HCP, now renamed Healthpeak Properties, puts up an impressive show in third-quarter 2019 on the back of growth in the life-science and medical-office segments' net operating income.
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Alexandria Real Estate Equities' (ARE) Q3 results reflect decent internal and external growth, as well as continued strong leasing activity and rental-rate growth in the quarter.
While HCP's Q3 results will likely reflect benefits of higher occupancy in the U.S. seniors housing market, a decline in income from direct financing lease might have impacted its revenue growth.
HCP's mutually-beneficial agreement with Brookdale reduces the operator's concentration in the company's portfolio to 8% and enables transitions to Life Care Services under a highly-incentivized contract.
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Delivering on its strategy to expand presence in the Boston region, HCP will acquire a trophy life science property -- 35 CambridgePark Drive -- for $332.5 million.
The latest unveiling of Public Storage's (PSA) storage units in Murfreesboro comes as part of the company's effort to expand in this region which has been witnessing rapid growth of the neighborhood.
Boston Properties (BXP) will redeem its outstanding 5.625% senior notes due in 2020 by using proceed raised from sale of 2.9% senior notes, which will likely result in interest saving.
Medical Properties' (MPW) recent quarterly dividend hike indicates the sixth consecutive year of such increase.
While Welltower (WELL) is aimed at fortifying the senior housing portfolio through strategic investments, near-term earnings dilution from asset sales remains a concern.
HCP's efforts to expand its medical office and life-science portfolio, a diversified and high-quality portfolio and favorable demographic trends make it an attractive pick.
HCP witnesses rise in revenues and net operating income in the second quarter of 2019.