Tuesday, January 23, 2007

 

Hotel-Restaurant-Pizzeria- Café "Petry" Vianden


The environment-friendly Hotel Petry is situated in the center of Vianden with its sunny terrace with children’s playground and private car parc. 2/3 of our hotel was built in 2000.

The hotel is equipped with clean, modern rooms which can be reached easily with elevators (wheelchairs no problem) . All rooms have showers or bath, WC, telephone, alarm clock and cable-tv.

In the case of bad weather we offer a playing room for children, sauna, bonarium, solarium, fitness and "Slender you" massages.

Ecology: the toilets are flushed with rain water, heat exchangers and advanced isolation enable low-energy heating and cooling.

 

Ventas reschedules earnings release


Ventas Inc. will release its 2006 fourth-quarter and year-end financial results after the close of trading on Tuesday, Feb. 20 — one week earlier than previously scheduled.

A conference call to discuss those results now will be held on Wednesday, Feb. 21, at 10 a.m. The call can be accessed at www.ventasreit.com.

Louisville-based Ventas , a health care real estate investment trust, owns independent and assisted-living facilities, skilled-nursing facilities, hospitals, medical office buildings and other properties in 43 states.

Published January 23, 2007 by Business First

 

Rayonier Warns Housing Market Will Hurt Timber Prices, Drive 2007 Profit Down Slightly


Forest products company Rayonier Inc. said Tuesday it sees 2007 first-quarter earnings falling slightly below last year’s results, as the continued housing slowdown depresses prices for its wood products.

Rayonier said lower timber earnings will push first-quarter results “slightly below” first-quarter 2006 levels, when the company earned 30 cents per share. Analysts are currently looking for 47 cents per share, according to Thomson Financial.

The company, which owns forest land, makes specialty fibers and operates real estate holdings, expects 2007 profit “generally in line with 2006.”

“While the housing slowdown will put pressure on timber and real estate markets in the near term, the impact should be mostly offset by the strength of our performance fibers business,” the company said.

Rayonier shares added 11 cents to $42.23 in morning trading on the New York Stock Exchange.

 

RAIT Financial Trust Announces Over-Allotment Exercise of 1.5 Million Shares


RAIT Financial Trust announced today that, on January 19, 2007, the underwriters of its public offering of 10.0 million common shares of beneficial interest, which priced on January 18, 2007, exercised in full the over-allotment option for an additional 1.5 million common shares that RAIT granted to them in connection with the offering. After giving effect to the exercise of the over-allotment option, in this offering RAIT will sell 11.5 million common shares and will receive aggregate net proceeds of $365.5 million after underwriting discounts, commissions and estimated offering expenses. Delivery of the net proceeds is expected to be on Wednesday, January 24, 2007. RAIT intends to use these net proceeds to repay indebtedness and for general trust purposes as is more fully described in the prospectus supplement referred to below.

The offering is being made solely by means of a prospectus supplement and the accompanying prospectus, copies of which may be obtained by contacting Friedman Billings Ramsey & Co., Inc., 1001 Nineteenth Street North, Arlington, Virginia 22209; Attention: Syndicate Department; (703) 312-9500 and Bear, Stearns & Co. Inc., 383 Madison Avenue, New York, New York 10179; Attention: Prospectus Department; (631) 274-8321. This news release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of RAIT’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About RAIT Financial Trust

RAIT Financial Trust, a real estate investment trust (”REIT”), originates secured and unsecured debt instruments including bridge, mezzanine and whole commercial real estate loans, trust preferred securities and subordinated debt for private and corporate owners of commercial real estate, REITs and real estate operating companies throughout the United States and Europe. For more information, please visit www.raitft.com or call Investor Relations at 215-861-7900.

Contact:

RAIT Financial Trust Contact
Andres Viroslav
215-861-7923
aviroslav@raitft.com

Source: RAIT Financial Trust

 

Brandywine Realty Trust Sets Fourth Quarter Conference Call



Brandywine Realty Trust announced that it will release fourth quarter earnings after the market close on Thursday, February 22, 2007 and hold its fourth quarter conference call on Friday, February 23, 2007 at 11:00 a.m. Eastern Time. The conference call can be accessed by calling 1-800-683-1525, reference conference ID #8363577. After the conference, a taped replay of the call can be accessed 24 hours a day through Friday, March 9, 2007 by calling 1-877-519-4471 — access code 8363577.

About Brandywine Realty Trust

Brandywine Realty Trust (NYSE:BDN - News), with headquarters in Radnor, PA, is one of the largest full-service, completely integrated real estate companies in the United States. Organized as a real estate investment trust (REIT), Brandywine owns, manages or has ownership interest in office and industrial properties aggregating 43 million square feet.

For more information, visit Brandywine’s Web site at www.brandywinerealty.com.

Note: Certain statements in this release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, achievements or transactions of the Company and its affiliates or industry results to be materially different from any future results, performance, achievements or transactions expressed or implied by such forward-looking statements. Such risks, uncertainties and other factors relate to, among others, the Company’s ability to lease vacant space and to renew or relet space under expiring leases at expected levels, the potential loss of major tenants, interest rate levels, the availability and terms of debt and equity financing, competition with other real estate companies for tenants and acquisitions, risks of real estate acquisitions, dispositions and developments, including cost overruns and construction delays, unanticipated operating costs and the effects of general and local economic and real estate conditions. Additional information or factors which could impact the Company and the forward-looking statements contained herein are included in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events.

Contact:

Press Contact:
Amy Biemiller
Director of Communications
Brandywine Realty Trust
610-832-7705
amy.biemiller@bdnreit.com

Investor Contact:
Gerard H. Sweeney
Brandywine Realty Trust
610-325-5600
info@brandywinerealty.com

Source: Brandywine Realty Trust

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