Cohen & Steers Real Estate Opportunities and Income Fund (RLTY) Raises $305 Million
NEW YORK, February 24, 2022—Cohen & Steers, Inc. (NYSE: CNS), announced today the
initial public offering of the Cohen & Steers Real Estate Opportunities and Income Fund (the
“Fund”). The Fund raised approximately $305,000,000 in proceeds (excluding any exercise
of the underwriters’ option to purchase additional securities) in the initial public offering of
15,250,000 common shares at $20 per share. The Fund has granted the underwriters an
option to purchase an additional 2,287,500 common shares at the public offering price within
45 days of the date of prospectus, February 24, 2022. Assuming full exercise of the
underwriters’ option to purchase additional securities, which may or may not occur, proceeds
could total $350,750,000. The Fund’s common shares began trading today, Thursday,
February 24, 2022 on the New York Stock Exchange under the symbol “RLTY,” and the
offering is expected to close on Monday, February 28, 2022, subject to customary closing
conditions.