Article provided by Saurage Rotenberg Commercial Real Estate
Written by Alex Finkelstein, realestatechannel.com [November 24, 2010]
Almost abandoned by investors a few years ago, the nation’s 50-year-old real estate investment trust industry is back in favor with investors.
The reason: Some of the country’s largest landlords have increased dividends to shareholders.
The Wall Street Journal reports some of the largest commercial real-estate companies, including Simon Property Group Inc., Kimco Realty Corp. and Nationwide Health Properties Inc., raised their quarterly dividends this month.
More companies are expected to follow suit in the months ahead, according to the WSJ. The higher payouts reflect the higher rents and better occupancy levels, which are boosting the income pool for dividends.
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Saurage Rotenberg Commercial Real Estate was established with the goal of providing outstanding professional commercial real estate brokerage services. Comprised of highly-skilled, certified professionals, and experienced marketing experts with diverse backgrounds Saurage Rotenberg Commercial Real Estate is comprehensively experienced in every aspect of the commercial real estate industry—an advantage that allows us to provide a full range of services based on our clients individual needs and objectives.
Saurage Rotenberg Commercial Real Estate is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Growth Coalition; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).
