Phone Scoop

printed September 1, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=13507

Home  ›  News  ›

BlackBerry to Sell Majority of Canadian Real Estate

Article Comments  

Jan 21, 2014, 6:17 PM   by Eric M. Zeman

BlackBerry today said that it plans sell off nearly all of its real estate holdings in Canada. The company will, with its partner CBRE Limited, accomplish the divestiture through a combination of sale-leasebacks and vacant asset sales. According to BlackBerry, the sale covers more than three million square feet of office space. BlackBerry did not say how much money it hopes to make or save from the real estate sale. The move is meant to help BlackBerry shore up its balance sheet. Nokia took similar measures in 2013.

more info at BlackBerry »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
No messages.
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2