Another REIT Battles Against Activist Investor Takeover Bid

By Franco Faraudo

As more publicly traded REITs underperform, they become targets for investors seeking a quicker return on their investments. This has been evident with Equity Commonwealth, a small commercial REIT that faced a proxy battle with Jonathan Litt's investment firm, Land & Buildings. A similar scenario is unfolding with Texas-based shopping center REIT Whitestone. Last month, […]

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