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Boston Properties Raises Silicon Valley Bet With New-Office Deal

2019-02-04 17:30:41| National Real Estate Investor

Boston Properties is teaming up with TMG Partners to develop a 1.1-million-sq.-ft. urban office campus in downtown San Jose.

Tags: deal properties valley boston

Sony raises FY net profit forecast after strong growth in Q3

2019-02-01 11:26:00| Telecompaper Headlines

(Telecompaper) Sony has upped its net profit for the forecast for the full year after strong growth in the third quarter. The company's net profit jumped to JPY 429.0 billion in the third quarter from 295.1 billion the year before, despite revenues going lower to JPY 2.401 trillion from 2.672 trillion and restructuring charges advancing to JYP 6.9 billion from 3.1 billion year-on-year. The operating profit lifted to JPY 377.0 billion from 350.8 billion.

Tags: in net strong sony

Airstream Hotel Chain Raises $115 Million in New Bet on Glamping

2019-01-29 23:31:58| National Real Estate Investor

A San Francisco-based company raised $115 million to build Airstream trailer hotels nationwide.

Tags: on hotel million chain

Comcast raises dividend as Sky takeover boosts Q4 growth

2019-01-23 14:01:00| Telecompaper Headlines

(Telecompaper) Comcast announced a 10 percent increase in its quarterly dividend, helping to offset plans to halt its share buyback after increased debt taken on for the Sky acquisition and signs of accelerating cord-cutting at its US cable business. Revenue for the quarter rose 26.1 percent to USD 27.85 billion thanks to the Sky takeover from October, and adjusted EBITDA was up 21.6 percent to USD 8.19 billion. Quarterly net profit dropped 83.3 percent year-on-year to USD 2.51 billion, due to tax gains in the year-earlier period and costs for the Sky deal.

Tags: growth sky raises dividend