Cohen & Steers Quality Income Realty Fund Announces Results of Transferable Rights Offering
The Cohen & Steers Quality Income Realty Fund (RQI) announced the preliminary results of its transferable rights offering, which raised approximately $154 million in gross proceeds. The subscription price was set at $12.15 per share based on a formula tied to recent stock prices and net asset value.
Tickers: $RQI
Topics: capital raising Cohen & Steers real estate investment trust (REIT)