May 23, 2013
(Stock Blog Hub,
4/13/11)
AMB Property Corp. (AMB), a real estate investment trust (REIT), has recently leased about 219,600 square feet of space in its build-to-suit property in Chengdu in western China,...(read more)
(Investment U,
2/7/11)
ProLogis and AMB Property Merge to Create an Industrial REIT Juggernaut
by Tony D'Altorio, Investment U Research
Monday, February 7, 2011
Merger and acquisition activity in the real...(read more)
(tickerspy.com,
1/27/11)
News of a possible mega-deal among industrial real estate investment trusts (REITs) ProLogis Trust (PLD) and AMB Property (AMB) is lifting that sub-sector higher. The Industrial REITs Index is up 2.2% today after gaining just 4%...(read more)
AMB Property (AMB) Company Overview
AMB Property Corporation (NYSE: AMB) leases 155 M square feet of warehouse space worldwide--about the area of a medium-sized town in America--to multinational tenants like FedEx, UPS, Nippon Express, and the United States government, as well as to nearly three thousand smaller companies spread across 47 markets in the Americas, Asia, and Europe.[1] In addition to its REIT business, the company also has a money management business. Although only responsible for 5% of AMB's revenue, its investment advisory business provides a steady source of funding for its real estate acquisitions and development projects.[2] The company earned $633 million in revenue but incurred a net loss of $50 million in 2009.[3] AMB builds many of its properties next to key transport centers like airports ("on-tarmac" property) and major sea/river ports. The company also has international exposure, which allows it to attract large multinational customers who are willing to pay a premium for a more comprehensive international offering. (Read more at Wikinvest ) What's in this AMB analysis on Wikinvest...
|
| ||||||
May 23, 2013