Blackstone's Brixmor expects IPO to be priced at $19-$21/shr

Source:  Reuters

Brixmor Property Group Inc., a shopping center operator owned by Blackstone Group LP, said it expected its initial public offering to be priced between $19 and $21 per share, raising about $790 million. At the top end of the expected price range, the REIT would be valued at about $4.61 billion. Brixmor, which first filed for an IPO in July, is offering 37.5 million shares.

NREIonline.com Freemium Content

"Blackstone's Brixmor expects IPO to be priced at $19-$21/shr" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.

Read source

Please or Register to post comments.

National Real Estate Investor Related Sites

Sponsored Introduction Continue on to (or wait seconds) ×