O - Mergers and acquisitions

Addresses Sale Speculation Modiv Industrial, Inc. ("Modiv" or the "Company") (NYSE:MDV), the only public REIT exclusively focused on acquiring industrial manufacturing real estate properties, today announced its latest independent, third-party appraisal of its assets resulting in an updated Net Asset Value ("NAV") of $24.11 per share as of December 31, 2024. The following is a statement from Aaron Halfacre, CEO of Modiv Industrial: "This year we engaged Cushman & Wakefield to conduct an appraisal of our 43 properties and to value our three fixed rate mortgages. Their estimates of value were then used to calculate our net asset value (NAV) per share as delineated in the table further b

Realty Income Acquires 80% Equity Interest in Two Data Centers Currently Under Construction in Northern Virginia, with Up to 48 Megawatts of Potential IT Load AUSTIN, Texas and SAN DIEGO, Nov. 13, 2023 /PRNewswire/ -- Digital Realty ((DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Realty Income Corporation ((Realty Income, O), The Monthly Dividend Company®, announced that they have established a joint venture to support the development of two build-to-suit data centers in Northern Virginia.  Realty Income invested approximately $200 million to acquire an 80% equity interest in the venture, while Digital Realty mainta