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Forest City Realty Trust Inc (FCEa.N)

FCEa.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Forest City Joint Venture Acquires Interests In Five Assets At University Park At MIT Mixed-Use Life Science Campus
Thursday, 26 Apr 2018 08:30am EDT 

April 26 (Reuters) - Forest City Realty Trust Inc ::FOREST CITY JOINT VENTURE ACQUIRES INTERESTS IN FIVE ASSETS AT UNIVERSITY PARK AT MIT MIXED-USE LIFE SCIENCE CAMPUS.FOREST CITY REALTY TRUST INC - TRANSACTION VALUES PARTNER'S SHARE OF ASSETS AT A TOTAL OF $302 MILLION, INCLUDING ASSUMPTION OF DEBT.FOREST CITY REALTY TRUST INC - JV BETWEEN CO, MADISON INTERNATIONAL REALTY CLOSED DEAL OF INTEREST OF FOREST CITY'S PARTNER IN THREE OFFICE BUILDINGS.  Full Article

Starboard Value Reports 5.7 Pct Stake In Forest City Realty Trust As Of March 26
Wednesday, 4 Apr 2018 06:30am EDT 

April 4 (Reuters) - Starboard Value::STARBOARD VALUE REPORTS 5.7 PCT STAKE IN FOREST CITY REALTY TRUST AS OF MARCH 26 - SEC FILING .STARBOARD VALUE SAYS PURCHASED SHARES OF FOREST CITY REALTY TRUST BASED ON BELIEF THAT SHARES, WHEN PURCHASED, WERE "UNDERVALUED" - SEC FILING.  Full Article

Forest City Announces Conclusion Of Strategic Review Process And Substantial Board Refreshment
Thursday, 22 Mar 2018 06:01pm EDT 

March 22 (Reuters) - Forest City Realty Trust Inc ::FOREST CITY ANNOUNCES CONCLUSION OF STRATEGIC REVIEW PROCESS AND SUBSTANTIAL BOARD REFRESHMENT.FOREST CITY REALTY TRUST INC - ‍AUTHORIZES INCREASE IN SHARE REPURCHASE PROGRAM TO $400 MILLION​.FOREST CITY REALTY TRUST INC - BOARD TO BE RECONSTITUTED WITH MAJORITY NEW INDEPENDENT DIRECTORS.FOREST CITY REALTY TRUST INC - DETERMINATION TO CONTINUE TO PURSUE STANDALONE PLAN.FOREST CITY REALTY TRUST INC - ‍ HAS ENTERED INTO AGREEMENTS WITH STARBOARD VALUE LP, SCOPIA CAPITAL MANAGEMENT LP​.FOREST CITY REALTY TRUST - FINANCIAL ADVISORS COMMUNICATED WITH OVER 50 POTENTIALLY INTERESTED BUYERS DURING INITIAL STAGE OF STRATEGIC REVIEW PROCESS.FOREST CITY REALTY TRUST - UNDER AGREEMENTS, 9 CURRENT DIRECTORS HAVE AGREED TO RESIGN FROM BOARD; JAMES RATNER TO BECOME INTERIM CHAIRMAN OF BOARD​.FOREST CITY REALTY TRUST INC - EACH OF STARBOARD AND SCOPIA WILL HAVE RIGHT TO APPOINT ONE ADDITIONAL DIRECTOR TO BOARD.FOREST CITY REALTY TRUST INC - AFTER COMPLETION OF ONBOARDING, APPOINTMENTS, BOARD WILL BE COMPRISED OF 13 DIRECTORS, 11 OF WHOM WILL BE INDEPENDENT.  Full Article

Forest City Board Declares Q1 2018 Cash Dividend Of $0.18 Per Share
Thursday, 22 Feb 2018 11:09am EST 

Feb 22 (Reuters) - Forest City Realty Trust Inc ::FOREST CITY BOARD DECLARES INCREASED QUARTERLY DIVIDEND.FOREST CITY REALTY TRUST INC - BOARD OF DIRECTORS HAS DECLARED A FIRST-QUARTER 2018 CASH DIVIDEND OF $0.18 PER SHARE OF COMMON STOCK.  Full Article

Forest City Q4 FFO Per Share $0.42
Thursday, 8 Feb 2018 04:15pm EST 

Feb 8 (Reuters) - Forest City Realty Trust Inc ::FOREST CITY REPORTS 2017 FOURTH-QUARTER AND YEAREND RESULTS.Q4 FFO PER SHARE $0.42.Q4 OPERATING FFO PER SHARE $0.38.Q4 REVENUE $225.9 MILLION VERSUS $239.7 MILLION.  Full Article

Forest City Realty Trust Inc Files For A Potential Mixed Shelf Offering ‍​
Friday, 8 Dec 2017 09:26am EST 

Dec 8 (Reuters) - Forest City Realty Trust Inc ::FOREST CITY REALTY TRUST INC FILES FOR A POTENTIAL MIXED SHELF OFFERING; SIZE UNDISCLOSED - SEC FILING ‍​.  Full Article

Forest City reports 2017 third-quarter results
Thursday, 2 Nov 2017 04:15pm EDT 

Nov 2 (Reuters) - Forest City Realty Trust Inc :Forest City reports 2017 third-quarter and year-to-date results.Q3 FFO per share $0.42.Sees FY 2017 FFO per share $1.50 to $1.55.Q3 operating FFO per share $0.41.Q3 revenue $233.5 million versus $237.5 million.Forest City -‍in quarter, recognized $10.6 million impairment related to Westchester's Ridge Hill, $44.3 million impairment related to 461 dean street in brooklyn​.Forest City Realty Trust Inc - ‍ overall comparable net operating income for three months ended September 30, 2017, increased 3.5 percent​.  Full Article

Forest City and QIC execute definitive agreements for regional mall portfolio
Monday, 2 Oct 2017 09:00am EDT 

Oct 2 (Reuters) - Forest City Realty Trust Inc :Forest City Realty Trust Inc - transaction values 10 regional malls at approximately $3.175 billion, or $1.55 billion at Forest City's share.Forest City Realty Trust - as part of transaction, Forest City is also transferring its retail operating platform, including most personnel, to QIC.Forest City Realty Trust - announced execution of definitive agreements on 10 regional malls in which QIC will acquire Forest City's ownership interest..  Full Article

Forest City and Madison International enter definitive agreement for New York City specialty retail portfolio
Wednesday, 20 Sep 2017 09:00am EDT 

Sept 20 (Reuters) - Forest City Realty Trust Inc :Forest city and Madison International enter definitive agreement for New York City specialty retail portfolio.Forest City Realty Trust Inc - transaction for a gross value of approximately $1.0 billion.Forest City Realty Trust Inc - ‍announced signing of definitive agreements for Madison's acquisition of Forest City's 51 percent interest​.  Full Article

Forest City Realty Trust says ‍board of directors to consider alternatives to "enhance stockholder value​"
Monday, 11 Sep 2017 09:00am EDT 

Sept 11 (Reuters) - Forest City Realty Trust Inc :Forest City Realty Trust Inc - ‍board of directors has commenced a process to consider a broad range of alternatives to "enhance stockholder value​".Forest City Realty Trust - ‍commenced process to consider alternatives including enhanced operating plan, structural alternatives for company's assets​.Forest City Realty Trust - ‍commenced process to consider alternatives including potential merger, acquisition or sale transactions​.  Full Article

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Brookfield to buy Forest City Realty Trust in $11.4 billion deal

Brookfield Asset Management Inc said on Tuesday it would buy Forest City Realty Trust Inc in a deal valued at $11.4 billion, including debt, months after Forest City ceded board control to activist shareholders.