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EOP |
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The anticipated sell-off of the EOP portfolio got underway as soon as the ink was dry on the REIT's record-breaking $39 billion purchase by Blackstone last week, and New York developer, Harry Macklowe, was first off the mark. The EOP board had raised concerns about the speed and certainty of the Vornado offer. Surprisingly for a Chicago-based firm, Kincaid expressed how bullish EOP is in acquiring assets in the coastal cities of the US. |
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