TrafficCourt

Ramco, Riocan Call Off Partnership

RioCan Real Estate Investment Trust and Ramco-Gershenson Properties Trust have called off their planned $1.5 billion joint venture to co-own and develop shopping centers in the U.S.

Ramco instead has formed a $450 million joint venture with one of its previous partners, Heitman.

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