Real estate trust targeted to go private (Toronto Star)
Real estate trust targeted to go private (Toronto Star)
NEW YORK?Tishman Speyer Properties, which owns New York’s Rockefeller Center and the Chrysler building, plans to partner with Lehman Brothers Holdings Inc. to buy Archstone-Smith Trust for at least $13.5 billion (U.S.). That would take private one of the largest U.S. publicly traded real estate trusts.