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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Empire State Building owners file $1 bln IPO, REIT plan

Posted on 14 February 2012

The company that controls the Empire State Building plans to raise as much as $1 billion in an initial public offering, giving investors the opportunity to own a piece of the landmark 102-story Manhattan skyscraper.
Empire State Realty Trust Inc. plans to become a real estate investment trust and list shares on the New York Stock Exchange under the ticker symbol “ESB,” the company said in a U.S. Securities and Exchange Commission filing today………………………………………..Full Article: Source


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