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Own a New York skyscraper: Paramount Group set to raise $2.3 billion in largest REIT IPO ever

Paramount Group, a REIT owning 12 premier office buildings in New York, Washington, DC and San Francisco, announced terms for its IPO on Thursday. The New York, NY-based company plans to raise $2.3 billion by offering 131 million shares at a price range of $16...read more

US IPO Recap: Twitter starts countdown to November offering, Potbelly pops

Twitter entered the final stages of its long-awaited offering, setting up what will likely be a pre-Thanksgiving debut, and sandwich shop chain Potbelly posted the second-best first-day return of the year in an eventful week for US IPOs. Consumer retailer...read more

Empire State Realty Trust prices IPO at $13, the low end of the range

Empire State Realty Trust, which operates 18 commercial properties in midtown Manhattan and greater New York, raised $930 million by offering 71.5 million shares at $13, the low end of the range of $13 to $15. At $13, Empire State Realty's initial dividend of $0...read more

9 US IPOs planned for the week of Sep 30

The following IPOs are expected to price this week: Burlington Stores (BURL), a national off-price retailer operating the Burlington Coat Factory Chain, plans to raise...read more