Mission West Inks $1.3B Deal To Sell All Properties

Law360, New York (November 5, 2012, 4:08 PM EST) -- Real estate investment trust Mission West Properties Inc. announced Friday that it would sell all of its real estate assets in transactions totaling $1.3 billion as the California company plans for a future liquidation.

Mission West said it would sell some of its real estate assets to a joint venture sponsored by affiliates of real estate investment firms DivcoWest and TPG Real Estate, which will pay $400 million in cash and assume $398 million in debt and other obligations. The company said some of its operating...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.