ACTIVIST INVESTOR LAND & BUILDINGS URGES AIMCO BOARD TO START SALE PROCESS

18 April 2023

Land & Buildings Investment Management, LLC a large shareholder of Apartment Investment and Management Company (NYSE: AIV), today issued an open letter to the Company’s Board of Directors.

Land & Buildings believes company has still not done enough to address substantial and persistent discount to NAV.

Urges Board to immediately begin a full process to evaluate alternatives to maximize shareholder value.

More, Source: Land & Buildings Press Release