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Exclusive: Industrial Property Trust explores options including sale - sources


By Carl O'Donnell(Reuters) - Industrial Property Trust Inc , a portfolio of U.S. industrial properties valued at around $3.3 billion, is exploring options, including a potential sale or equity recapitalisation, according to people familiar with the matter. IPT has retained an investment bank to solicit interest from potential buyers, which could include private equity firms, public pension plans and other large real estate investors, the sources said this week.If it opts for a recapitalisation rather than a sale, real estate investment firm Black Creek Group, which created IPT in 2012, would ...

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First Published: Thu, March 15 2018. 03:31 IST