(Source: The Globe and Mail)

RioCan Real Estate Investment Trust (REI.UN-T17.51-0.24-1.35%) is making its first major U.S. acquisition, with a $181-million (U.S.) deal to acquire shopping malls in the northeastern and Mid-Atlantic states as well as a minority stake in a U.S. developer.

Read the full article by John Valorzi, “RioCan makes $181-million U.S. foray” in the Globe and Mail (Oct 26, 2009).

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