|Bid||27.74 x 1800|
|Ask||27.75 x 800|
|Day's Range||27.32 - 27.81|
|52 Week Range||18.52 - 29.16|
|Beta (3Y Monthly)||1.23|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 7, 2017 - Aug 11, 2017|
|Forward Dividend & Yield||0.72 (2.97%)|
|1y Target Est||28.67|
NEW YORK, April 17, 2019 -- Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of TIER REIT, Inc. (NYSE: TIER) on behalf of.
WILMINGTON, Del., April 16, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: HFF, Inc. (NYSE: HF) regarding possible breaches of fiduciary duties and.
NEW YORK, April 15, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating whether the sale of TIER REIT, Inc. (“TIER” or the “Company”).
NEW YORK, NY / ACCESSWIRE / April 9, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed merger of TIER REIT, Inc. with Cousins Properties in a stock-for-stock transaction.
NEW YORK, NY / ACCESSWIRE / April 5, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...
NEW YORK , April 5, 2019 /PRNewswire/ -- Comscore, Inc. (SCOR) Lifshitz & Miller announces investigation into possible securities laws violations in connection with the resignation of Comscore's CEO ...
WILMINGTON, Del., April 05, 2019 -- Rigrodsky & Long, P.A.: Do you own shares of TIER REIT, Inc. (NYSE: TIER)?Did you purchase any of your shares prior to March 25,.
NEW YORK , April 3, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of TIER REIT, Inc. ("TIER" ...
Cousins Properties Incorporated (CUZ) likely to gain from the solid activity in the Buckhead submarket of Atlanta, with demand rising from technology-driven companies.
NEW YORK, April 02, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
Cousins Properties Inc.’s agreement to buy Dallas-based Tier REIT is linked to U.S. population-and-job growth shifting to Sunbelt markets, says President and CEO Colin Connolly. “We are taking advantage of a very compelling opportunity,” Connolly told Atlanta Business Chronicle following the March 24 announcement of the pending deal between Cousins and Tier REIT Inc. (NYSE: TIER). Cousins’ acquisition will create a nearly $5.9 billion real estate company (based on stock value) with a 21-million-square-foot portfolio across key Sunbelt cities such as Atlanta, Austin, Dallas and Charlotte.
NEW YORK, March 27, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Cousins Properties' (CUZ) merger with TIER REIT will enable the former to enjoy dominant market share of premier office towers in the Sun Belt region.
Dallas-based TIER REIT Inc. (NYSE: TIER) has entered into a definitive agreement to merge with Cousins Properties (NYSE: CUZ).
“We are taking advantage of a very compelling opportunity,” Connolly told Atlanta Business Chronicle following this morning’s announcement of the pending deal between Cousins and Tier REIT.
The combined company would become one of the largest office landlords in both downtown Austin and The Domain — both of which are attracting growing tenants such as Google, Facebook and Amazon.
Unanimously approved by the boards of both companies, the deal will see Cousins issue 2.98 new common shares in exchange for each share of Tier REIT stock. The combined company will operate 21 million square feet of office space in the southeastern and southwestern United States. Cousins shareholders will own about 72% of the combined company, and Tier shareholders will own the rest.
Cousins Properties Inc. and Tier REIT Inc. announced Monday a merger deal, creating a office real estate investment trust with a combined equity market capitalization of about $5.9 billion. The stocks are still inactive in premarket trade. Under terms of the 100% stock deal, Cousins will exchange 2.98 shares of newly issued shares for each Tier stock outstanding. Based on Friday's closing prices, that values Tier shares at $29.44 each, a 15.6% premium. The deal is expected to close in the third quarter of 2019, at which time Cousins shareholders will own 72% of the combined company and Tier stockholders will own 28%. The companies expect annual net savings of $18.5 million after closing. "The company will own an unmatched portfolio of trophy office properties in the premier submarkets of Atlanta, Austin, Charlotte, Dallas, Phoenix and Tampa," said Cousins Chief Executive Colin Connolly. Cousins's stock has rallied 18.9% over the past 12 months and Tier shares have soared 42.0%, while the SPDR Real Estate Select Sector ETF has climbed 19.1% and the S&P 500 has gained 8.2%.
ATLANTA and DALLAS, March 25, 2019 /PRNewswire/ -- Cousins Properties (CUZ) ("Cousins") and TIER REIT, Inc. (TIER) ("TIER") announced today that they have entered into a definitive merger agreement to combine in a 100 percent stock-for-stock transaction. The transaction will create a Class A office REIT with a combined portfolio of over 21 million square feet located across the Sun Belt. The combined company will have an equity market capitalization of approximately $5.9 billion and a total market capitalization of approximately $7.8 billion.
TIER REIT, Inc. (TIER) announced today that it has re-entered the Atlanta market with its acquisition of 3354 Peachtree Road, a prime, three-acre land site in the prestigious Buckhead submarket. The acquisition was made through a joint venture with an entity owned by Regent Partners and Batson-Cook Development Company. The site is currently planned for the development of approximately 560,000 square feet of office space, and is located in a strategic TIER1 submarket, given its urban location along the pedestrian bridge to MARTA’s Buckhead station and its walkability and access to various amenities including dining, retail, high-rise residential and hotels.
TIER REIT, Inc. announced today that Scott Fordham, Chief Executive Officer, and Dallas Lucas, President and Chief Operating Officer, will participate in a roundtable presentation at the Citi 2019 Global Property CEO Conference in Hollywood, Florida.