Wednesday, April 25, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Unveiled New Onyx Cinema LED Screen at CinemaCon
Samsung's Fastest 970 PRO and EVO NVMe SSDs Are Launching Worldwide
Music Streaming Becomes Largest Revenue Source, Physical Sales Decline
New Wi-Fi Capabilities Provide Context-aware Services
Facebook Outlines Internal Enforcement Guidelines For the First time
CyberLink Launches First AI Style Video Editing Plugin for Windows PC
Amazon to Bring Packages Inside Your Locked Car
Xiaomi Takes the Lead in the Indian Smartphone Market
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Blackbe...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, January 21, 2014
Blackberry To Divest Canadian Real Estate Holdings


BlackBerry today announced that it intends to divest the majority of its real estate holdings in Canada.

In partnership with CBRE Limited, BlackBerry intends to strategically divest the majority of its commercial real estate portfolio through a combination of sale-leaseback and vacant asset sales. The properties to be offered for sale comprise over 3 million square feet of space.

"BlackBerry remains committed to being headquartered in Waterloo and having a strong presence in Canada along with other global hubs," said BlackBerry CEO and Executive Chair, John Chen. "This initiative will further enhance BlackBerry?s financial flexibility, and will provide additional resources to support our operations as our business continues to evolve."

BlackBerry did not comment on the potential value of a sale.

The moves to monetize the real estate assets comes following a series of major layoffs by BlackBerry.




Previous
Next
Toshiba Launches New Subsidiary, OCZ Storage Solutions        All News        Hitachi HDDs Have The Lowest Failure Rate: report
LG To Add Fingerprint Recognition Function to Smartphones     Mobiles News      Samsung Galaxy S5 Heading To MWC

Get RSS feed Easy Print E-Mail this Message

Related News
BlackBerry Reports Strong Profit
BlackBerry and Microsoft Partner to Secure Mobile Workforce
BlackBerry Sues Facebook, WhatsApp, Instagram Over Patent Infringement
BlackBerry Jarvis Will Protect Your Connected Car
CES: TCL Promises to Launch More BlackBerry Phones This Year
BlackBerry, Baidu Partner on Driverless Car Software
BlackBerry Ends Support for Priv, Talks About the Future of BB10
BlackBerry and Qualcomm Extend Relationship to Deliver Automotive Platforms for Vehicles
BlackBerry to Pay Nokia $137 Million in Contract Dispute
BlackBerry Signs License Deal with BLU
All-touchscreen BlackBerry Motion is Official
Software Sales Fuel BlackBerry's Profit

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .