Chambers Street Announces Intent to List on the NYSE, Launch Tender Offer

Chambers Street Announces Intent to List on the NYSE, Launch Tender Offer

PRINCETON, NJ—Chambers Street Properties has announced its intention to list its common shares on the New York Stock Exchange (NYSE) under the ticker symbol “CSG.” With the completion of the listing subject to certain conditions the REIT anticipates its shares will be listed on the exchange by May 21.

According to a release from the company, “The board of trustees of Chambers Street Properties has determined that a listing of the Company’s common shares on the NYSE is in the best interest of the Company and its shareholders.”

In addition, Chambers Street announced its intention to commence a modified "Dutch Auction" tender offer.

The REIT currently owns or has majority interests in 129 properties located in 22 states across the U.S., Germany and the U.K.

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