The Motley Fool Discussion Boards

Previous Page

Industry Discussions / Real Estate Inv. Trusts: REITs

URL:  http://boards.fool.com/more-news-on-cwh-today-common-stock-up-400-30562237.aspx

Subject:  Re: CWH Earnings and much more.. Date:  2/26/2013  8:58 AM
Author:  JoKingMe Number:  73750 of 77715

More news on CWH today. Common stock up $4.00 (25%) in pre-market trading.

http://finance.yahoo.com/news/corvex-related-announce-owners...

NEW YORK, Feb. 26, 2013 /PRNewswire/ -- Corvex Management, LP ("Corvex") and Related Fund Management, LLC ("Related") announced today that investment funds managed by them collectively own approximately 9.8% of the outstanding common shares of CommonWealth REIT ("CWH" or the "Company"). Corvex and Related believe that CWH's portfolio of real estate assets trade at a substantial discount to fair value due to a misalignment of incentives between the Company and its external advisor, REIT Management & Research LLC and track record of underperformance.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us