Washington Real Estate Investment Trust

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Debt Financing / Related, Divestitures / Spin-offs

WashREIT Accelerates Transformation Into Multifamily REIT With Agreement To Sell Office Portfolio

Published: 06/15/2021 11:06 GMT
Washington Real Estate Investment Trust (WRE) - Press Release - Washreit Accelerates Transformation Into Multifamily Reit With Agreement to Sell Office Portfolio.
Washington Real Estate Investment Trust - to Sell Substantially All Its Office Portfolio to a Brookfield Asset Management Private Real Estate Fund.
Washington Real Estate Investment Trust - Deal for Purchase Price of $766 Million.
Washington Real Estate Investment Trust - Signed a Loi to Sell Remaining Eight Retail Assets.
Washington Real Estate Investment Trust - to Use Net Proceeds From Office Portfolio Sale, Future Retail Sales to Fund Expansion of Multifamily Platform.