Sign up for free newsletter

 

Sold sign

RioCan Reit sells entire equity position in Cedar Realty Trust

Mon, 11/02/2013 - 06:22

RioCan Real Estate Investment Trust has sold all 9.4 million shares of Cedar Realty Trust in a block trade through Goldman Sachs for total proceeds of approximately USD48m.

As previously disclosed on 6 September 2012, RioCan and Cedar announced that they agreed to dissolve their joint venture arrangement, and effective 1 February 2013, RioCan assumed all property and asset management activities for the properties that were previously managed by Cedar.

As a result of the sale of these shares held, RioCan no longer has any equity position in Cedar.
 


Subscribe to free daily newsletter
latestjobs
Lead C++ Software Engineer (Ultra-Low Latency)

Sat, 28 Mar 2015 00:00:00 GMT

Front Office Equity Derivatives Quant | NYC

Sat, 28 Mar 2015 00:00:00 GMT

Network Operations Engineer-Prop Trading Firm

Sat, 28 Mar 2015 00:00:00 GMT

events
1 day 5 hours from now - New York
1 week 5 hours from now - New Jersey
1 week 4 days from now - Zurich
2 weeks 5 hours from now - New York
2 weeks 5 hours from now - San Francisco
specialreports