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BRIEF-New York REIT acquires 49.9 pct interest in WWP Holdings

June 1 New York Reit Inc:

* New York REIT Inc - on June 1, 2017, co through a wholly owned subsidiary acquired a 49.9 pct equity interest ( call interest ) in WWP Holdings, Llc

* New York REIT - pursuant to JV agreement, purchase price paid by co for call interest was approximately $276.7 million

* New York REIT - following the acquisition, WWP JV sub now owns a total equity interest of 98.8 pct in worldwide plaza

* New York REIT - following the acquisition, other 1.2 pct equity interest in worldwide plaza having been retained by WWP JV sub's joint venture partner Source text - bit.ly/2rKrgZO Further company coverage:

我们的标准: 汤森路透“信任原则

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