Skip navigation
TrafficCourt
Kimco Part of Cerberus Buyout Deal

Kimco Part of Cerberus Buyout Deal

Turns out one of Cerberus' co-investors in its planned buyout of the Safeway grocery chain is shopping center REIT Kimco Realty Corp. While Kimco's contribution, of approximately $90 million, is relatively small compared to the overall size of the transaction ($9.4 billion), it would give the REIT a 9.9 percent stake in the merged Albertsons/Safeway portfolio.

Register to view the full article

This article is part of our premium content subscription. You need to subscribe to gain access to premium content.

Why Register for NREIonline? It's simple and free, and here is what you get:

• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish