Overview
Announcements

Acquisition | APARTMENT INCOME REIT CO | 28th June 2024

On April 8, 2024 BLACKSTONE INC and APARTMENT INCOME REIT CO announced that they have entered into a definitive agreement under which BLACKSTONE INC will acquire all outstanding common shares of APARTMENT INCOME REIT CO for USD 39.12 per share in an all-cash transaction. APARTMENT INCOME REIT CO shareholders will vote to approve the transaction at a meeting on June 25, 2024. The proposed acquisition is expected to be completed on June 28, 2024, subject to approval by APARTMENT INCOME REIT CO stockholders and the satisfaction or waiver of other customary closing conditions

The treatment below will be applied to the following indices:

  • APARTMENT INCOME REIT CO will be removed from the Index.
  • The weight of APARTMENT INCOME REIT CO (AIRC.N) based on its last close price will be distributed pro rata to remaining Index constituents.
  • Effective Date (open): 28/06/2024

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