Actualités

Two years after going public, social-media platform Reddit is joining the S&P 500. It will replace AvalonBay Communities, a real-estate investment trust that is being bought by fellow S&P 500 member Equity Residential, creating a vacancy in the index. Reddit will take AvalonBay's spot before trading opens on Aug. 18, S&P Dow Jones Indices said after Thursday's close.

After investors voted to endorse AVB’s acquisition of EQR, the REITs expect to close the mammoth transaction in August.

Although the revenue and EPS for AvalonBay (AVB) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

AvalonBay Communities is set to announce its second-quarter earnings later this month, and Wall Street expects a marginal decline in its profits.

Equity Residential, NYSE:EQR, will not host its usual conference call for upcoming quarterly results. The change is tied to a merger of equals with AvalonBay Communities, Inc. The merger marks a major shift in the company’s structure and reporting approach. Equity Residential enters this merger with AvalonBay while its stock trades at $68.69, giving investors a clear reference point as the combined company takes shape. The shares are up 10.7% year to date and 13.5% over the past 3 years,...

Global merger activity reached a record $2.6 trillion in the first half of the year as companies pursued larger acquisitions, while analysts expect dealmaking to broaden into smaller companies.

AVB will have positions largely focused on capital allocation, while Equity Residential executives will take operations and legal spots.

Equity Residential (EQR) and AvalonBay Communities (AVB) are expected to benefit from their merger t

Equity Residential and AvalonBay’s $69 billion deal follows years of weak profits and slow to no rent growth.

(Bloomberg) -- AvalonBay Communities Inc. and Equity Residential agreed to merge in an all-stock transaction that will unite two of the biggest apartment real estate investment trusts with a combined market value of more than $50 billion.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lea

The all-stock combination of the two apartment REITs would create a company with more than 180,000 rental units across the U.S.

In an environment of increased public scrutiny, the REITs are emphasizing their ability to boost housing production and partner with nonprofit developers.

Two big apartment owners, AvalonBay Communities and Equity Residential, are nearing a deal to combine in a bid to create a multifamily real-estate giant, according to people familiar with the matter.