Canada's second-largest real estate investment trust is selling 50% nonmanaging stakes in two assets in Ottawa and Toronto, moves that will inject capital into its development pipeline.
RioCan to Sell 50% Interest in Toronto, Ottawa Projects to Development Partner
REIT Expects to Generate $156 Million, Has Agreements for Another $105 Million
By Garry Marr
CoStar News
October 30, 2020 | 9:41 P.M.
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IN THIS ARTICLE
- Properties
- eCentral
15 Roehampton Ave, Toronto, ON
- Companies
- RioCan Real Estate Investment Trust
Real Estate