Equity Office Properties Trust has rejected a $41 bn offer from Vornado, saying a $38.3 bn bid by rival Blackstone is less risky for shareholders. Equity Office said a sale to New York-based Vornado would take months to complete while a buyout by Blackstone could be completed within days.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
