Friday, 1 May 2020

Fortuitous timing: Columbia Property Trust is done selling properties

Having wrapped up a number of big deals shortly before the coronavirus crisis hit, Columbia Property Trust executives think the company is in a good position to weather upcoming economic uncertainty. The first quarter of 2020 saw the real estate investment trust sell off its last “non-core” assets — an office campus in suburban Pittsburgh and a corporate park in Pasadena — and complete team integration with recently acquired Normandy Real Estate Management. The company



source https://therealdeal.com/2020/05/01/fortuitous-timing-columbia-property-trust-is-done-selling-properties/

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