The Allstate Corporation (0HCZ.L)
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- Zacks
Allstate (ALL) on Track to Sell Property to Reduce Expenses
Allstate (ALL) to divest part of its Northbrook, IL property to warehouse builder Dermody Properties to cut down on expenses.
- Business Wire
Allstate Reaches Agreement to Sell Northbrook Campus
NORTHBROOK, Ill., November 29, 2021--The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022.
- Zacks
Allstate (ALL) Announces Quarterly Dividend: Worth a Look?
Despite Allstate's (ALL) moves to boost shareholder values, high debt burden and declining profits are concerning.
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