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To: Johnny Canuck who wrote (44780)5/6/2008 12:15:12 PM
From: Johnny Canuck  Respond to of 69321
 
8:54AM HRPT Properties to sell 48 buildings for $565 mln (HRP, SNH) by John Spence
BOSTON (MarketWatch) -- HRPT Properties Trust (HRP) Tuesday said it has entered into multiple agreements to sell 48 medical office, clinic and biotech laboratory buildings for $565 million. The real estate investment trust said it expects to realize capital gains of about $215 million as a result of the sales of the buildings, which HRPT has owned for an average of nine years. Senior Housing Properties Trust (SNH), which was previously a wholly owned subsidiary of HRPT, is buying the properties, according to a press release. Both HRPT and Senior Housing Properties are managed by Reit Management and Research LLC.

8:50AM Yum Brands ups quarterly dividend 27% to 19 cents per share (YUM) by Michael Kitchen
NEW YORK (MarketWatch) -- Yum Brands, Inc. (YUM) said Tuesday its board of directors had approved a 27% increase in the company's quarterly cash dividend to 19 cents per share from 15 cents. The dividend payment is to be distributed Aug. 1 to shareholders of record at close of business on July 11, the company said.