In 2014, most proxy fights that went to a vote ended in outright or partial wins for the dissidents. These battles could go the distance this year.
After a seven-year drought, merger and acquisition activity involving real estate investment trusts is expected to rev up in 2015, according to Green Street Advisors.
Essex Property Trust (ESS) shares were downgraded to 'neutral' from 'buy' by Goldman Sachs (GS) in a report published Wednesday.
BRE Properties was a leading decliner within the real estate industry, falling $1.78 (-2.8%) to $61.00 on heavy volume
Trade-Ideas LLC identified BRE Properties (BRE) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate