Calloway to acquire 7 Wal-Mart supercenters this year

02/26/2010 | Reuters

Calloway REIT is planning to add seven Wal-Mart supercenters to its portfolio this year. "We continue to anticipate this clearly successful Walmart strategy will have longer-term beneficial effects for Calloway from a higher volume and frequency of consumer visits to our properties," CEO Simon Nyilassy said.

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