Real Estate News

United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Twelfth Extended Hostile Tender Offer

GRAPEVINE, Texas, Jan. 19, 2022 (GLOBE NEWSWIRE) -- United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the twelfth extended unsolicited tender offer made by hedge fund NexPoint Diversified Real Estate Trust (NexPoint), formerly the NexPoint Strategic Opportunities Fund, to purchase all Trust common shares (the “Shares”) for $1.10 per share (the “Tender Offer”).

Brookfield Office Properties Inc. Announces Renewal of Normal Course Issuer Bid for Preferred Shares

BROOKFIELD NEWS, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc. (“Brookfield”) today announced it has received approval from the Toronto Stock Exchange (“TSX”) for the renewal of its normal course issuer bid to purchase up to 10% of the public float of each series of the company’s outstanding Class AAA Preference Shares that are listed on the TSX (the “Preferred Shares”).

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