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Washington Real Estate Investment Trust (WRE) Receives “Hold” Rating from Stifel Nicolaus

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Washington Real Estate Investment Trust (NYSE:WRE)‘s stock had its “hold” rating reaffirmed by analysts at Stifel Nicolaus in a note issued to investors on Friday. They presently have a $33.00 (£25.21) price target on the real estate investment trust’s stock. Stifel Nicolaus’ target price suggests a potential upside of 3.25% from the company’s previous close.

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Real Estate

Real estate stocks rally

Real estate stocks

Shares of Singapore-listed property players are poised to achieve their highest annual gain in five years, with experts believing that the good times would continue, reported Bloomberg.

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Real Estate

Plan on Renn property approved

Renn property

A development along Frederick’s Monocacy Boulevard will add nearly 300 units in two buildings to more than 550 single-family houses, after getting approval from the city of Frederick’s Planning Commission on Monday night.

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Real Estate

GPIF recruits asset managers for real estate, infra investments

Japan’s Government Pension Investment Fund (GPIF) on Tuesday began recruiting asset managers for investments in private equity, infrastructure and real estate, as the world’s largest pension fund’s embrace of riskier assets gathers pace. In its first recruitment of outside managers for investments in so-called alternative assets, GPIF is looking to hire an unspecified number of institutional investors to oversee bets in Japan and other developed countries.

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