7/22/2013

U.S. shopping center landlord Brixmor Property Group's IPO could raise $700 million or more, making it the largest for a retail real estate investment trust in 20 years. Simon Property Group's IPO raised $840 million in 1993. Pricing has yet to be set for the sale. Brixmor owns 522 shopping centers with 87 million square feet of space.

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Bloomberg

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