FORT LAUDERDALE, FL--(Marketwired - Apr 11, 2013) - ONE International Realty Investment Corp . ( www.ONEInternationalRealty.com ) announced today that it has launched an initial public offering of 13,250,000 shares of common stock at an anticipated initial public offering price of between $8.00 and $12.00 per share. In addition, the underwriters will have a 30-day option to purchase from ONE International Realty up to an additional 1,987,500 shares of common stock at the initial public offering price. ONE International Realty intends to list its common stock on the New York Stock Exchange. In addition, ONE International Realty has entered into contribution and merger agreements through which it will acquire, concurrent with the closing of the offering, an initial portfolio of more than 2,100 single-family residential properties through entities . ONE International Realty intends to use the net proceeds of the offering to purchase additional single-family properties, to renovate such properties for rental to tenants, and for working capital. For information contact, www.Oneinternationalrealty.com .
Additional Information
Stockholders of ONE International Realty , and other interested persons, may find additional information regarding ONE International Realty by directing requests to: ONE International Realty , Attn: Investor Relations, 500 East Broward Blvd., Fort Lauderdale, Fl 33394, telephone, 954-376-3132 .
Contact: ONE International Realty Investment Corp . Gregg Robles 954-376-3132 Director of Investor Relations Email Contact