WILMINGTON, Del., Dec. 26, 2019 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action…
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National Grid have named its partners for the second phase of its ongoing London Power Tunnels (LPT) project, in a […] The post National Grid reveals contractors for London rewiring project appeared first on CityAM .
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A new edition of the BBRSDA Waypoints newsletter is now available . Read all about BBRSDA's upcoming FY20 projects, ice project RFPs, changes to the CFEC permit renewal process, and…
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NEW YORK, Dec. 3, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims involving the directors and officers regarding possible breaches of fiduciary duties and other violations of law related to…
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Liberty Property (LPT) signs an expansion and a new lease deal at 4183 Eagle Hill Drive, bringing the Eagle Hill in High Point to full occupancy.
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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Liberty Property Trust (NYSE: LPT) to Prologis, Inc. (NYSE: PLD). Under the terms of the proposed transaction, shareholders of Liberty will receive only 0.675 shares of Prologis for each share of Liberty that they own. KSF is seeking to determine whether this consideration and the process that led to it are ad
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News out Monday that real estate investment trust (REIT) Prologis (NYSE: PLD) will acquire rival Liberty Property Trust (NYSE: LPT)
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Prologis's ([[PLD]] +1.2%) 5.5% decline on Monday in reaction to the REIT's pending acquisition of Liberty Property (LPT) was overdone, writes Evercore ISI
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Logistics real estate and supply chain logistics firm Prologis (NYSE: PLD ) will acquire Liberty Property Trust (NYSE: LPT ) in an all-stock transaction worth approximately $12.6 billion, both companies announced on October 27. The boards of both companies unanimously approved the transaction, which will also include the assumption of Liberty's debt. The transaction is expected to close in the first quarter of 2020 and is subject to the approval of Liberty shareholders. Acquiring Liberty will "deepen" Prologis' presence in markets such as Lehigh Valley in Pennsylvania, as well as Chicago, Houston, central Pennsylvania, New Jersey and southern California, said Prologis, whose headquarters are in San Francisco. "Liberty's logistics assets are highly complementary to our U.S. portfolio and this acquisition increases our holdings and growth potential in several key markets," said Prologis CEO Hamid R. Moghadam. "The strategic fit between the portfolios allows us to capture immediate cost and long-term revenue synergies." The acquisition comes after Prologis declared on October 15 that third-quarter core funds from operations came …
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Prologis to buy Liberty Property Trust in stock deal worth $12.6 billion including assumption of debt
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Prologis (NYSE: PLD), a San Francisco, CA-based global leader in logistics real estate, acquired Liberty Property Trust (NYSE: LPT), a Malvern, Pennsylvania-based commercial real estate company, for approximately $12.6 billion
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Logistics company Prologis Inc said on Sunday it had agreed to acquire commercial real estate firm Liberty Property Trust in an all-stock deal valued at about US$12.6 billion, including debt, to improve its presence in some U.S. markets.
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Logistics company Prologis Inc said on Sunday it had agreed to acquire commercial real estate firm Liberty Property Trust in an all-stock deal valued at about US$12.6 billion, including debt, to improve its presence in some U.S. markets.
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Logistics company Prologis Inc said on Sunday it had agreed to acquire commercial real estate firm Liberty Property Trust in an all-stock deal valued at about $12.6 billion, including debt, to improve…
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Liberty Property (LPT) signs long-term lease with Crest Leather, LLC, for 24,074 square feet of space, bringing the park's occupancy to 100%.
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One Liberty Properties (OLP) delivered FFO and revenue surprises of -7.69% and -3.45%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
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Liberty Property's (LPT) Q2 results highlight increase in cash same-store operating income. Amid healthy demand from users for industrial space, the company witnesses solid leasing activity.
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With five agreements to lease industrial space at Piedmont Triad, Liberty Property (LPT) reaches more than 95% occupancy in the Triad, which reflects solid demand for quality properties in the region.
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While Liberty Property (LPT) is selling non-core properties to harvest value and reposition its portfolio, higher supply of industrial space is leading to lesser scope for rent and occupancy growth.
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Liberty Property (LPT) sells 800 Walnut Street in Philadelphia, PA, for $99.25 million. This is in line with its aim to shed its office portfolio and focus on industrial properties.
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Liberty Property Trust (NYSE:LPT) Q1 2019 Results Earnings Conference Call April 30, 2019 1:00 PM ET Company Participants Jeanne Leonard – VP of Corporate Commu
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