Staying Informed

Land and Buildings Urges BRE Properties to Explore Strategic Alternatives to Maximize Shareholder Value

NEW YORK--(BUSINESS WIRE)--Land and Buildings, an investment firm specializing in publicly traded real estate and real estate related securities, urges BRE Properties’ (NYSE: BRE) (the “Company”) Board of Directors to explore a sale of the company in light of reports by Bloomberg on Wednesday, December 4th that Essex Property Trust (NYSE: ESS) (“Essex”) has offered to purchase BRE “for about $5 ...
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