FRAMINGHAM, MA—Staples and Office Depot said Monday that the Federal Trade Commission's challenge to their merger was based on "a flawed analysis and misunderstanding of the intense competitive landscape" in which they operate.

NEW YORK CITY—Their shares trading at an average 11% discount to NAV, US equity REITs are on track to surpass 2014's record tally of $37 billion in asset sales, says Fitch Ratings.

PHOENIX—The report shares goals for future initiatives, such as going 100% paperless with the use of the cloud, reducing overall portfolio energy consumption by 10% or more, and the conversion and development of smoke-free communities to promote healthier air quality.

LOS ANGELES—Onni Group began investing in the US after the financial crisis, and plans to continue to place capital in the L.A. market, where it sees a wealth of multifamily and office opportunities, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.