NREI WIRE
Vanguard Corporate Campus

Liberty Property Trust to Sell Up to $800 Million in Remaining Suburban Office Holdings

The company plans to use the proceeds for reinvestment into industrial acquisition and development.

The Vanguard corporate campus in Malvern, Penn., is among up to $800 million in suburban office assets that the REIT intends to sell this year. Liberty Property Trust hopes to raise up to $800 million for reinvestment into industrial acquisition and development by divesting its remaining suburban office portfolio by the end of the year.

View Original Article

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish