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Announced

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Howard Hughes Holdings completed the spin off of Seaport Entertainment Group.

Synopsis

Howard Hughes Holdings, a real estate development and management company, completed the spin off of Seaport Entertainment Group, an intersection of entertainment and real estate services provider. Financial terms were not disclosed. “Today is an exciting milestone for Seaport Entertainment Group as we begin this new phase as an independent public company. We’ve built a team of experienced industry professionals, with the goal of creating a best-in-class entertainment organization underpinned by our quality portfolio in top-tier, high-barrier-to-entry markets. We are committed to redefining the entertainment experience for our guests, and I’m confident our unique assets, strong partnerships, and newly constructed team are capable of creating long-term value," Anton D. Nikodemus, Howard Hughes President, Chairman and CEO.

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