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RioCan off to "strong start" in quest to sell interests in its apartment holdings

Retail-heavy REIT's decision comes as housing market slows across country
RioCan REIT said it has a deal to sell its 50% stake in the apartment building known as Brio in Calgary. (CoStar)
RioCan REIT said it has a deal to sell its 50% stake in the apartment building known as Brio in Calgary. (CoStar)

RioCan Real Estate Investment Trust is looking to sell some of its major rental apartment holdings, a strategy Canada's oldest real estate investment trust is implementing as activity in the overall housing market slows.

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