WASHINGTON, DC—“REITs continued to have strong underlying operating fundamentals in the first half of the year,” says NAREIT's Steven A. Wechsler, yet share prices took a hit.

LOS ANGELES—After signing three new leases, the consistently fully occupied Malibu Country Mart tells GlobeSt.com its recipe for success.

LOS ANGELES—In a lease transaction valued at $11.6 million, Executive Office for New Immigration renews its 72,200-square-foot lease for five-years at the fully occupied City National Bank Building in Downtown Los Angeles.

HONG KONG—With the sale of the 503-key waterfront property, Intercontinental Hotels Group has completed “the disposals of our major owned assets,” says CEO Richard Solomons.