THe big crossings I am second guessing are between deutche bank asset management and Deutche bank. You will note a Mr Robinson is an independent director on the board of RNY with ties before to Deutche bank and Deutche bank is the only sharehoder with enough shares to make that big a crossing reference Page 89 Annual report released the other day.
It could also be the holding by Scott Rechler, Maturo ,and Bannett; but as they are at 19.5% they would have to make a takeover announcement if they bought any more and I am not sure they would be wanting to make waves at the moment through a crossing.
The crossings were all below the current sp being trading which looks like they were made to make it like the sp was going down due to makret conditions when in fact it was one entitiy. (why not make the crossing at market rates?)
Deutche bank have around $2000 Billion Euros in assets they may be able to afford to buy RNY out I am guessing.
Particularly Interesting also to see the inclusion now of the holder with 5.2% of the capital on page 89 of the annual report.
The company is panicking the tennants at 200 executive drive walked out occupancy is around 59% there now compared to almost being full and same happened at 300 vanderbuilt Motorparkway occupancy dropped in the last couple of months from 71%$ down to 11%.
Those are only 2 of their 24 properties occupied but its not a good look which may be the reason for the selling
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