Building sales are drawing investors, Crescent Real Estate Equities reports.

From: Dallas Morning News (Dallas, TX) | Date: June 29, 2004 | Copyright information

Byline: Steve Brown

Jun. 29--Crescent Real Estate Equities Co. executives told shareholders Monday that its plan to sell part interest in many of its buildings will return big dividends.

The company also responded to criticism at its annual meeting about insider transactions.

The Fort Worth-based real estate investment trust recently disclosed that it plans to sell as much as $2 billion in assets over 12 to 18 months. The sales are expected to incl...

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