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RioCan Gains Control of Yonge Sheppard Centre

REIT Issues Units to Buy KingSett's 50% Stake in Toronto Mixed-Use Complex for $358 Million
The Yonge Sheppard Centre in Toronto will be 100% owned by RioCan Real Estate Investment Trust. (CoStar)
The Yonge Sheppard Centre in Toronto will be 100% owned by RioCan Real Estate Investment Trust. (CoStar)
CoStar News
September 4, 2019 | 6:30 P.M.

Canada's second-largest real estate investment trust, RioCan, officially closed on its $357.6 million purchase of KingSett Capital's 50% stake in the Yonge Sheppard Centre in Toronto.

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