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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/7/2021 | $19.50 → $19.30 | Outperform → Market Perform | BMO Capital |
Columbia Property Trust, Inc. (NYSE:CXP) today announced that it expects to complete its previously announced merger (the "Merger") with affiliates of funds managed by Pacific Investment Management Company LLC ("PIMCO") on or around December 8, 2021. The completion of the Merger remains subject to certain customary closing conditions, including, among other things, approval of the Merger by Columbia stockholders. As previously disclosed, in connection with the Merger, Columbia has agreed, at the request of an affiliate of PIMCO, to declare a special cash dividend to holders of Columbia common stock, and the merger consideration of $19.30 per share in cash will be decreased by an amount equ
Columbia Shareholders to Receive $19.30 Per Share in Cash Columbia's Board of Directors Oversaw an Extensive Strategic Alternatives Process to Maximize Shareholder Value Columbia Property Trust, Inc. (NYSE:CXP) today announced that it has entered into a definitive agreement to be acquired by funds managed by Pacific Investment Management Company LLC (collectively, "PIMCO"), one of the world's premier global investment management firms, for $3.9 billion including Columbia's proportionate share of consolidated and unconsolidated debt. Under the terms of the agreement, which has been unanimously approved by Columbia's Board of Directors, PIMCO will acquire all of the outstanding shares of Co
Columbia Property Trust, Inc. (NYSE:CXP) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.21 per share, or $0.84 per share on an annualized basis, for the third quarter of 2021. The dividend will be paid on September 15, 2021, to shareholders of record as of September 1, 2021. About Columbia Property Trust Columbia Property Trust (NYSE:CXP) creates storied properties for legendary companies in New York, San Francisco, Washington D.C., and Boston. The Columbia team is deeply experienced in transactions, asset management and repositioning, leasing, development, and property management. It employs these competencies to grow value across its hi
Columbia Property Trust, Inc. (NYSE:CXP) today announced that it expects to complete its previously announced merger (the "Merger") with affiliates of funds managed by Pacific Investment Management Company LLC ("PIMCO") on or around December 8, 2021. The completion of the Merger remains subject to certain customary closing conditions, including, among other things, approval of the Merger by Columbia stockholders. As previously disclosed, in connection with the Merger, Columbia has agreed, at the request of an affiliate of PIMCO, to declare a special cash dividend to holders of Columbia common stock, and the merger consideration of $19.30 per share in cash will be decreased by an amount equ
Newrez, a national mortgage lending and servicing organization, takes two full floors ahead of construction completion this October Columbia Property Trust, Inc. (NYSE:CXP) announced today that it has secured a lease for two full floors at 799 Broadway, its highly anticipated new ground-up office development at the convergence of Manhattan's Greenwich Village and Union Square neighborhoods. The approximately 25,000-square-foot lease, the first to be secured at the trendsetting 12-story building, was signed with Newrez LLC ("Newrez"), a technology-centric national mortgage lending and servicing organization owned by investment manager New Residential Investment Corp. This press release feat
As part of its ongoing commitment to providing safe and healthy workplaces, Columbia certifies initial half of its portfolio through WELL's rigorous COVID-19 response program Remainder of portfolio to be certified through Fitwel by year end Columbia Property Trust, Inc. (NYSE:CXP) announced today that it has earned the WELL Health-Safety Rating for seven of its properties, representing 2.4 million square feet across its portfolio. Created by the International WELL Building Institute (IWBI), the WELL Health-Safety Rating is an evidence-based, third-party verified rating that recognizes building owners and operators for implementing operational policies, maintenance protocols, stakeholder e
SC 13G/A - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Subject)
SC 13G - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Subject)
SC 13G/A - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Subject)
15-12G - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Filer)
8-K - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Filer)
S-8 POS - COLUMBIA PROPERTY TRUST, INC. (0001252849) (Filer)
BMO Capital downgraded Columbia Property Trust from Outperform to Market Perform and set a new price target of $19.30 from $19.50 previously
Wolfe Research initiated coverage of Columbia Property Trust with a rating of Peer Perform and set a new price target of $19.25
BMO Capital Markets upgraded Columbia Property Trust from Market Perform to Outperform and set a new price target of $21.00 from $18.00 previously
NEW YORK--(BUSINESS WIRE)--Columbia Property Trust, Inc. (NYSE: CXP) announced today that Constance B. Moore has been appointed as chair of its board of directors, effective December 31, 2020. Ms. Moore, who has served as an independent director on Columbia’s board since 2017, succeeds John L. Dixon, who has served as chair since 2012 and as a member of Columbia’s board of directors since 2008. Mr. Dixon has elected to step down as chair but will continue as an independent director on the board. “It has been an incredible honor to serve as board chair for the past eight years, and I am thrilled to leave the board’s guidance and governance on behalf of Columbia’s investors in Conn
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