Nov 14 (Reuters) - RNY Property Trust (RNY) announcement refers...

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    Nov 14 (Reuters) - RNY Property Trust (RNY)

    • announcement refers to plan to sell its assets in a fully marketed and orderly manner
    • high bids received for assets , in total, represent a 13.3% discount to 30 june 2016 valuations of such properties
    • based on bids received to date it is expected that there will be a material adverse effect on nta
    • rny asset sale update-rny.ax
 
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