Elliott is a top holder in the REIT and the Florida-based hedge fund has met with the company’s board to discuss a strategic review.
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Oct 06, 2021
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The FTSE Nareit All Equity REITs Index remains up more than 20 percent year-to-date in spite of a step back during the month.
The company entered into an amended mezzanine debt facility with a $3 billion limit.
Asian institutional investors in particular have shown a strong appetite for U.S. industrial portfolios.
The $600 million seven-year loan will be benchmarked to the Secured Overnight Financing Rate.
