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Cohen & Steers acquires Royal Plaza shopping center in Virginia, anchored by top-performing grocery stores.

Company Fundamentals
17 Aug 2026
PRNewsWire
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Bullish
Cohen & Steers acquires Royal Plaza shopping center in Virginia, anchored by top-performing grocery stores.

Cohen & Steers Real Estate Opportunities Fund has acquired Royal Plaza, a grocery-anchored shopping center in Front Royal, Virginia, through a joint venture with DLC. The center is 92% occupied and anchored by Martin's, the second highest-performing store in its chain, and shadow-anchored by Rural King, the retailer's top-performing location nationwide. This acquisition fits Cohen & Steers' strategy of investing in highly occupied, income-generating centers in growing markets. The location benefits from strong regional traffic and a growing population, offering potential for attracting more national retailers and enhancing shopper cross-traffic.

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FRP Holdings rated 'Strong Buy' due to undervaluation and strong cash flow from mining royalties.

FRP Holdings rated 'Strong Buy' due to undervaluation and strong cash flow from mining royalties.

FRP Holdings is considered a 'Strong Buy' as the market undervalues it compared to its net asset value and sum-of-parts analysis. The company's mining royalty segment generates cash flow without capital expenditure and is resistant to inflation, prov...

Analyst Insights
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Alibaba shifts focus to AI and cloud, with strong revenue growth but near-term cash flow challenges.

Alibaba shifts focus to AI and cloud, with strong revenue growth but near-term cash flow challenges.

Alibaba is moving aggressively from traditional e-commerce to a comprehensive AI and cloud computing strategy, supported by significant insider buying. Its AI Cloud and Compute Services revenue grew 45% year-over-year, with adjusted EBITA soaring 133...

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Broadridge launches DLX, a platform integrating tokenized and traditional finance for seamless multi-asset operations.

Broadridge launches DLX, a platform integrating tokenized and traditional finance for seamless multi-asset operations.

Broadridge has introduced DLX, a comprehensive platform that bridges tokenized and traditional financial markets, enabling institutions to manage issuance, trading, settlement, and custody of tokenized assets across multiple chains. DLX builds on Bro...

Others
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4 hours ago
District Metals completes 1,943m drilling at Swedish Alum Shale, all holes hit graphitic black shale.

District Metals completes 1,943m drilling at Swedish Alum Shale, all holes hit graphitic black shale.

District Metals Corp. has finished its first diamond drilling program at the Österkälen and Malgomaj mineral licenses in central Sweden, completing 1,943 meters across 15 holes. All drill holes intersected graphitic black shale, confirming the effect...

Market News
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4 hours ago
Phase 1 trial begins for new antibody treatment against orthopoxviruses including smallpox.

Phase 1 trial begins for new antibody treatment against orthopoxviruses including smallpox.

Evotec SE's subsidiary, Just – Evotec Biologics, has started a Phase 1 clinical trial for JST-018, a monoclonal antibody cocktail targeting orthopoxviruses such as smallpox and mpox. Developed under the U.S. Department of War's Accelerated Antibodies...

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