For over 50 years, Bloomberg Tax’s renowned flagship daily news service, Daily Tax Report® has helped leading practitioners and policymakers stay on the cutting edge of taxation and...
Jan. 16 — Forest City Enterprises Inc., Windstream Holdings Inc. and Sears Holdings Corp. shares surged and trading volume jumped on the days they announced plans to create real estate investment trusts.
Such investor enthusiasm for REITs is helping persuade more companies to convert, or spin off their property into trusts, including some that have little in common with traditional types of real estate. In the past two years, nine companies have converted or spun off assets to create REITs, more than double the previous three years combined, and at least six are considering or planning to make the change, according to Green Street Advisors LLC.
While shares of some companies announcing REIT plans have surged on the news, success for newly minted trusts isn't guaranteed, especially if they are outside the established core of offices, apartments, shopping centers and warehouses. Newer REIT groups such as casino landlords may have trouble growing and luring investors, partly because they are little-known entities with a tenant base that isn't diverse.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)