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Michael Sweeney is an investor in and advocate of Bitcoin. 51Bits.com is a bitcoin fund set up to invest in Bitcoin and digital currency opportunities. The fund will NOT have a traditional bank account as investments and distributions are 100% in bitcoin. Current investments and opportunities... More
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  • Highwoods Properties Listed In Benzinga's List Top 4 REITs, $CLI, $DLR, $HIW 0 comments
    Mar 2, 2012 2:56 PM | about stocks: HIW, CLI, DLR

    Top 4 Mid-Cap Stocks In The REIT-Office Industry With The Highest ROA

    A real estate investment trust or REIT is a tax designation for a corporate entity investing in real estate. The REIT structure was designed to provide a real estate investment structure similar to the structure mutual funds provide for investment in stocks. Highwoods Properties is a member of the S&P MidCap 400 Index, is a fully integrated, self-administered real estate investment trust ("REIT") that provides leasing, management, development, construction and other customer-related services for its properties and for third parties. As of December 31, 2011, the Company owned or had an interest in 338 in-service office, industrial and retail properties encompassing approximately 34.5 million square feet. The company's core markets are located in the Southeastern and the Midwestern US. As of September 30th, 2007, the company owned or had interests in 378 in-service office, industrial holdings, and retail properties, with an aggregate of 33.6 million square feet (sf) of gross leaseable space. In addition, Highwood also owned 662 acres of developable land. Office, Industrial, and Retail segments comprised 83.0%, 7.5% and 9.5% of the company's annualized revenue respectively (including joint venture properties). The company's top five operating markets (including joint venture properties) are Atlanta (13.7% of annualized revenue), Raleigh (13.4%), Kansas City (13.2%), Tampa (12.1%), and Nashville (11.7%). The federal government is Highwoods' largest tenant, accounting for 6.84% of the total annualized revenue.

    Benzinga picks their top mid-cap REIT-office stocks on the NYSE and the NASDAQ in terms of return on assets.

    The trailing-twelve-month return on assets at Highwoods Properties Inc (NYSE: HIW) is 2.74%. HIW's operating margin for the same period is 27.24%. Here is the most recent financials for HIW @ Yahoo Finance.

    The trailing-twelve-month return on assets at Digital Realty Trust Inc (NYSE: DLR) is 3.48%. DLR's revenue for the same period is $1.04 billion. Digital Realty Trust acquired an 819K square foot operating data center and office campus in suburban Dallas for $123M this week. The office park is 99% leased, with 36% of revenue coming from leased data center space.

    The trailing-twelve-month return on assets at Liberty Property Trust (NYSE: LRY) is 3.06%. LRY's operating margin for the same period is 36.85%.

    The trailing-twelve-month return on assets at Mack-Cali Realty Corporation (NYSE: CLI) is 2.99%. CLI's revenue for the same period is $726.30 million.

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    Stocks: HIW, CLI, DLR
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