Land & Buildings Calls on Equity Commonwealth to Take Long Overdue Step of Liquidating Remaining Assets and Returning Capital to Shareholders

STAMFORD, Conn.--(BUSINESS WIRE)--Today, Land & Buildings Investment Management, LLC (together with its affiliates, “Land & Buildings”), a 3% shareholder of Equity Commonwealth (NYSE: EQC) (“EQC” or the “Company”), released a letter it recently sent to the Company’s Board of Directors (the “Board”). Land & Buildings Founder and Chief Investment Officer Jonathan Litt stated: “ For some time, it has been our view that given the makeup of EQC’s real estate portfolio, the Company’s more than $2 billion in cas ...