Sasha M Pardy

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p><b>Update: Targets Rejects Pershing's Proposal</b>
Target Corporation (NYSE:TGT) announced late Nov. 21, 2008 that it will not further pursue Pershing Square's proposal to spin-off Target's real estate into a new Real Estate Investment Trust.</p></div></div>

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Pershing Square Capital Management's Proposal For Target to Create Country's Largest Real Estate Investment Trust

Update: REJECTED! Target Considering Spinning Off Real Estate to Form New REIT

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Update: REJECTED! Target Considering Spinning Off Real Estate to Form New REIT

Pershing Square Capital Management's Proposal For Target to Create Country's Largest Real Estate Investment Trust

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