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RioCan, Kimco to wind up pan-Canadian real estate partnership in stages

2015-09-24 17:22:51| Real Estate - Topix.net

The RioCan and Kimco real estate businesses are unwinding their Canadian partnership, which jointly owns 35 properties in six provinces. RioCan Real Estate Investment Trust will pay $715 million to acquire Kimco Realty Corp.'s stake in 22 of the properties and assume Kimco's share of their existing debt.

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