Brixmor's IPO scheduled to price today

10/29/2013 | Bloomberg

The $905.6 million initial public offering of Blackstone's Brixmor Property Group is scheduled to price today. Brixmor is offering 37.5 million shares for $19 to $21 each. There will be an extra 5.6 million shares for the overallotment. This has been a strong year for real estate IPOs, according to Bloomberg analysis. Year to date they have raised $3.9 billion, compared with $3 billion in all of 2012.

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