Tag: IPO

'Countryside Properties to Offer its Shares to the Public Next Month

British homebuilder Countryside Properties announced last Thursday that it is planning an IPO or Initial Public Offering of its shared in London next month.

'Empire State Building REIT Seeking up to $1.07 Billion in IPO; To Debut October 1

Empire State Realty Trust Inc, the real estate investment trust that snaked its way through various controversies is all set to launch October 1. It plans to launch an Initial Public Offering (IPO) of 71.5 million shares at $15 to $13 a share, seeking up to $1.07 in its debut offering, according to a regulatory filing Thursday.

'The Empire State Building REIT Saga Continues; Bids Could Delay IPO

The Empire State Building in New York City is one of the most iconic and legendary structures of the country. Nothing about it is mediocre. Therefore, when Malkin Holdings LLC, the company that manages the building, decided to roll it into a public Real Estate Investment Trust (REIT), an equally controversial series of events followed. Since the Malkins victory over the opposing shareholders, continuous bids to purchase buildings part of the portfolio have been pouring in. Many affluent developers and investors have been betting some good cash on the Empire State Building alone.
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