$FR

First Industrial Realty Trust (NYSE: FR) reported Q2 2026 results. Diluted EPS rose to $0.58 from $0.42 a year earlier, and FFO was $0.82 per share/unit versus $0.76. Cash rental rates increased 39% on new and renewal leasing, and cash same-store NOI grew 6.7%. 2026 FFO guidance midpoint increased by $0.02.

Singapore stocks closed higher on Thursday. The benchmark STI rose 0.6% to 4,988.10. Yangzijiang Shipbuilding gained 3% to S$3.47, while Hongkong Land fell 0.8% to US$7.19. DBS, OCBC and UOB all ended up. In the Next 50, First Resources rose 9.9% and Digital Core Reit fell 3%. Gainers outnumbered losers 298-274. Regional indices were mixed. Interactive Brokers’ Jose Torres cited ongoing sell-off worries about AI capex and said a CPI miss didn’t ease concerns ahead of Fed chair Kevin Warsh’s firs

Japan’s Nikkei 225 rose sharply on Friday, up 1,099.99 points (1.70%) to 65,793.11, after a prior-session drop, helped by positive Wall Street cues. Gains were led by SoftBank (+~6%) and Fast Retailing (+~2%), with broad sector strength. Economic data showed April retail sales +2.1% y/y, industrial production +0.8% m/m, and unemployment falling to 2.5%.

Japan’s Nikkei 225 rose sharply on Friday, up 1.70% to 65,793.11, after Thursday’s decline, led by gains in financials and index heavyweights. SoftBank Group gained ~6% and Fast Retailing rose >2%. Sumco jumped ~14% while Fujikura fell ~6%. Japan retail sales grew 2.1% y/y in April; unemployment fell to 2.5%.

Japan’s Nikkei 225 rose sharply on Wednesday, reversing Tuesday’s decline, reaching a fresh all-time high of 66,428.81 and last up 919.94 points (1.42%) at 65,916.03. Tech and chemicals led gains (e.g., Screen Holdings, Tokyo Electron), while SoftBank and some banks fell. Japan producer prices rose 3.0% y/y in April.

Japan’s Nikkei 225 rose sharply on Wednesday, up 919.94 points (1.42%) to 65,916.03, after hitting a fresh all-time high of 66,428.81. Tech gains offset declines in automakers and banks. SoftBank fell nearly 4% and Fast Retailing rose nearly 4%. Producer prices rose 3.0% y/y in April, below expectations.

Indonesia plans to route exports of palm oil, coal and ferroalloys through a state-owned firm, according to President Prabowo Subianto and draft documentation. A BUMN named Danantara Sumber Daya Indonesia (DSI) will be managed by Danantara. Rollout starts June 2026 and is targeted to be fully controlled by September 2026. The policy aims to curb under-invoicing and optimize state revenue, potentially tightening global supply and raising commodity and food prices.

Strs Ohio increased its stake in First Industrial Realty Trust, Inc. (NYSE:FR) by 10.7% in Q4, acquiring an additional 25,806 shares to reach a total of 267,567 shares valued at $15.324 million. First Industrial reported Q4 EPS of $0.59, missing estimates, but revenue beat expectations, and the company announced FY2026 guidance and a quarterly dividend of $0.50 per share. Analysts generally hold a "Moderate Buy" rating with an average target price of $63.57 for the stock.

Land & Buildings Investment Management has sent a letter to shareholders of First Industrial Realty Trust (FR), arguing that the company's recent concessions, including a share repurchase authorization, a dividend increase, and a new director appointment, are insufficient responses to shareholder pressure and do not maximize value. L&B believes these actions are "half-measures" designed to preserve the status quo. The firm urges shareholders to vote against the re-election of Chairman Matt Dominski and Director H. Patrick Hackett, Jr., citing concerns over governance, consistent underperformance, and a discretionary buyback program.

First Industrial Realty Trust, a small-cap realty company, has undergone a valuation adjustment, showing a P/E ratio of 32 and a high dividend yield of 294.73%. Its performance against the S&P 500 has been mixed, with a year-to-date return of 4.96% outperforming the S&P's decline, but lagging historically over the past year. These metrics highlight the competitive dynamics within the realty sector.