Search
 

Taubman REIT Appeals to Investors for Votes

BLOOMFIELD HILLS, MI—A week after Land and Buildings Investment Management urged Taubman Centers shareholders to vote in two new directors, the mall REIT's CEO called Land and Buildings' view “fundamentally flawed.”

By Paul Bubny | paulbubny | Updated on May 08, 2017

Mall at Short Hills entrance Taubman Centers owns some of the nation’s most productive shopping centers, such as the Mall at Short Hills in Short Hills, NJ.

(This article has been updated with additional information)

BLOOMFIELD HILLS, MI—Mall REIT Taubman Centers urged shareholders to vote for the company’s slate of board nominees at its upcoming annual meeting, citing the company’s “track record of value creation” that demonstrates the commitment of its leadership and “the strength of its proven strategy.” The investor presentation and letter to shareholders, made public Monday, urged investors to reject the nominees submitted by Land and Buildings Investment Management, which last week distributed a presentation of its own.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.