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AIV - Apartment Investment and Management Company: Potential REIT Sale Play
May, 17 2023 03:39 AM
Apartment Investment and Management Company
2023-05-17 03:39:26 ET
Summary Activist investor Land & Buildings is pushing for a sale of US multifamily REIT Apartment Investment and Management Company. Several recent positive developments, including the activist nominee’s appointment to the board, suggest a company sale might be in the cards. Land & Buildings has suggested the company might be worth c. $11-$13/share in a sale, implying a c. 30%-50% upside from current levels. For further details see:
Apartment Investment and Management Company: Potential REIT Sale Play
Stock Information
Company Name:
Apartment Investment and Management Company
Stock Symbol:
AIV
Market:
NYSE
Website:
aimco.com
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