Archive for 2021
Vote Against Monmouth’s Merger with EQC
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Read MoreSTILL Vote Against Monmouth’s Merger with EQC
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Read MoreWPT Industrial Real Estate Investment Trust to Be Acquired by Blackstone Real Estate Income Trust in US$3.1 Billion Transaction
TORONTO and NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) (“WPT”) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that WPT has entered into an arrangement agreement (the “Arrangement Agreement”) under which BREIT will acquire all of the outstanding units of WPT…
Read MoreBlackstone buying WPT Industrial in $3B deal
In its latest move, the firm’s private real estate investment trust is acquiring WPT Industrial Real Estate Investment Trust in an all-cash deal valued at $3.1 billion, according to Bloomberg. Debt is included in that valuation, according to the report. The deal was done through Blackstone Real Estate Investment Trust. Over the past year, BREIT has…
Read MoreBlackstone to Buy WPT Industrial in $3.1 Billion Deal
Blackstone Real Estate Investment Trust Inc. is acquiring WPT Industrial Real Estate Investment Trust in a cash deal valued at $3.1 billion, including debt. BREIT, a non-public real estate investment trust, is paying $22 per unit for Toronto-based WPT, a 17% premium over the closing price on Aug. 6, according to a statement on Monday. READ MORE>>
Read MoreBlackstone to Buy Canada’s WPT Industrial REIT for $1.86 billion
(Reuters) -Blackstone has agreed to buy WPT Industrial Real Estate Investment Trust for about $1.86 billion, as it looks to capitalize on the e-commerce-driven boom in demand for logistics properties. The deal announced on Monday values Canada-based WPT Industrial, the owner of more than 100 logistics properties across 19 U.S. states, at $22 per unit.…
Read MoreU.S. Private Equity Giant Blackstone to Buy Canada’s WPT Industrial REIT for US$3.1-billion
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Read MoreBlackwells Capital Issues Investor Presentation Opposing Monmouth’s Sale to Equity Commonwealth
Starwood, Blackwells Target Monmouth’s Auction Process
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Read MoreBlackwells Capital Opposes Monmouth Sale to Equity Commonwealth
NEW YORK, Aug. 05, 2021 (GLOBE NEWSWIRE) — Blackwells Capital, LLC, an alternative investment management firm that, together with its affiliates, owns 4.17% of Monmouth Real Estate Investment Corporation (NYSE: MNR), today issued a letter to its fellow shareholders urging them to vote against the proposed sale to Equity Commonwealth (NYSE: EQC). READ MORE>>
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