Real Estate
Whitestone REIT Considering MCB's $15 per Share Takeover Offer
Whitestone REIT (NYSE:WSR) is carefully evaluating a $15-per-share takeover offer from MCB Real Estate, a significant move in the real estate investment trust (REIT) sector.
Real Estate
MCB Real Estate Boosts Takeover Bid for Whitestone REIT to $1.45 Billion
Limited new construction of retail real estate has led to a strong demand for high-quality space, pushing MCB Real Estate to raise its takeover bid for Whitestone REIT to $1.45 billion. Vacancies at U.S. shopping centers are currently at 5.3%, making prim
real estate news
MCB Real Estate Ups Bid for Whitestone REIT to a Staggering $1.45 Billion
Whitestone REIT's shares surged up to 7.9% following the news of MCB Real Estate's enhanced takeover bid.
Real Estate
MCB Real Estate Ups the Ante in Pursuit of Whitestone REIT Acquisition
Despite recent offer rejection, MCB Real Estate remains committed to acquiring Whitestone REIT, a strategic move to expand its portfolio and strengthen its position in the industry.