Centerspace (CSR), a real estate company focused on apartment complexes, is working with advisers to explore options, including a potential sale, as it fields takeover interest, people familiar with the matter told Bloomberg’s Liana Baker and Ryan Gould. The discussions are early and the company could opt to remain independent, the authors note. Shares of Centerspace are up 6.4% in afternoon trading.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSR:
- Centerspace exploring options, including possible sale, Bloomberg says
- Centerspace working with advisers to explore sale, Bloomberg says
- Centerspace up 6% after Bloomberg says REIT exploring possible sale
- Centerspace Unveils Strategic Transactions in Investor Presentation
- Centerspace price target raised to $63 from $60 at UBS
