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RioCan Real Estate Investment Trust enters into an agreement with CT Real Estate Investment Trust for the sale of seven retail properties

TORONTO, Canada, 2017-Nov-30 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan” or the “Trust”) (TSX:REI.UN) today announced that it has entered into an agreement with CT Real Estate Investment Trust ("CT REIT") for the sale of seven retail properties, all of which are anchored by a Canadian Tire banner, for a total sale price of $200 million. The…
November 30, 20170Comments

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Business Malls Management Retail Retailer

PREIT closes sale of two street-level retail properties in downtown Philadelphia for approximately $20 million

PHILADELPHIA, 2016-Jun-07 — /EPR Retail News/ — PREIT (NYSE: PEI) has completed the transactions for the sale of two street-level retail properties 1501 – 05 Walnut Street and 1520 – 22 Chestnut Street  in downtown Philadelphia , representing a gain on sale of approximately $20 million and a blended 3.9% cap rate. PREIT acquired the…
June 7, 20160Comments

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