REITs are approached with $3.5 billion sale of Spirit Finance

07/22/2010 | Reuters

Macquarie Group is said to be seeking $3.5 billion for the sale of Spirit Finance. It has approached several REITs including National Retail Properties, Lexington Realty Trust and Realty Income about a prospective sale of the REIT, which focuses on such retail properties as auto dealers, drugstores and supermarkets.

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