First Capital REIT Portfolio Acquisition by Choice Properties and KingSett Capital
Sector: Commercial • Location: Canada
Source: The Globe and Mail
First Capital REIT, one of Canada's largest outdoor shopping centre landlords, entered into an agreement to split up and sell its portfolio to Choice Properties REIT and private asset manager KingSett Capital. Choice Properties, controlled by George Weston Ltd. which also owns Loblaws, agreed to acquire $5 billion of primarily grocery-anchored shopping centres. This transaction would give Choice c
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | awarded |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Phone | 0000000000 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | First Capital REIT, one of Canada's largest outdoor shopping centre landlords, entered into an agreement to split up and sell its portfolio to Choice Properties REIT and private asset manager KingSett Capital. Choice Properties, controlled by George Weston Ltd. which also owns Loblaws, agreed to acquire $5 billion of primarily grocery-anchored shopping centres. This transaction would give Choice control over more than 650 retail plazas across Canada, further entrenching it as the largest grocery landlord in the country. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
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Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
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