Brixmor Property Group's IPO brings in $825M

10/30/2013 | Reuters · Bloomberg · Financial Times (tiered subscription model)

Brixmor Property Group raised $825 million in proceeds from its initial public offering, with the deal pricing at the midpoint of its expected range. It sold 41.25 million shares at $20 each, valuing the company at $4.4 billion. Blackstone Group, the owner of Brixmor, is expected to launch a wave of property IPOs in the coming months.

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