Tampa real estate trust Sila wins bid for NYSE listing


  • By Louis Llovio
  • | 10:00 a.m. May 29, 2024
  • | 0 Free Articles Remaining!
UTMB Health Clear Lake Hospital was sold by Sila for $258.4 million.
UTMB Health Clear Lake Hospital was sold by Sila for $258.4 million.
Image via UTMBHealth.com
  • Tampa Bay-Lakeland
  • Share

Tampa based Sila Realty Trust has won approval to be listed on the New York Stock Exchange.

The REIT announced the decision Wednesday saying that it would begin trading on the exchange June 13 under the ticker symbol SILA. As is customary, the company’s management and board of directors will ring the opening bell that day.

“This is a significant milestone in our company’s history, as we believe the listing will introduce Sila to a large and diverse group of investors, offering access to scale capital, while also providing liquidity optionality for our current shareholders,” Sila’s president and CEO Michael A. Seton says in a note to investors.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content