CHICAGO, July 17, 2014 /PRNewswire/ -- CommonWealth
REIT (NYSE: CWH) announced today that the company will be changing
its name to "Equity Commonwealth", effective August 1, 2014. On and after that date, the
common shares of the company will trade on the New York Stock
Exchange under the new name and the new ticker symbol "EQC".
"This name change reflects a new chapter for the Company," said
CommonWealth REIT's Chairman Sam
Zell. "In keeping with the other 'Equity' companies, Equity
Commonwealth will operate with an entrepreneurial culture, where
the interests of all stakeholders are aligned, focusing on
long-term value creation for Equity Commonwealth's
shareholders."
About CommonWealth REIT
Commonwealth REIT (NYSE: CWH)
is an internally managed and self-advised real estate investment
trust, which primarily owns office buildings located in central
business districts and suburban locations across the country, with
executive offices in Chicago,
Ill.
Forward-Looking Statements
This press release may
contain forward-looking statements and information within the
meaning of the federal securities laws. These statements, which may
include statements regarding CommonWealth's outlook and long-term
value prospects, are based on current expectations, estimates,
projections and assumptions made by management. While CommonWealth
management believes the assumptions underlying its forward-looking
statements are reasonable, such information is inherently subject
to uncertainties and may involve certain risks. Other risks and
uncertainties are described under the heading "Risk Factors" in our
Annual Report on Form 10-K and subsequent periodic reports filed
with the Securities and Exchange Commission (SEC) and available on
our website, www.cwhreit.com. Many of these uncertainties and risks
are difficult to predict and beyond management's control.
Forward-looking statements are not guarantees of future
performance, results or events. We cannot assure you that the name
change and the new ticker symbol will become effective on
August 1, 2014, or at all.
CommonWealth assumes no obligation to update or supplement
forward-looking statements that become untrue because of subsequent
events.
Investor and Media Contact
Sarah Byrnes, CommonWealth REIT, (312)
646-2801
SOURCE CommonWealth REIT