Brief: Transcontinental Realty Investors Says Plans To Sell 4 Commercial Buildings

Transcontinental Realty Investors

14/06/2018 17:23

June 14 (Reuters) - Transcontinental Realty Investors Inc
 TCI.N :
    * TRANSCONTINENTAL REALTY INVESTORS INC ANNOUNCES TWO MAJOR
STRATEGIC INITIATIVES
    * TRANSCONTINENTAL REALTY INVESTORS - IS PLANNING ON
ENTERING INTO
JV & IN AN UNRELATED TRANSACTION PLANS TO SELL ITS 4 MAJOR
COMMERCIAL BUILDINGS
    * TRANSCONTINENTAL REALTY INVESTORS INC - ENTERED INTO JV
WITH A
NEW YORK STOCK EXCHANGE FINANCIAL INSTITUTION
    * TRANSCONTINENTAL REALTY INVESTORS  - JV AGREEMENT CONVEYS
EXISTING MULTIFAMILY ASSETS & PROJECTS UNDER DEVELOPMENT TO A
NEWLY-FORMED ENTITY
    * TRANSCONTINENTAL REALTY - ASSETS IN JV DEAL INCLUDE 41
EXISTING
PROPERTIES, 12 PROPERTIES UNDER DEVELOPMENT, WITH RIGHTS TO
DEVELOP 23 MORE PROJECTS

Source text for Eikon:  ID:nBw3Qf3Npa 
Further company coverage:  TCI.N 

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