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Week of Expected Pricing Withdrawn
Company Name WORKSPACE PROPERTY TRUST
Proposed Ticker WSPT
CUSIP 981397102
Business Description The Workspace Property Trust is a fully integrated real estate investment company primarily focused on acquiring, owning and operating high-quality office and flex real estate in prime locations within transit centric, amenity rich U.S. suburban office submarkets. We believe the U.S. suburban office market is under-represented in the public real estate investment trust ("REIT") space despite offering compelling risk-adjusted returns that are supported by recovering demand, limited new supply and an increasing demographic shift back to the suburbs. We intend to capitalize on this market opportunity by sourcing and executing accretive acquisitions and enhancing the value of our portfolio through proactive asset management
Lead Underwriter BofA Merrill Lynch,Goldman Sachs & Co. LLC,J.P. Morgan Securities LLC
Co-Managers Barclays Capital Inc,BMO Capital Markets Corp,Capital One Securities, Inc ,Citigroup Global Markets Inc ,JMP Securities LLC,KeyBanc Capital Markets Inc
Initial Shares 3,90,00,000
Revised Initial Shares N/A
Initial Price $12.00-$15.00
Revised Price N/A
Final Price N/A
Final Ticker N/A

 

 

   
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