RioCan forms joint venture to acquire $53 million retail center

RioCan will invest $42.4 million in a retail joint venture in Reading, Pa., with Cedar Shopping Centers. The Canadian REIT will hold an 80% stake in the venture, which will acquire Exeter Commons, a 361,000-square-foot project, for $53 million.

View Full Article in:

Winnipeg Free Press (Manitoba) (tiered subscription model)

Published in Brief: