planned public mergers - that is leading to a consolidation wave in the predictable cash flow sector.

W. P. Carey (WPC) Q4 2012 Earnings Call February 26, 2013 11:00 am ET Executives Susan C. Hyde - Managing Director, Director of Investor Relations and Corporate Secretary Trevor P. Bond - Chief Executive Officer, President, Independent Director, Member of Executive Committee, and Member of Strategic Planning Committee Mark J. DeCesaris - Chief Financial Officer, Managing Director and Director Catherine D. Rice - Managing Director

The battle for one of the country’s largest real estate investment trusts has ended in a compromise with some of Canada’s largest players in the property sector agreeing to split up the spoils of Primaris REIT instead of fighting over them. After almost of two months of wrangling over the retail portfolio of Primaris, a group led by KingSett Capital, which includes Canada’s largest REIT RioCan, has come up with a peace accord with H&R REIT, the number two player in the field.

Tim Duy: Safe Assets and the Coordination of Fiscal and Monetary Policy, by Tim Duy: Kansas City Federal Reserve Bank President Esther George considers the long-run consequences of Federal Reserve policy:

One month ago, CAP REIT completed the $176.5-million acquisition of Montreal’s Olympic Village property, two 21-storey pyramid shaped buildings that were a major landmark for those who attended the 1976 Olympics and which were a short walk from the other landmark, the non-retractable roofed Big O. Today, CAP REIT will complete a $160.8-million equity financing, a move that means ownership of the iconic east end Montreal buildings will be in the public’s hands.